Syllabus Entrance
Printer Friendly
Email Syllabus

AC 312 Business Income Tax
Ryno, Serge Alexander


Mission Statement: The mission of Park University, an entrepreneurial institution of learning, is to provide access to academic excellence, which will prepare learners to think critically, communicate effectively and engage in lifelong learning while serving a global community.

Vision Statement: Park University will be a renowned international leader in providing innovative educational opportunities for learners within the global society.
CourseAC 312 Business Income Tax RA
SemesterS1SS2006
FacultyRyno, Serge Alexander
TitleAccounting Professor
Degrees/CertificatesBBA
MA
PhD
Office LocationRandolph AFB
Office HoursUpon Request
Daytime Phone281-435-5777
Other Phone325-446-3721
E-MailSerge.Ryno02@park.edu
Semester DatesJan 9 thru Mar 5, 2006; last drop date Feb 12
Class Days-M-W---
Class Time4:55 - 7:35 PM
PrerequisitesAC309, AC320 and CS140, or equivalents
Credit Hours3

Textbook:
Hoffman, Raabe, Smith, Malovey
West Federal Taxation -2006 Edition- Corporations, Partnerships, Estates & Trusts,
Thomson/ South-Western Publishing

Textbooks can be purchased through the MBS bookstore

Textbooks can be purchased through the Parkville Bookstore


Course Description:
A study of the current federal income tax law. Emphasis is on tax research and the problems faced by partnerships and organizations.  Pre-requisites: AC309, AC320 and CS140 or equivalents.  3:0:3

Educational Philosophy:
Provide the student an opportunity to learn utilizing reading, writing, testing, presentation and communication skills. The student should enhance their writing, research and presentation skills while gaining new insight into the world of taxation.

Learning Outcomes:

1. Prepare business income tax returns.
2. Prepare gift tax returns.
3. Prepare estate tax returns.
4. Prepare trust tax returns.
5. Research tax issues.
6. Use computer software for tax planning and tax returns.

Course Assessment:
90-100 A
80-89 B
70-79 C
60-69 D
<59 F

Grading:
Research Paper (min.5 pgs & 5 ref.)* 20%
Presentation* 20%
3 Quizzes (10 pts ea) 30%
Homework 20%
Tax Project         10%

* topics to be agreed in Class 1

Late Submission of Course Materials:
Students will be expected to complete their assignments timely. Ample notice will be given of all assignments. Chapter Reading and assignments will be completed prior to the beginning of each class. Assignments will be reduced one letter grade if received by the next scheduled class and will not be accepted after that.

Classroom Rules of Conduct:
Students will be expected to be participative in class and be respectful of one another in class.

 Class ActivitiesAssignments
Jan 9Chapter 1; Intro; Discuss papers & Computer ProjectDiscussion Questions 2, 3, 4, 5, 11, 13, 32 Problems 57, 58
Jan 11Chapter 2Discussion Questions 3, 4, 5, 7, 20, 27 Problems 37, 47
Jan 16Chapter 3Discussion Questions 2, 3, 6, 8, 10, 13, 19 Problems 29, 33
Jan 18Chapter 4Discussion Questions 2, 3, 5, 8, 11, 13, 17 Problems 28, 31
Jan 23Quiz 1 Chapters 1-4;Chapter 5Discussion Questions 2, 3, 4, 7, 14, 16, 22 Problems 41, 43
Jan 25Chapter 6Discussion Questions 1, 2, 4, 7, 11, 14, 18 Problems 33, 34
Jan 30Computer Project F-1 Problem 1 
Feb 1Chapter 9Discussion Questions 2, 3, 4, 5, 13, 14, 15 Problems 16, 33
Feb 6Chapter 12Discussion Questions 2, 3, 4, 5, 8, 9, 12 Problems 18, 20
Feb 8Chapter 13Discussion Questions 2, 3, 4, 5, 7, 9, 17 Problems 35, 39
Feb 13Quiz 2 Chapters 6,9,12,13;
Chapter 14
Discussion Questions 1, 2, 3, 4, 7, 13, 15, 25 Problems 33, 44
Feb 15Chapter 15Discussion Questions 2, 3, 4, 5, 9, 18, 21 Problems 30, 33
Feb 20Chapter 16Discussion Questions 2, 3, 4, 6, 9, 10, 12 Problems 36, 45
Feb 22Chapter 17;
Papers Due
Discussion Questions 1, 3, 4, 6, 9, 18, 26 Problems 32, 34
Feb 27Quiz 3 Chapters 14, 15, 16, 17; Chapter 18  19Ch 18 - Discussion Questions 2, 3, 4, 8, 11, 14, 20;
Ch. 19 Discussion Questions 1, 2, 3, 8, 17, 20
Mar 1Presentations; Tax Problem 

Academic Honesty:
Academic integrity is the foundation of the academic community. Because each student has the primary responsibility for being academically honest, students are advised to read and understand all sections of this policy relating to standards of conduct and academic life.   Park University 2005-2006 Undergraduate Catalog Page 85-87

Plagiarism:
Plagiarism involves the use of quotations without quotation marks, the use of quotations without indication of the source, the use of another's idea without acknowledging the source, the submission of a paper, laboratory report, project, or class assignment (any portion of such) prepared by another person, or incorrect paraphrasing. Park University 2005-2006 Undergraduate Catalog Page 85-87

Attendance Policy:
Instructors are required to maintain attendance records and to report absences via the online attendance reporting system.

  1. The instructor may excuse absences for valid reasons, but missed work must be made up within the semester/term of enrollment.
  2. Work missed through unexcused absences must also be made up within the semester/term of enrollment, but unexcused absences may carry further penalties.
  3. In the event of two consecutive weeks of unexcused absences in a semester/term of enrollment, the student will be administratively withdrawn, resulting in a grade of "WH".
  4. A "Contract for Incomplete" will not be issued to a student who has unexcused or excessive absences recorded for a course.
  5. Students receiving Military Tuition Assistance or Veterans Administration educational benefits must not exceed three unexcused absences in the semester/term of enrollment. Excessive absences will be reported to the appropriate agency and may result in a monetary penalty to the student.
  6. Report of a "F" grade (attendance or academic) resulting from excessive absence for those students who are receiving financial assistance from agencies not mentioned in item 5 above will be reported to the appropriate agency.

Park University 2005-2006 Undergraduate Catalog Page 89

Disability Guidelines:

Park University is committed to meeting the needs of all students that meet the criteria for special assistance. These guidelines are designed to supply directions to students concerning the information necessary to accomplish this goal. It is Park University's policy to comply fully with federal and state law, including Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990, regarding students with disabilities. In the case of any inconsistency between these guidelines and federal and/or state law, the provisions of the law will apply. Park University is committed to meeting the needs of all learners that meet the criteria for special assistance. These guidelines are designed to supply directions to learners concerning the information necessary to accomplish this goal. It is Park University's policy to comply fully with federal and state law, including Section 504 of the Rehabilitation Act of 1973 and the American with Disabilities Act of 1990, regarding learners with disabilities and, to the extent of any inconsistency between these guidelines and federal and/or state law, the provisions of the law will apply. Additional information concerning Park University's policies and procedures related to disability can be found on the Park University web page:
http://www.park.edu/disability
 
.

Copyright:
This material is copyrighted and cannot be reused without author permission