Problems and Solutions for Federal Income Taxation

The second edition of Problems and Solutions for Federal Income Taxation reflects the many significant changes made by the Tax Cuts and Jobs Act for years 2018 and beyond. This edition includes more than 400 problems with solutions. Each problem set is introduced with a concise overview. The book contains 42 chapters that are accessible by topic, code section, case name or keyword. No matter the main text assigned, this comprehensive problem set will aid students in assessing and refining their knowledge of the federal income tax and its application to typical fact patterns.

Coverage includes treatments of individual and family income tax principles, business taxation, intellectual property taxation, deferred compensation, and tax procedure. The final chapters include introductions to corporate and partnership taxation, international taxation, and federal transfer taxation.