Table of Contents

Part I. Exploring the Tax Environment

Ch. 1 Types of Taxes and the Jurisdictions That Use Them
Ch. 2 Tax Policy Issues: Standards for a Good Tax

Part 2. Fundamentals of Tax Planning

Ch. 3 Taxes as Transaction Costs
Ch. 4 The Basic Maxims of Income Tax Planning

Part 3. The Measurement of Taxable Income

Ch. 5 Taxable Income From Business Operations
Ch. 6 Property Acquisitions and Cost Recovery Deductions
Ch. 7 Property Dispositions
Ch. 8 Nontaxable Exchanges

Part 4. The Taxation of Business Income

Ch. 9 Sole Proprietorships, Partnerships, and S Corporations
Ch. 10 The Corporate Taxpayer
Ch. 11 The Choice of Business Entity
Ch. 12 Jurisdictional Issues in Business Taxation

Part 5. The Individual Taxpayer

Ch. 13 The Individual Tax Formula
Ch. 14 Compensation and Retirement Planning
Ch. 15 Investment and Personal Financial Planning
Ch. 16 Tax Consequences of Personal Activities

Part 6. The Tax Compliance Process

Ch. 17 The Tax Compliance Process

Appendix A. Present Value of $1
Appendix B. Present Value of Annuity of $1
Appendix C. Tax Research