Courses 2016 - 2017
LAW T 503
Problems Of Timing
2-3, Max 3
An advanced analysis of tax accounting issues and all problems relating to the timing of income. In addition to the basics of the cash and accrual methods, there will be consideration of the at-risk rules, passive activity losses and credits, installment and deferred payment sales, loss carryovers and carrybacks, inventories and the uniform capitalization rules, §482 adjustments and original issue discount (OID) problems.
Not offered this academic year.