Foothill CollegeApproved Course Outlines

Business and Social Sciences Division
3 hours lecture.3 Units

Total Quarter Learning Hours: 36 (Total of All Lecture, Lecture/Lab, and Lab hours X 12)
 Lecture Hours: 3 Lab Hours: Lecture/Lab:
 Note: If Lab hours are specified, see item 10. Lab Content below.

Repeatability -
Statement: Not Repeatable.

Status -
 Course Status: ActiveGrading: Letter Grade with P/NP option
 Degree Status: ApplicableCredit Status: Credit
 Degree or Certificate Requirement: AA Degree
 GE Status: Non-GE

Articulation Office Information -
 Transferability: CSUValidation: 12/13/10; 2/9/12

1. Description -
Current federal income tax administration and procedures and review of Enrolled Agent Exam.
Prerequisite: ACTG 67.
Co-requisite: None
Advisory: Eligibility for MATH 220 and ESLL 26.

2. Course Objectives -
The student will be able to:
  1. Follow Federal Income Tax Administration Rules and Procedures to file timely, accurate and complete tax returns.
  2. Prepare and sit for the Enrolled Agent Exam.
3. Special Facilities and/or Equipment -
Access to spreadsheet, word-processing, presentation, internet browser program (java-enabled), and reliable access to the internet required (when taught on the internet).

4. Course Content (Body of knowledge) -
  1. Recordkeeping Requirements
  2. Rules for Tax Returns Preparers
  3. Electronic Filing
  4. Powers of Attorney and Disclosure
  5. Tax Return Examinations and Appeals
  6. Tax Law and Authority
  7. Collection
  8. Provisions Circular 230
  9. Individual Retirement Arrangements
  10. Retirement Plans
  11. Exempt Organizations
  12. Review of Enrolled Agent Exam
5. Repeatability - Moved to header area.
6. Methods of Evaluation -
  1. Examinations
  2. Quizzes
  3. Projects
  4. Tax return preparation
7. Representative Text(s) -
Willis, Eugene, William Hoffman, and David Maloney. West??s Federal Taxation 2012. Mason, Ohio: South-Western, 2012.

8. Disciplines -
9. Method of Instruction -
Lecture, in class or electronic discussions, group work, case studies.
10. Lab Content -
Not applicable.
11. Honors Description - No longer used. Integrated into main description section.
12. Types and/or Examples of Required Reading, Writing and Outside of Class Assignments -
  1. Reading IRS Tax Publications and Form Instructions at
  2. Reading California Publications and Form Instructions at
  3. Reading the latest Federal Tax updates at the IRS website
  4. Reading the latest California Tax updates at the CA FTB website
  5. Reading Internal Revenue Tax Code and Regulations
  6. Reading of Wall Street Journal, Business Week, and Fortune
13. Need/Justification -
This course is a restricted support course for the AA degree in Accounting.

Course status: Active
Last updated: 2013-06-25 15:51:32

Foothill CollegeApproved Course Outlines