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Technology Information:

Federal Income Tax Examples & Explanations

Description

<p> Using the proven technique of the <i><b>Examples & Explanations</b></i> series, this comprehensive guide combines textual material with well-written examples, explanations, and questions to test student comprehension of the materials and provide them with practice in applying information to fact patterns. Thorough in its coverage, <b>Examples & Explanations: Federal Income Tax, Fifth Edition</b>, makes use of case, statutory, and regulatory analysis to provide students with a complete understanding of Federal Income Tax Law. </p> <p> <b>Special attributes of this highly regarded paperback include: </b> </p> <ul> <li> <b>Compatibility with numerous casebooks</b> – students can use this guide to supplement any tax casebook </li> <li> <b>Clarity</b> – clear and straightforward writing and logical organization style help to demystify a difficult and intimidating subject </li> <li> <b>Lucid introductions</b> that prepare students for the concepts that follow </li> <li> <b>Numerous policy questions</b> are interspersed throughout text </li> <li> <b>Sample final examinations</b> – The Exam Appendix includes eight actual law school exams with suggested answers </li> </ul> <p> <b>With updated examples and explanations and added visual aids, the Fifth Edition offers:</b> </p> <ul> <li> <b>New material on IRC amendments </b>made by recent statutes, including the Small Business and Work Opportunity Tax Act of 2007, the Tax Relief and Health Care Act of 2006, the Pension Protection Act of 2006, the Tax Increase Prevention and Reconciliation Act of 2005, the Gulf Opportunity Zone Act of 2005, the Katrina Emergency Tax Relief Act of 2005, and the Energy Policy Act of 2005. </li> <li> <b>New material on recent income tax cases</b>, including Murphy, Lattera, and O’Donnabhain </li> <li> <b>Expanded coverage</b> of various topics, including the alternative minimum tax, cancellation of indebtedness income, and the tax consequences of gambling and on-line games </li> <li> <b>New material on policy topics</b>, including the federal budget outlook </li> </ul> <p> Give your students the extra explanations they need: <b>Examples & Explanations: Federal Income Tax, Fifth Edition</b>, provides an excellent supplement for any casebook and will help students understand and apply difficult concepts. </p> <p> </p> <p> </p> <p> </p> <p> </p>

Reviews

Rating: 5 / 5
Date: 2010-01-30
Summary: "This book got me an A."

I struggled all semester long with Tax I. I purchased Examples and Explanations because I'd had good experiences with other topics before. As soon as I started reading the E&E along with my class assignments (or in place of them), it all came together. It offers some concrete explanations and then provides questions with great factual variations. My exam was multiple choice, so the E&E material was perfect preparation. Seriously, how could ~$35 not be a great investment when it returns an A? Buy this book.

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Rating: 5 / 5
Date: 2008-12-13
Summary: "You won't be TAXED if you use this"

I thought Taxes would be daunting (it still is) but this E&E was superb. I literally did not buy the textbook (saved 140 bucks) read E&E before classes and was ready while some of my peers were dazed! When I had the misfortune of not preparing for class, I found the examples and explanations perfectly clear and was not far behind the pack. Mind you Taxes is not your typically law school course and requires a substantial amount of simple and mechanical number crunching. This E&E has many such examples. While I'm at it, I have to recommend EXAM PRO Federal Income Tax for Multiple Choice Exams ISBN 978-0-314-18069-8 (absolutely perfect examples and explanations again - 5 Stars).

For the record, I think that the E&E series is lacking overall, except for CivPro, Taxes, and maybe Torts (Glannon is my Professor). I found E&E Contracts and Property sub-par (2 stars).

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Rating: 5 / 5
Date: 2008-10-14
Summary: "A Practitioner's Perspective"

I bought an earlier edition while I was in law school. This book is very well organized and covers both the conceptual and practical perspectives of taxation extraordinarily well. The questions at the end of each section help to solidify your understanding of the concepts by varying the fact scenarios from question to question.

I've been in tax practice for ten years, and I purchase each updated edition for a review of the conceptual aspects of taxation and for a quick review of the tax treatment of transactions I haven't handled very often in practice.