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The Fundamentals of Federal Taxation: Problems and Materials
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Subscribers receive the product(s) listed on the Order Form and any Updates made available during the annual subscription period. Shipping and handling fees are not included in the annual price.
Subscribers are advised of the number of Updates that were made to the particular publication the prior year. The number of Updates may vary due to developments in the law and other publishing issues, but subscribers may use this as a rough estimate of future shipments. Subscribers may call Customer Support at 800-833-9844 for additional information.
Subscribers may cancel this subscription by: calling Customer Support at 800-833-9844; emailing customer.support@lexisnexis.com; or returning the invoice marked 'CANCEL'.
If subscribers cancel within 30 days after the product is ordered or received and return the product at their expense, then they will receive a full credit of the price for the annual subscription.
If subscribers cancel between 31 and 60 days after the invoice date and return the product at their expense, then they will receive a 5/6th credit of the price for the annual subscription. No credit will be given for cancellations more than 60 days after the invoice date. To receive any credit, subscriber must return all product(s) shipped during the year at their expense within the applicable cancellation period listed above.
Product description
This latest edition of Miller and Maine’s The Fundamentals of Federal Taxation is a problem-based, transaction-oriented treatment of the basics of federal taxation. It features a balanced approach toward tax planning and tax policy and is structured for easy accessibility through the use of forty-one chapters, each of which can readily be covered in one, or occasionally two, class sessions. This edition incorporates developments in the law through January of 2018, including the far-reaching Tax Cuts and Jobs Act. Key developments since the fourth edition include changes to the ordinary income rate structure, depreciation and capitalization, itemized deductions, personal exemptions, alimony, the child tax credit, and casualty losses. This edition also further engages students by noting how tax law intersects with diverse and hot topics such as the sharing economy, the legalized marijuana industry, Silicon Valley job perks, wrongful incarceration, virtual currency, and human egg donation.
The first half of the book provides students with an understanding of the overall structure of the federal income tax. This part culminates in two major review problems that assist students in integrating the knowledge gained. Thereafter, the book covers various major topics of taxation—including real estate taxation, intellectual property taxation, family taxation, the tax consequences of litigation, and deferred compensation—with an emphasis on tax planning. It is designed to give students an appreciation for how the law of taxation connects with everyday events of American life.
The Fundamentals of Federal Taxation is a cogent, straightforward treatment of a complex subject. The topics, the selection of cases, and the design of the problems are all calculated to make tax law fun and thought-provoking.
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