This course is part of U.S. Federal Taxation.
This course cannot be purchased separately - to access the complete learning experience, graded assignments, and earn certificates, you'll need to enroll in the full U.S. Federal Taxation Specialization program. You can audit this specific course for free to explore the content, which includes access to course materials and lectures. This allows you to learn at your own pace without any financial commitment.
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Instructors:
English
پښتو, বাংলা, اردو, 3 more
What you'll learn
Understand partnership formation and operations
Master S corporation tax regulations
Analyze pass-through entity distributions
Manage partnership sales and terminations
Apply LLC and LLP tax principles
Navigate professional tax ethics
Skills you'll gain
This course includes:
7.1 Hours PreRecorded video
56 quizzes
Access on Mobile, Tablet, Desktop
FullTime access
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There are 9 modules in this course
This comprehensive course explores U.S. federal income taxation of pass-through business entities, including Subchapter S corporations, partnerships, and limited liability companies. Students learn about entity formation, operations, distributions, and terminations under Subchapters S and K of the Internal Revenue Code. The curriculum covers practical applications of tax regulations, Treasury guidelines, and judicial opinions, with emphasis on both technical knowledge and professional skills development.
Introduction to Course
Module 1 · 1 Hours to complete
Module 1: Partnership Formation
Module 2 · 3 Hours to complete
Module 2: Partnership Operations
Module 3 · 2 Hours to complete
Module 3: Partnership Distributions
Module 4 · 5 Hours to complete
Module 5: Other Pass-Through Entities
Module 6 · 4 Hours to complete
Module 6: S Corporation Operations
Module 7 · 3 Hours to complete
Module 7: Professional Tax Practice and Ethics
Module 8 · 5 Hours to complete
Strategic Organizational Form Choice
Module 9 · 2 Hours to complete
Fee Structure
Individual course purchase is not available - to enroll in this course with a certificate, you need to purchase the complete Professional Certificate Course. For enrollment and detailed fee structure, visit the following: U.S. Federal Taxation
Instructor
Irwin Jecha Distinguished Professor in Accountancy and Head of the Department of Accountanc
Michael P. Donohoe is the Irwin Jecha Distinguished Professor in Accountancy and the Head of the Department of Accountancy at the University of Illinois Urbana-Champaign. A seasoned educator and practitioner, Dr. Donohoe specializes in taxation and accounting, bringing a wealth of knowledge to his students and the broader academic community. His leadership has been instrumental in shaping the future of the Accountancy program at Gies College of Business.Dr. Donohoe teaches courses such as "Taxation of Business Entities I: Corporations" and "Taxation of Business Entities II: Pass-Through Entities," which are highly regarded for their practical insights and academic rigor. With a focus on equipping learners with a deep understanding of complex tax structures, he prepares them to excel in their professional careers. More information about his academic and professional contributions can be found on his Gies Business profile.
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Frequently asked questions
Below are some of the most commonly asked questions about this course. We aim to provide clear and concise answers to help you better understand the course content, structure, and any other relevant information. If you have any additional questions or if your question is not listed here, please don't hesitate to reach out to our support team for further assistance.