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Taxes and Decision Making

How do you reduce a company or individual's taxes while complying with tax laws? Designed for accounting students, this course focuses on understanding the legal, conceptual, and integrative aspects of U.S. federal income taxation.

Taxes and Decision Making

Choose your session:

After a course session ends, it will be archived.
Starts Aug 23
Ends Nov 11
Starts Feb 21, 2022
Ends May 13, 2022
Estimated 12 weeks
8–12 hours per week
Instructor-paced
Instructor-led on a course schedule
Free
Optional upgrade available

About this course

Skip About this course

Build your accounting foundation with this course on U.S. federal income taxation. You’ll learn about the taxation of both businesses and individuals. In addition to income tax laws, you’ll discover how to reduce the present value of income taxes.

Topics will include tax planning strategies, qualified business income deduction, tax compliance, and more.

Verified Learners will need to purchase a textbook in order to successfully complete the course. See the FAQ for details.

At a glance

  • Institution: IUx
  • Subject: Business & Management
  • Level: Advanced
  • Prerequisites:

    This course is intended for those who have junior or senior standing at a college or university, or have already attained at least a bachelor's degree.

  • Language: English
  • Video Transcript: English
  • Associated programs:

What you'll learn

Skip What you'll learn
  • How to properly apply federal income tax laws to income taxpayers--both individuals and businesses
  • How to use basic finance tools to help individual taxpayers and businesses make decisions that maximize their after-tax wealth or earnings
  • How to differentiate federal income tax laws from financial accounting standards

About the instructors

Frequently Asked Questions

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Does this course require a textbook?
Yes, if you are Verified Learner, a textbook is required. If you choose to verify, you will also need to purchase a copy of Jones, Sally (2022). Principles of Taxation for Business and Investment Planning (25th edition). McGraw-Hill Higher Education. This e-textbook typically costs around $55 to rent and $90 to purchase permanently (prices current as of June 2021). You do NOT need to purchase access to Connect, the textbook's online homework manager. But you do need to purchase access to the E-textbook, and it must be the 25e/2022 edition.

Who can take this course?

Unfortunately, learners residing in one or more of the following countries or regions will not be able to register for this course: Iran, Cuba and the Crimea region of Ukraine. While edX has sought licenses from the U.S. Office of Foreign Assets Control (OFAC) to offer our courses to learners in these countries and regions, the licenses we have received are not broad enough to allow us to offer this course in all locations. edX truly regrets that U.S. sanctions prevent us from offering all of our courses to everyone, no matter where they live.

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