Federal Income Taxation, 13th (Concepts and Insights Series)

Federal Income Taxation, 13th (Concepts and Insights Series)

This highly-acclaimed text explains the conceptual basis of federal income taxation. It is designed to help students quickly pull together the entire subject for end-of-semester review and provide perspective about where a topic fits within the federal income tax scheme. While focusing on the present income tax, the text provides an explanation of the often-discussed consumption tax and contrasts the two taxes in a note at the end of the volume. The new edition reflects legislative, judicial, and administrative developments since the twelfth edition (including the 2012 tax rate increases and the Supreme Court’s <i>Windsor</i> decision), and increases the number of end-of-chapter problems by almost 60%.