Federal Income Taxation : Examples and Explanations

Using the proven technique of the Examples & Explanations 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, Examples & Explanations: Federal Income Tax, Fifth Edition, makes use of case, statutory, and regulatory analysis to provide students with a complete understanding of Federal Income Tax Law.

Special attributes of this highly regarded paperback include:

• Compatibility with numerous casebooks – students can use this guide to supplement any tax casebook
• Clarity – clear and straightforward writing and logical organization style help to demystify a difficult and intimidating subject
• Lucid introductions that prepare students for the concepts that follow
• Numerous policy questions are interspersed throughout text
• Sample final examinations – The Exam Appendix includes eight actual law school exams with suggested answers

With updated examples and explanations and added visual aids, the Fifth Edition offers:

• New material on IRC amendments 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.
• New material on recent income tax cases, including Murphy, Lattera, and O’Donnabhain
• Expanded coverage of various topics, including the alternative minimum tax, cancellation of indebtedness income, and the tax consequences of gambling and on-line games
• New material on policy topics, including the federal budget outlook

Give your students the extra explanations they need: Examples & Explanations: Federal Income Tax, Fifth Edition, provides an excellent supplement for any casebook and will help students understand and apply difficult concepts.