Author Description

From the Back Cover *an Introduction to Federal Income Taxes This book explores the basic concepts, most commonly encountered provisions and issues, and procedural requirements involved with completing a federal income tax return — with emphasis on the preparation of income tax forms and schedules for an individual. This book covers the practical aspects of completing the federal income tax return — with emphasis on topics and provisions that have relevance for the largest number of taxpayers. It features case notes to give a flavor of the "grey" areas in the tax law and includes practice notes showing how to take advantage of favorable tax provisions or avoid unfavorable tax provisions. Contains a comprehensive tax return problem with copies of actual source documents needed to complete a tax return. It lists information pertaining to the number of taxpayers utilizing various tax provisions (e.g., standard deductions, itemized deductions). A reference book for Federal Income Tax Procedures.