Principles of Taxation for Business and Investment Planning: 2025 Release ISE

PART ONE: EXPLORING THE TAX ENVIRONMENT 
  1 Taxes and Taxing Jurisdictions 
  2 Policy Standards for a Good Tax 

PART TWO: FUNDAMENTALS OF TAX PLANNING 
  3 Taxes as Transaction Costs 
  4 Maxims of Income Tax Planning 
  5 Tax Research   

PART THREE: THE MEASUREMENT OF TAXABLE INCOME 
  6 Taxable Income from Business Operations 
  7 Property Acquisitions and Cost Recovery Deductions 
     Appendix 7–A: Midquarter Convention Tables 
  8 Property Dispositions 
  9 Nontaxable Exchanges 

PART FOUR: THE TAXATION OF BUSINESS INCOME 
 10 Sole Proprietorships, Partnerships, LLCs, and S Corporations 
      Appendix 10–A: Calculating the QBI Deduction When Taxable Income Is in the Phase-in Range 
 11 The Corporate Taxpayer 
      Appendix 11–A: Schedule M-3 for Reconciling Book and Taxable Income 
 12 The Choice of Business Entity 
 13 Jurisdictional Issues in Business Taxation 

PART FIVE: THE INDIVIDUAL TAXPAYER 
 14 The Individual Tax Formula 
 15 Compensation and Retirement Planning 
 16 Investment and Personal Financial Planning 
      Appendix 16–A: Comprehensive Schedule D Problem 
 17 Tax Consequences of Personal Activities 
      Appendix 17–A: Social Security Worksheet (Adapted from IRS Publication 915) 

PART SIX: THE TAX COMPLIANCE PROCESS 
 18 The Tax Compliance Process 
 Appendix A: Present Value of $1 
 Appendix B: Present Value of Annuity of $1
 Appendix C: 2023 Income Tax Rates 

FULLY UPDATED FOR CURRENT TAX LAWS? 
 
Principles of Taxation for Business and Investment Planning focuses on the role taxes play in business and investment decisions, presenting the general roles of taxation and discussing its implications for all tax-paying entities before delving into a specific exception. The benefit of this approach is a strong grasp of the fundamental principles informing taxation rules: students comprehend the framework of the tax system, making future changes to the tax code easier to understand-no matter how many there are.? 
 
Unlike traditional introductory titles, Principles of Taxation for Business and Investment Planning downplays the technical detail that makes the study of Taxation convoluted and off-putting for business students. This title shows students that an understanding of Taxation is not only relevant, but critical to their success in the business world. Don't just teach your students the tax code; teach them how the tax code affects business decision making!