Lewis & ClarkLaw School

Summer Session

Income Tax I 126-S1

Income Tax I 126-S1
Professor Larry Brown
3 credits
Class meets Tuesday May 29 - July 2
7:30pm - 9:30pm in Room 5
Exam unscheduled June 29 and/or July 2

An introductory course in federal income taxation with primary focus on  the principles and policies of the Internal Revenue Code regarding taxation of individuals. Major topics include definition of income, deductions and credits, problems of timing, gains and losses from property transactions, assignment of income, capital gain and loss, and tax accounting. Emphasis is placed on the use of the Code and Treasury Regulations, along with selected cases and other materials.