West Federal Taxation 2001 Edition: An Introduction to Business Entities

Issue identification questions are now highlighted throughout the book. Represented by a light bulb icon, these discussion questions require readers to identify the tax issue at hand and are designed to enhance critical-thinking abilities. The WFT volumes provide more Issue Identification questions than any other comparable tax book. Volume IV is in complete compliance with the recommendations of the AICPA model tax curriculum. The provided true-to-life research questions, identified by the RIA logo, can all be completed using the RIA OnPoint System 4, an abbreviated version of the acclaimed computerized tax database.

Dr. James E. Smith is the John S. Quinn Professor of Accounting at the College of William and Mary. He has been a member of the accounting faculty for more than 30 years. He received his Ph.D. from the University of Arizona. Dr. Smith has served as a discussion leader for Continuing Professional Education programs for the American Institute of Certified Public Accountants (AICPA), Federal Tax Workshops, and various state CPA societies. He has conducted programs in more than 40 states for approximately 25,000 CPAs. Dr. Smith has received the AICPA's Outstanding Discussion Leader Award and the American Taxation Association/Arthur Andersen Teaching Innovation Award. Other awards include the Virginia Society of CPAs' Outstanding Accounting Educator Award and the James Madison University's Outstanding Accounting Educator Award. He was the president of the Administrators of Accounting Programs Group (AAPG) in 1991-1992. Dr. Smith also served as faculty adviser for the William and Mary teams that received first place in the Andersen Tax Challenge for five years and placed first in the Deloitte Tax Case Study Competition for five years.

William A. Raabe, Ph.D., CPA, is the Distinguished Professor of Accounting in the College of Business and Economics of the University of Wisconsin - Whitewater. A graduate of Carroll University (Wisconsin) and the University of Illinois, Dr. Raabe's teaching and research interests include international and multistate taxation, technology in tax education, personal financial planning, and the economic impact of sports teams and fine arts groups. Professor Raabe also writes Federal Tax Research and the PricewaterhouseCoopers Tax Case Studies. He has written extensively about book-tax differences in financial reporting. Dr. Raabe has been a visiting tax faculty member for a number of public accounting firms, bar associations, and CPA societies. He has received numerous teaching awards, including the Accounting Educator of the Year award from the Wisconsin Institute of CPAs. He has been the faculty adviser for student teams in the Deloitte Tax Case Competition (national finalists at three different schools) and the PricewaterhouseCoopers Extreme Tax policy competition (national finalist). For more information about Dr. Raabe, visit BillRaabeTax.com and BillRaabeTax on YouTube and Twitter.

David Maloney completed his graduate work at the University of Illinois at Urbana-Champaign. He currently teaches courses in Federal taxation in the graduate and undergraduate programs at the University of Virginia's McIntire School of Commerce. Since joining the Virginia faculty in January 1984, David has been a recipient of major research grants from the Ernst & Young and Peat Marwick foundations. In addition he has his work published in numerous scholarly and professional journals, including The Tax Adviser, Tax Notes, The Journal of Corporate Taxation, Accounting Horizons, and The Journal of Accountancy. David is a member of several professional organizations, including the AICPA, the American Accounting Association, and the American Taxation Association.