BA 256 — Income Tax Accounting I
Introduces the basics of income tax accounting for individuals and business organizations. Builds an understanding of basic tax calculations and of how the Internal Revenue Code impacts individuals and businesses. Explores methods of incorporating and extracting income tax information from an organization's existing financial accounting system. Prepares students for the Oregon Board of Tax Practitioner's Licensed tax Preparer (LTP) exam. Recommended: Strongly recommend BA 101A Business Foundations and Practical Accounting I or significant experience working in business.