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School of Management The University of Texas at Dallas

The Accounting and Information Management Programs Course: Instructor: Semester:
Corporate Taxation- AIM-6352-0G1 Charles Solcher, JD, CPA Fall 2005

| Course Information | Technical Requirements | Course Access | Communications | | Student Assessment | Scholastic Dishonesty | Course Evaluation | Course Schedule |

Course Information
Instructor Information Instructor
Charles Solcher, JD, CPA Senior Lecturer in Accounting and Information Management Telephone: 972-883-6347 (Office), 972-713-8828 (Home) Office: SOM 4.810 E-mail: Use of WebCT Email and Discussion Features E-mail: Please use WebCT to communicate with the instructor or TA. This is a closed system and only the person to whom the message is address is allowed access. Discussion: This feature can be used to post messages to other members of the class. This is an open system and all class members can access posting on the Discussion Board. The Instructor and the TA do not normally response to these messages. Personal messages should be sent by email and not posted on the Discussion Board.

Web site: Office Hours: By Appointment TA: E-Mail:
Jaya Dash-Tripathy

Course Objectives
To Use Critical Thinking To understand and apply income tax concepts that influence decisions of corporate managers. The course will concentrate on tax effects in the following areas: 1. Creation of Corporations 2. Corporate Distributions 3. Corporate Reorganizations 4. Tax Practice and dealing with the IRS

To determine how distributions affect the tax liabilities of both the shareholders and the corporate entity. To apply concepts to determine the best course of action for both the shareholders and the corporate entity. To Understand the Ethical Considerations in Tax Practice To appreciate the requirements and concepts contained in the Statement on Responsibilities in Tax Practice. To understand the ethical issues that confront both individual taxpayers and tax practitioners on a day-to-day basis. To Enhance Communication Skills To improve communication skills, students will 1. 2. Prepare two Federal Corporate income tax returns and Prepare a research paper on a corporate tax issue. To Enhance Understanding and Use of Technology By requiring the use of an on-line tax research system in the preparation of a research paper.

Course Prerequisite
AIM 6351 or equivalent

Course Approach
The course will rely heavily on lectures, PowerPoint presentations, textbook assignments and chapter quizzes.

Course Preparation and Participation
Each student must accept the responsibility for course preparation. Thus, for each session, every student must study the assigned chapters, listen to the lectures and view the points presentations. In addition, each chapter will be followed by a graded quiz.

Online Tests/Quizzes
You can access quizzes by clicking the Online Quizzes icon and then clicking the available quiz title links. Each quiz is timed and can only be accessed once within the scheduled time window. Please read the on-screen instructions carefully before you click the Begin Quiz button. After each quiz is graded and released for reviewing, you may go back to the quizzes page and click the “Completed” link under status column of the quiz to review your quiz results and any feedbacks from the instructor.

Professional Linkages

Corporate taxation is an important area for all accounting firms, including large international, regional and local firms. It continues to be a way of developing key relationships with executives.

Course Materials
West Federal Taxation – Corporations, Partnership, Estate and Trusts, 2006 Edition, by Hoffman, Smith and Willis, Thomson-Southwestern Publishing. Textbooks and other bookstore materials can be ordered online through MBS Direct Virtual Bookstore: They are also available in UTD Bookstore and OffCampus Books. Back to Top

Technical Requirements
In addition to a comfortable level of computer and Internet literacy, certain minimum technical requirements must be met to enable a successful learning experience. Technical requirements include but not limited to: Hardware • A Pentium processor or equivalent Mac system; Windows 98/Me/2000/XP or Mac OS 9.x or OS X 10.1. • Internet access with modem or preferably with other faster connections. • 32 MB system Ram; 200 MB free disk space or sufficient storage • Sound card • CD-ROM capabilities Software • Netscape Navigator 4.7x or higher (but 4.78, 4.79 and 6.0-6.1 not supported), or Internet Explorer 5.0 to 6.0 (but 5.5 SP1 not supported). • MS Office 97/98 is the minimum standard. (Microsoft software is available at a nominal cost from UTD Microsoft Program. For more information, visit Global MBA Online Student Service web page at: • Virus detection/protection software such as McAfee • “Plug-ins” tools such as current version of RealPlayer/RealOne Player (available at: and Adobe Acrobat Reader (available at: • A zip file expansion tool such as WinZip or Stuffit Expander (available at: Web Browser Configuration To view WebCT courses you need one of the WebCT supported browsers listed above with JavaScript enabled and cookie enabled. It is also important that you set the cache settings of your browser to verify web documents “Every Time”. The methods for configuring these settings vary among browsers. Please follow this web link provided by WebCT to tune-up your browser:

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Course Access and Navigation
This course is developed using a web course tool called WebCT. It is to be delivered entirely online. You will be notified by email about the course access information at the start of the course. You’ll need to have a UTD NetID and password (your UTD Unix/Email ID and password) to access the course. If you have not used a UTD NetID account yet, you can go to to initiate your account shortly before or at the start of the semester. Your UTD NetID is your WebCT ID to be used to log on to the UTD WebCT courses. For more information, please check out this NetID FAQs page. The URL for the course login page is: You can login to the course whenever you want. You are required to meet all deadlines for the assignments and exams and also any schedules for class activities or tasks the course requires. You should login to the course site regularly to check course updates, discussion board messages, etc. You’ll access “My WebCT” page after you login. The page listed all the courses you’ve registered. You can click the course title to access the course Home page which displays several icon links. Clicking each icon link will take you to different subsidiary pages containing the course content elements or built-in course tools. Some navigation components such as the Navigation Bar with Course Menu on the left side, the Menu Bar and the path link on the top and the Action Menu on the content page can help you navigate within the course site. To get started with a WebCT course, please see Getting started: Student WebCT Orientation. For more information about WebCT tool usage, please see the WebCT’s Student Help Index. Within the course site, you can always click HELP on the WebCT Menu Bar to find information and answers. You can also check out the Orientation Center to Online Learning and WebCTprovided on WebCT’s web site. For more WebCT information and its learning resources, visit If you have any problem with your UTD account or connection to the UTD WebCT server, you may email to: or call UTD computer help call center at: 972-883-2911. If you encounter any technical difficulties with the course, you can send an email to Back to Top

WebCT built-in communication tools: There are four built-in communication tools to facilitate learning, communication and collaboration. A course conferencing system, the Discussion, allows the communications among all course participants. Discussion topics or groups can be set up for topic discussions and homework assignments. You can use course Mail tool to communicate privately with instructor and classmates. The Chat tool can be used for real time communication among course participates. Finally there is a Whiteboard tool also allows real-time interaction among course participants using a graphical interface. Instructor may schedule times to use the Chat and/or Whiteboard tools for office hours and class discussion sessions. Back to Top

Student Assessment

Grading System Maximum Points Two Tests Quizzes Research Paper Preparation of Tax Return Final Examination Total Points 200 90 50 60 150 550

Tests: Each test will consist of four problems. There are sample tests and solutions posted on WebCT. Quizzes: There are 9 quizzes. Quizzes are due at the end of each chapter and will be graded out of 10. Research Paper: Students are encouraged to develop corporate topics that are of interest to them. For those students who do not have a topic, a list of suggested topics is posted on WebCT. Students must submit the topic selected for approval by September 6, 2005. The paper is due no later than November 6, 2005. Requirements for Research Paper: State the relevant facts. Cite the following items that apply to your solution or the recommended course of action: a. Code Sections b. Treasury Regulations c. IRS Revenue Rulings d. Court Cases e. Letter Rulings UTD has available for students use the RIA or CCH on-line tax service. The use of this system or a comparable computerized system is required. Discussion of code sections, regulations, revenue rulings, court cases and letter rulings that apply. State a conclusion or recommended course of action. The paper should be about 8 pages in length; typed and double-spaced. The paper is due on November 6, 2005. The paper will be grade on: a. Professionalism b. Logical format c. Clarity.

1. 2.

3. 4. 5. 6. 7. 8.

Tax Returns: Information concerning the tax returns will be posted on October 4, 2005. It is suggested that the tax returns be prepared using professional tax preparation software. RIA’s InSource software is available for this project. Information concerning this software is posted on WebCT. The returns are due no later than October 23, 2005 Final Examination: The final examination is comprehensive.

Translation of the total point score into a letter grade will be based on the instructor’s judgment. The letter grade will reflect each student's performance relative to the course and standards expected of graduate students at the University of Texas at Dallas. Proctored Final Exam Information This course requires a proctored final examination. An on-campus class exam session is scheduled on (November 23, 2005 5:300PM) under the supervision of the instructor. The exam will be given on the UTD Campus in room SOM 2.217. This is an open book/note final. Students who are not able to attend this exam session with instructor can arrange an individually proctored exam with a testing service of their choice at any date within this required exam time window: (November 15, 2005 to November 22, 2005). For local students, testing service is available at UTD Learning Resources Center. Students who find UTD geographically inconvenient may use a testing service at a convenient location to have the exam proctored. All individually arranged proctored exams must be completed within the required exam time window. Student who will use either UTD testing service at Learning Resources Center or an outside testing service, please inform the instructor and the Global MBA Online office ( and complete a proctored exam form and send back to GMBA Office before (October 31, 2005). For more information on arranging a proctored exam, the detailed procedures and a downloadable exam form, please go to the Proctored Exam Information page at All completed exams must be received by (November 22, 2005). Important, Time - Sensitive Requirement Study teams may be formed immediately at the start of the course and posted on the Discussion Board. To facilitate the process, the following information, formatted as shown below, must be sent to the instructor immediately upon logging-in to the course through the course internal e-mail: 1. 2. 3. 4. 5. Last Name; First Name; UTD Degree Program and Expected Graduation Semester Day- time Telephone Number and FAX Number; Day and Evening Email Addresses Collegiate Degrees Earned; Years Earned; Name(s) of the Granting Institution(s) Number of Earned Collegiate Semester Hours of Accounting; Where Earned (Institution) Name of Current Employer; Your Position or Title; Months with Employer A Short Statement of Your Career Objectives and How You Expect This Course to Help


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Scholastic Dishonesty
The university has policies and discipline procedures regarding scholastic dishonesty. Detailed information is available on Scholastic Dishonesty web page. All students are expected to maintain a high level of responsibility with respect to academic honesty. Students who violate university rules on scholastic dishonesty are subject to disciplinary penalties, including the possibility of failure in the course and/or dismissal from the university. Since such dishonesty harms the individual, all students and the integrity of the university, policies on scholastic dishonesty will be strictly enforced.

Course Evaluation
As required by UTD academic regulations, every student needs to complete an evaluation for each enrolled course at the end of the semester. An online instructional assessment form will be made available for your confidential use. Please look for the course evaluation link on the course Homepage during the last two weeks of the semester. Your feedback and comments are greatly appreciated.

Course Schedule
Date Week #1 8/22-28 Week #2 8/29-9/4 Week #3 9/5-9/11 Week #4 9/12-9/18 Week #5 9/19-9/25 Week #6 9/26 – 10/2 Week #7 10/3-10/9 Topic Chapter 1 Chapter 2 Chapter 2 Chapter 3 Chapter 3 Test One Test One (Chapters 1-3) will be posted on 9/26/05 Test One due on 10/2/05 Code Sections:316(a),301(c),301(a),317(a), 301(b),301(d),305 Questions and Problems –3,5,6,9,12,13,17,29,31,32,34,,39,43,44 and 45 Tax return data will be posted on 10/4/05 Code Sections: 318(a),317(b),302(a),302(b)(1),302(b)(2), 302(b)(3),302(c),302(b)(4),302(e),1014(a),303,311(a) and (b) 312(n)(7),305,306,304,331,267(a),334(a),336(a),336(b),336(d), 336(d)(2)(B)(ii),331,334(a),332,337,334(b) and 338 Code Sections: 531,532,537,535,542 and 543 Tax returns due on 10/23/05 Test Two (Chapter 4, 5, 6) will be posted on 10/24/05 Test Two due is 10/30/05 Code Section: 354,355,356,357,358,361,362,368 Research paper is due 11/6/05 Code Sections: 1501,1502,1503 and1504 Code Sections: 7491,6212,6861,6213,6621,6601,6651,6662, 6501(a) and (b) Comprehensive Final (Proctored on UTD Campus) The time of the examination is 5:30 P.M. until 7:15 P.M. The exam will be given on the UTD Campus in room SOM 2.717. This is an open book/note final. Codes Sections Covered, Assignments and Test Dates List of suggested research topics posted Code Sections: 448, 248, 11, 1561(a), 1563(a(1), 1563(a)(2), 6012 nad 6072. Reg. 1.1563-1(c)(2) Selected topic for the research paper submitted for approval by 9/6/2005 Code Sections: 351(a), 351(b),351(d) 368(c),357(a), 357(b), 357(c), 358 and 385(a)

Chapter 4

Week #8 10/10-10/16

Chapter 5

Week #9 1017-10/23 Week #10 10/24-10/30 Week #11 10/31 – 11/6 Week #12 11/7-11/13 Week #13 11/14-11/20 Week #14 11/23/2005

Chapter 6 Test Two Chapter 7 Chapter 8 Chapter 16 Final

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