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Article
Understanding Individual Tax Compliance: Advanced Deductions And Related Issues
Journal of Business Case Studies
  • Kevin E. Flynn, West Chester University of Pennsylvania
  • Phyllis Belak, West Chester University of Pennsylvania
  • Glenn S. Soltis, West Chester University of Pennsylvania
Document Type
Article
Publication Date
1-1-2014
Disciplines
Abstract
We present a realistic, complex, flexible, classroom-friendly tax case study that is designed to be a late semester comprehensive assignment in a student’s federal income tax education. The assignment could be used as a template when teaching students how to prepare a federal individual income tax return using the actual forms and schedules prepared by the Internal Revenue Service (IRS). This case is relevant for two reasons: 1) it is contemporary in that it consists of the most recent tax year (2013), and 2) it is highly useful as it comprehensively examines concepts typically covered in the later chapters of a tax text − most itemized deductions, purchase and sale of a residence, casualty and theft loss, moving expenses, employee business expenses, education tax credits, and investment property − while only reviewing information found in earlier chapters. In addition, the case is flexible so that it can be used in future years with only slight modifications for tax law changes.
Publisher
The Clute Institute
Citation Information
Kevin E. Flynn, Phyllis Belak and Glenn S. Soltis. "Understanding Individual Tax Compliance: Advanced Deductions And Related Issues" Journal of Business Case Studies Vol. 10 Iss. 4 (2014) p. 425 - 440 ISSN: 1555-3353
Available at: http://works.bepress.com/kevin-flynn/1/