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Federal Taxation I: Individuals, Employees, and Sole Proprietors

University of Illinois at Urbana-Champaign via Coursera

1 Review 148 students interested
  • Provider Coursera
  • Subject Law
  • Cost Free Online Course (Audit)
  • Session In progress
  • Language English
  • Certificate Paid Certificate Available
  • Effort 6-8 hours a week
  • Start Date
  • Duration 8 weeks long
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Overview

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This course is the first course in a five-course US Federal Tax Specialization. It covers and focuses on the U.S. federal tax system as it relates to individuals, employees, and sole proprietors. Key concepts covered include gross income and items that are statutorily included or excluded in it, personal and business expenses that qualify as tax deductions, and the differing tax treatments for employees versus self-employed taxpayers. Unlike many other introductory courses in tax and as part of this course’s comprehensive wrap-up, learners will be provided with practical and tangible experience reporting both income and expenses on the main individual tax return used in the US, Form 1040.

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Taught by

Petro Lisowsky, PhD, CPA

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Review for Coursera's Federal Taxation I: Individuals, Employees, and Sole Proprietors
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Anonymous
4.0 2 months ago
Anonymous completed this course.
(Course audit.) This explains the legal structure enabling taxation to become law and how it is "generally" applied to all persons. This is not a course explaining the next tax code's inclusions and exclusions pertaining to filing one's federal tax return. Some good information, but could have gone into more detail with how the judicial system functions for taxpayers given their choice of three legal avenues to complain/appeal a tax debt.
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