Advanced Tax Seminar

Course Description - Bogdanski*

Limit: 14 Students

An examination of valuation of property for federal tax purposes. Potential topics include: procedural aspects of valuation issues; the general definition of fair market value; methods of determining fair market value; discounts and premiums; valuation effects of transfer restrictions, taxes and other encumbrances; valuation of businesses; valuation of investments; valuation of real estate; consequences of inability to determine fair market value; and special provisions relating to valuation of property for federal gift and estate tax purposes. A paper and an oral presentation are required of each participant. Students are also required to complete successfully, at the end of the semester, a take-home "quiz," which is graded on a pass-fail basis, on basic information discussed in class.

Prerequisite: Income Taxation I

Meets A Writing Requirement.

*Typically offered every other year

Course Description - Brown*

A study of selected advanced tax topics. Some emphasis on tax planning in the business and real property context. The second half of the course consists of presentation of student papers. No exam. Paper required.

Meets A Writing Requirement.

*Typically offered every other year