Accounting-Business Tax

Class Number: ACCOUNT 10101152-2 - Accounting-Business Tax
Offering Status: Open
Academic Level: Post_Secondary
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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 Spring Session 1

Class Notes

This class is taught through a combination of online-live and online instruction. A portion of the class must be attended live virtually during the scheduled dates and times, and the remaining instruction accessed online by the student any time. For more information regarding this delivery and how to access your class, see www.nwtc.edu/onlinelivefaq.

Meetings Times

Dates Day(s) / Time Location
1/22/2026 - 3/16/2026 Online
12:00 AM - 12:00 AM
1/22/2026 - 3/16/2026 Online Live Thursday
12:30 PM - 2:20 PM

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