UIUC - Federal Taxation II: Property Transactions of Business Owners and Shareholders
- Offered byCoursera
Federal Taxation II: Property Transactions of Business Owners and Shareholders at Coursera Overview
Duration | 30 hours |
Total fee | Free |
Mode of learning | Online |
Difficulty level | Intermediate |
Official Website | Explore Free Course  |
Credential | Certificate |
Federal Taxation II: Property Transactions of Business Owners and Shareholders at Coursera Highlights
- Shareable Certificate Earn a Certificate upon completion
- 100% online Start instantly and learn at your own schedule.
- Course 2 of 5 in the U.S. Federal Taxation Specialization
- Flexible deadlines Reset deadlines in accordance to your schedule.
- Intermediate Level
- Approx. 30 hours to complete
- English Subtitles: French, Portuguese (European), Russian, English, Spanish
Federal Taxation II: Property Transactions of Business Owners and Shareholders at Coursera Course details
- This course examines the U.S. federal tax system as it relates to property transactions of business owners and shareholders. Topics include cost recovery, such as depreciation, amortization, and depletion; calculation of realized versus recognized gains and losses; evaluation of the potential tax effects of nontaxable exchanges; and the combining, or netting, gains and losses that are different in nature. Assignments facilitate self-discovery of knowledge and development of a variety of professional skills.
Federal Taxation II: Property Transactions of Business Owners and Shareholders at Coursera Curriculum
INTRODUCTION TO THE COURSE
Course Overview and Meet Your Instructors
About Professor Matthew Hutchens
About Professor Petro Lisowsky
Syllabus
About the Discussion Forums
Update Your Profile
Build a Learning Community with Social Media
Orientation Quiz
Concepts in Cost Recovery
Overview of Depreciation
Using the Depreciation Tables
Examples Using the Depreciation Tables
Depreciation of Business Use Realty
Depreciation in Year of Disposition
Module 1 Overview and Resources
IRS Tables
Lesson 1.1 Knowledge Check
Lesson 1.2 Knowledge Check
Lesson 1.3 Knowledge Check
Lesson 1.4 Knowledge Check
Lesson 1.5 Knowledge Check
Lesson 1.6 Knowledge Check
Module 1 Quiz
Module 2: Accelerated Depreciation, Amortization, and Depletion
Bonus Depreciation
Section 179 Election
Listed Property
Luxury Auto Limitations
Amortization
Depletion
Capitalization vs Expensing
Reporting Cost Recovery on Form 4562
Module 2 Overview and Resources
Luxury Auto Limitations
Lesson 2.1 Knowledge Check
Lesson 2.2 Knowledge Check
Lesson 2.3 Knowledge Check
Lesson 2.4 Knowledge Check
Lesson 2.5 Knowledge Check
Lesson 2.6 Knowledge Check
Lesson 2.7 Knowledge Check
Module 2 Quiz
Module 3: Gains, Losses, and Adjusted Basis
Overview of Gains and Losses; Amount Realized
Basis and Realized Gains or Losses
Adjusted Basis: Cost Basis
Adjusted Basis: Gift Basis
Adjusted Basis: Inheritance Basis
Module 3 Overview and Resources
Lesson 3.1 Knowledge Check
Lesson 3.2 Knowledge Check
Lesson 3.3 Knowledge Check
Lesson 3.4 Knowledge Check
Lesson 3.5 Knowledge Check
Module 3 Quiz
Module 4: Disallowed Losses, Like-kind Exchanges, and Involuntary Conversions
Recognized Gains and Losses
Nontaxable Exchanges and Like-Kind Exchanges: In General
Part 1: Like-Kind Exchanges: Boot, Basis, and Holding Period
Part 2: Like-Kind Exchange Examples
Involuntary Conversions: In General
Involuntary Conversions: Replacement Time Period
Involuntary Conversions: Non-recognition Rules
Module 4 Overview and Resources
Lesson 4.1 Knowledge Check
Lesson 4.2 Knowledge Check
Lesson 4.3 Knowledge Check
Lesson 4.4 Knowledge Check
Lesson 4.5 Knowledge Check
Lesson 4.6 Knowledge Check
Module 4 Quiz
Module 5: Special Gain/Loss Provisions
Sale of Personal Residence
Contributing Property to a Business
Wash Sales
Worthless Securities and Losses on Small Business Stock
Gains on Qualified Small Business Stock
Module 5 Overview and Resources
Lesson 5.1 Knowledge Check
Lesson 5.2 Knowledge Check
Lesson 5.3 Knowledge Check
Lesson 5.4 Knowledge Check
Lesson 5.5 Knowledge Check
Module 5 Quiz
Module 6: Character and the Netting Process
Character of Gains and Losses: Introduction
Part 1: Introduction to Netting Process
Part 2: 3 Key Steps to Netting Process
Part 3: Example of Netting Process
Part 1: Introduction to §1231 Assets
Part 2: Netting Process of §1231 Assets
Part 3: Example of Netting Process of §1231 Assets
Module 6 Overview and Resources
Lesson 6.1 Knowledge Check
Lesson 6.2 Knowledge Check
Lesson 6.3 Knowledge Check
Module 6 Quiz
Module 7: Depreciation Recapture and Other Items in the Netting Process
§1245 Depreciation Recapture
§1250 Depreciation Recapture
Other Items in Netting Process
Gain from Sale of Depreciable Property Between Related Parties
The Net Investment Tax
Module 7 Overview and Resources
Lesson 7.1 Knowledge Check
Lesson 7.2 Knowledge Check
Lesson 7.3 Knowledge Check
Lesson 7.4 Knowledge Check
Lesson 7.5 Knowledge Check
Module 7 Quiz
Module 8: Final Comprehensive Exam
Gies Online Programs
Depreciation Tables
Course Wrap-Up
Congratulations!
Final Review
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