Cookies on NWTC's Website

Accounting-Business Tax

Class Number: ACCOUNT 10101152-2 - Accounting-Business Tax
Offering Status: Open
Academic Level: Post_Secondary
Back

Course Description

10-101-152 ACCOUNTING-BUSINESS TAX ...learners will be introduced to federal tax laws as they apply to business entities and will prepare business income tax returns. (Prerequisite: 10-101-154, Accounting-Personal Tax)

Course Typically Offered

  • Fall
  • Spring

Most NWTC classes are offered in 8-week sessions. Learn more about how our class schedule can help you succeed.

What will I learn?

  1. Describe, in general, the federal income tax issues that apply to recognition of business income.
  2. Describe, in general, the federal income tax issues that apply to business deductions.
  3. Determine federal tax basis of assets
  4. Apply federal income tax rules to compute regular and AMT depreciation
  5. Determine federal income tax consequences on the disposition of business property.
  6. Contrast the federal income tax advantages and disadvantages of ownership in various business entities
  7. Apply appropriate income tax law in the formation, operation and dissolution of a Limited Liability Company
  8. Apply appropriate income tax law in the formation, operation and dissolution of a Partnership
  9. Apply appropriate income tax law in the formation, operation and dissolution of a Corporation

Class Details

Class Number:
ACCOUNT 10101152-2 - Accounting-Business Tax
Date:
-
Delivery:
Online Live
Term:
2026 Fall Session 2

Class Notes

Class Format:

·         Combination of online-live and online instruction.

·         Attend live virtual sessions at scheduled times.

·         Access remaining instruction online anytime.

·         For more info, visit Online Live Classes.

Meetings Times

Dates Day(s) / Time Location
10/21/2026 - 12/18/2026 Online
12:00 AM - 12:00 AM
10/21/2026 - 12/18/2026 Online Live Wednesday
5:30 PM - 7:20 PM

* Cost displayed is based on in-state residency. Back to cost