If you do well in this course, you will be able to:

• understand current tax laws and concepts and apply them to actual situations affecting individuals
• calculate taxable income and tax liability for individual taxpayers, with and without the actual Internal Revenue Service forms
• follow instructions and prepare commonly-used IRS forms and schedules for individual taxpayers
• minimize personal income taxes through application of concepts of tax planning
• identify sources of current information on tax matters
• keep the necessary financial data to prepare tax returns and do tax planning
• answer CPA exam questions related to individual Federal Income Taxation