Taxation II - Business Entities
 | Books - Textbook requirements for this course |
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Calendar - Estimated quarter progress |
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Class Competencies - Link to class competencies. |
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Class Description - Link to brief class description |
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Grading - Grading scale and weight |
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Syllabus - Course syllabus detail |
Syllabus
- Taxation II -
Business
Entities - ACC 275
(5 cr)
Quarter:
Winter 2010
Instructor:
Curt Holman
Class Schedule: Arranged – see Curt, Room H311
Telephone: 425-235-7870
E-mail:
cholman@rtc.edu
, jnewcome@rtc.edu
Web Page:
http://www.rtcmoodle.org/
Office
Hours: Holman, Room
H309A (7:30A-8:00A; 2:30P-3:00P), Newcome, Room H307A (7:30A-8:00A;
2:30P-3:00P)
Text: Advanced Tax, 5th Edition, RTC Bookstore
Other Materials:
Storage Device, Report Folder
OBJECTIVE:
This is an intermediate
course in income taxation of corporations, Partnerships and S-Corporations.
We sill also cover fundamental concepts in Federal Payroll Taxes and
Washington State Business and Occupation tax.
Successful completion of a course in fundamental income taxation of
individuals and an intermediate financial accounting course which covers
payroll accounting and accounting for corporations and partnerships is
required.
MAKEUP
POLICY:
No late homework, quizzes, or problems will be graded. Late exam grades will
be reduced by a minimum of 10%
MISSING TIME: Some time can be made up for Financial Aid attendance purposes (see instructor)
TIMELINESS: Being on time is important on the job and in this class. Not only is tardiness disruptive to the classroom, the skills and habits you develop now will directly affect your future employability. The two most commonly asked questions by potential employer’s concern attendance and attitude!
DISABILITY: If you are a student that has a mental or physical disability that substantially limits your ability to learn, it is recommended that you contact the Special Populations counselor in Student Services, Bldg I Room 225. The information acquired during a visit with the Special Populations Counselor is confidential and could be used to help you succeed in your program. Renton Technical College is very interest in your success.
OTHER:
Food or drink
– not allowed per campus policy
Cell phones and beepers – turn off please
Smoking – Prohibited in all buildings and within 25 feet of entrances
and walkways.
CODE
OF CONDUCT
As much as possible, you will be treated as though you are an
employee; therefore, our expectations are that you conduct yourself in a
professional manner. Unprofessional, inappropriate and disruptive behavior
will not be allowed.
| Talking during
presentations |
| Tardiness |
| Head down on desk |
| Feet up on tables |
| Sleeping |
| Working on non-class
assignments |
| E-mailing, Text
messaging |
| Surfing the Internet |
| Not being attentive |
| Inappropriate dress |
| Threatening, insulting
or belittling others |
| Intolerance or
disrespect of other cultures or views |
| Food and drink in classroom or labs |
CONSEQUENCES
OF DISRUPTIVE BEHAVIOR:
Consequences* of disruptive behavior can be, but is not limited to:
| Verbal Warning |
| Removal from Classroom |
| Written Warning |
| Probation |
| Expulsion |
* refer to student handbook
1. Complete a Combined Excise Tax return for the State of Washington.
2. Complete a Federal Unemployment Tax return (Form 940).
3. Complete a State of Washington Unemployment Tax return.
4. Complete a Quarterly Federal Tax return (Form 941).
5. Complete a State of Washington Quarterly Workers Compensation report.
6. Complete MACRS worksheet
7. Calculate capital gains
Grading Standards |
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Description |
Percent of Grade |
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Exams |
90% |
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All other homework, quizzes & assignments (see note below) |
10% |
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Grades |
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Letter |
Percentage |
Decimal |
Letter |
Percentage |
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4.0 |
A |
98.0% and over |
1.9 |
C- |
73.0% but less than 74.0% |
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3.9 |
A |
94.0% but less than 98.0% |
1.8 |
C- |
72.0% but less than 73.0% |
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3.8 |
A- |
93.0% but less than 94.0% |
1.7 |
C- |
71.0% but less than 72.0% |
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3.7 |
A- |
92.0% but less than 93.0% |
1.6 |
C- |
70.5% but less than 71.0% |
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3.6 |
A- |
91.0% but less than 92.0% |
1.5 |
C- |
70.0% but less than 70.5% |
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3.5 |
A- |
90.0% but less than 91.0% |
1.4 |
D+ |
69.0% but less than 70.0% |
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|
3.4 |
B+ |
89.0% but less than 90.0% |
1.3 |
D+ |
68.0% but less than 69.0% |
|||
|
|
3.3 |
B+ |
88.0% but less than 89.0% |
1.2 |
D+ |
67.0% but less than 68.0% |
|||
|
|
3.2 |
B+ |
87.0% but less than 88.0% |
1.1 |
D |
65.0% but less than 67.0% |
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|
3.1 |
B |
86.0% but less than 87.0% |
1.0 |
D |
64.0% but less than 65.0% |
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|
3.0 |
B |
85.0% but less than 86.0% |
0.9 |
D- |
62.0% but less than 64.0% |
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2.9 |
B |
84.0% but less than 85.0% |
0.8 |
D- |
61.0% but less than 62.0% |
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2.8 |
B- |
83.0% but less than 84.0% |
0.7 |
D- |
60.0% but less than 61.0% |
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2.7 |
B- |
82.0% but less than 83.0% |
0.6 |
F |
59.0% but less than 60.0% |
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2.6 |
B- |
81.0% but less than 82.0% |
0.5 |
F |
58.0% but less than 59.0% |
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2.5 |
B- |
80.0% but less than 81.0% |
0.4 |
F |
57.0% but less than 58.0% |
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2.4 |
C+ |
79.0% but less than 80.0% |
0.3 |
F |
56.0% but less than 57.0% |
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2.3 |
C+ |
78.0% but less than 79.0% |
0.2 |
F |
55.0% but less than 56.0% |
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2.2 |
C+ |
77.0% but less than 78.0% |
0.1 |
F |
54.0% but less than 55.0% |
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2.1 |
C |
75.0% but less than 77.0% |
0.0 |
F |
Less than 54.0% |
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2.0 |
C |
74.0% but less than 75.0% |
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NOTE: 100% of online lessons MUST BE SUCCESSFULLY completed to pass this course! |
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Academic Honesty Homework – Although you are encouraged to work with other students to complete assignments, all work is to be yours. Copying files from another student will be considered “cheating” and will result in a “no grade”. |
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This course is “web-enhanced”.
· Your lessons and assignments will be on Moodle. Although you can work at your own pace to some extent, you must complete the assignments by the assigned due dates (Moodle always displays this). We will meet briefly each week to discuss progress.
The following calendar is a very general "guide" and may be changed at any time.
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Week |
Chapters |
Topic |
Assignments |
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1-3 |
handout |
Washington B&O Tax, Retail & Use Tax, Property Taxes, |
See Moodle |
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4-6 |
handout |
Workers Comp, FUTA, SUTA, Form 940, FICA/FICA/FIT, Form 941 |
See Moodle |
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Exam & Exam Preview |
Classroom or Moodle |
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7-8 |
7 |
Accounting Periods, Methods, Depreciation – MACRS |
See Moodle |
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9-10 |
8 |
Capital Gains and Losses |
See Moodle |
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11 |
10 |
Partnership Taxation |
See Moodle |
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12 |
11 |
The Corporate Income Tax |
See Moodle |