McGraw Hill's Essentials of Federal Taxation 2027: Evergreen Release ISE

PART I: INTRODUCTION TO TAXATION

1. An Introduction to Tax

2. Tax Compliance, the IRS, and Tax Authorities

3. Tax Planning Strategies and Related Limitations

PART II: INDIVIDUAL TAXATION

4. Individual Income Tax Overview, Dependents, and Filing Status

5. Gross Income and Exclusions

6. Individual For AGI Deductions

7. Individual From AGI Deductions

8. Individual Income Tax Computation and Tax Credits

PART III: BUSINESS-RELATED TRANSACTIONS

9. Business Income, Deductions, and Accounting Methods

10. Property Acquisition and Cost Recovery

11. Property Dispositions

PART IV: ENTITY OVERVIEW AND TAXATION OF CORPORATIONS

12. Business Entities Overview

13. Corporate Formations and Operations

14. Corporate Nonliquidating and Liquidating Distributions

PART V: TAXATION OF FLOW-THROUGH ENTITIES

15. Forming and Operating Partnerships

16. Dispositions of Partnership Interests and Partnership Distributions

17. S Corporations

The bold and innovative McGraw Hill Taxation series is now the most widely adopted code-based Tax title across the country. It's apparent why the clear, organized, and engaging delivery of content, paired with the most current and robust tax code updates, is used by more than 650 schools. The breadth of the topical coverage, the storyline approach to presenting the material, the emphasis on the tax and non-tax consequences of multiple parties involved in transactions, and the integration of financial and tax accounting topics make this book ideal for the modern tax curriculum. Hallmark features include a Story Line Approach providing students with the code in context; Integrated Examples providing "What If" scenarios; and more than 100 Guided Example hint videos providing walkthroughs of key tax topics, offering narrated, animated, step-by-step solutions to algorithmic variants for select exercises similar to those assigned.