Office hours. Study aids (West Academic Publishing)
Includes links to lecture transcripts.
Formatted Contents Note
Changes of the TCJA (8:11) Expense vs. Expenditure (current year income vs. future years) (5:10) Income vs. Tax Income (highlighting everything we could tax vs. what we do and the usual justifications) (6:41) Debt (loans, interest, rationales, and how it can impact basis) (6:49) Cancellation of Indebtedness (from where does the income arise explaining Kirby Lumber) (6:22) Defining the cost in "cost basis" (5:41) The "proper adjustments" of [section] 1016 (8:01) The dividing line between Above and Below the Line deductions (6:16) Deduction, Exclusion, Credit? What's the difference? (5:23) Gross Income vs. Taxable Income (5:27) Income Tax vs. Consumption Tax Base (5:44) Realization (4:46) Property for Property Swaps (what is amount realized and why isn't basis personal?) (4:53) Explaining Philadelphia Park (6:04) Nonrecognition: comparing deferral and exclusion (and the connection to basis) (6:27) Depreciation: reality vs. theory (5:17) Capital Gains Taxation Then and Now (mechanics) (5:17) Effective vs. Marginal Rate (talk about [section] 1) (4:24) Timing (deferral and time value of money) (3:57) Business/personal dilemma and how it imacts our tax system (4:51) Gains, Losses, and Income Shifting (4:37) Cost Recovery conceptually (5:29) Exploring Tax Credits: Child Tax Credit (5:23) Gifts and Special Basis Rules (5:35) Losses and Loss Limitations ([section] 165 casualty and [section] 267) (4:35).
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Source of Description
Description based on publisher's description page, viewed September 23, 2020.