TAX2000 INCOME TAX

TAX2000 Income Tax

https://bconline.broward.edu

Winter 2015

TAX2000 INCOME TAX I ONLINE 506789

Faculty Introduction

I thought I’d tell you a little about myself. I’ve taught since 1998. I have a BS in Business Administration with Management and Marketing concentration. I also have an MBA, Master of Management, Master of Education, and Master of Accountancy. Currently, I am working on my Doctoral Degree in Management.

Currently I work full time for Broward College as a Faculty Member. I also work part-time for Vargas University and St. Thomas University. I live in Florida since 2004 and I enjoy riding a bike, swimming, gardening, and traveling. I have visited 23 countries in five different continents.

My goal is to see each of you succeed in this class!

Contact Information:

Instructor Name:	Prof. Krzysztof Bryniuk, MBA, MACC, MM, MEd
BConline Campus Phone:	954-201-7900
Fax:	954-201-7937
Email:	Please use BConline (D2L) email. Use my BC email ONLY if you are unable to access the course email: kbryniuk@broward.edu

Course Description

This course covers principles of federal income taxation applicable to individuals. The course is designed for students to acquire the basic knowledge necessary in the preparation of individual tax returns. Sample tax returns will be prepared.  The introduction to tax course may be the most valuable college you take as the topics relate to everyone. In the US, we all share the requirement to know about and comply with the tax laws. If we are not in compliance, we can face civil and/or criminal penalties. Many people become familiar with tax preparation software. However, the software programs are not a substitute for the information learned in this class. “The hardest thing in the world to understand is the income tax.” — Albert Einstein, physicist..

Methods of Instruction
This is a 3-credit hour course. This is fully online course, however I will host some live sessions.  The course will include weekly online discussions, assisgemnts (CengageNOW), tests, activities, and  readings.

Learning Outcomes

1.0   The students should be able to discuss general concepts of the United States tax law and prepare a sample individual tax return.
2.0   The students should be able to define the components of gross income and explain the items that are included and excluded from gross income.
3.0 The students should be able to determine and detail the items deducted from gross income in arriving at adjusted gross income.
4.0 The students should be able to list itemized deductions and complete Schedule A of Form 1040. |
5.0 The students should be able to list and define the individual alternative minimum tax and the common tax credits.
6.0 The students should be able to complete a Schedule C of Form 1040 which defines and illustrates accounting periods, account methods, bad debts, depreciation, inventories, and retirement plans.
7.0 The students should be able to apply the tax law relative to capital gains and losses to include the common non-recognition provisions of like-kind exchanges, involuntary conversions, and sale of a personal residence.
8.0 The students should be able to explain the income tax withholding system and other payroll taxes.
9.0 The students should be able to define and describe the process of filing, auditing, and closing a tax return. 

Course Requirements

To maximize your chances for success in this course, make sure that you meet the following course prerequisites:

Course Prerequisites: Recommended ACG2001, ACG2011, and ACG2071

Computer Knowledge and Skills:

• Students in this course should be familiar with the following computer skills.
• File Management - You should be familiar with finding and saving files on your computer.
• The Internet - You should be familiar with connecting to the Internet through an Internet Service Provider or Network Connection.
• Web Browser Software - You should be familiar with using web browser software to navigate the Internet and locate information.
• Email - You should be familiar with sending and receiving email messages.
• Discussions - You should be familiar with posting and reading discussion messages in a threaded format.
• Attachments - You should be familiar with sending email messages with attached files.
• Word Processing - You should be familiar with creating, editing, saving, and printing documents using Microsoft Word.
• Microsoft Excel - You should be familiar with creating, editing, saving and printing worksheets in Excel.  Do not zip your files.  You will not receive points if I can't open the files.  This software package is available for your use in all BC computer labs.
• Other Requirements
• You'll need a BC email address to access the online portion of this course.
• Obtain a County Library Card or University/College Library Card. You will need either a County Library Card which you may obtain at either North Campus or South Campus Library or a University/College Library Card from the Central Campus Library. These cards will allow you to use select library databases. (optional)
• Connect: Homework assignments will require using McGraw-Hill's Connect, which is a web based software (like Blackboard) provided by the publisher. Your Connect code is included in your textbook bundle when purchased at a BC bookstore.
• Log into Course
• The direct link for login is https://bconline.broward.edu.

Attendance Policy
During the first week of class, you must complete the Course Orientation and the Syllabus Quiz, or you will be withdrawn from the course. Simply logging into the course will not satisfy your attendance during this time. As with an on-campus course, students who are reported for non-attendance in an online course and are withdrawn are still responsible for paying for the course. If you do not complete the requirements of the first week of class, you should drop the course by the official drop/add deadline or expect to pay for the course.

It is very important for you to actively participate in this online class. If you stop participating in class discussions, do not submit assignments, or fail to take quizzes or tests prior to the withdrawal date, you will be withdrawn from class and receive a W or, if it is your third attempt, an F.

If you stop participating after the withdrawal date, you will receive an F. To avoid this situation, you should remain an active learner in this class and always communicate extenuating circumstances to your instructor. Ongoing communication with the instructor is critical to your course success. Completion of tests, assignments, and other class activities are used as indicators of your participation in order to satisfy this reporting requirement.

See the list of activities required for participation and attendance on the General Course Policies page

Course Materials
Required course materials are described below:

• Required Text: The textbook is available in the BC bookstore as a special bundle which includes the text and an online access code.

Essentials of Federal Income Taxation for Individuals and Business, 2014 Edition, CCH, Johnson, ISBN 978-0-8080-3637-1.

This textbook is bundled with the CCH US Master Tax Guide 2014 ISBN: 978-0-8080-3564-0 and must be purchased from the BC Bookstore, Central campus.

Access Code for Homework Manager content - A publisher access code is required to access online content at the companion website assigned to this class. To access the homework manager you will be provided with a URL within the course. Your access code is included in your
textbook bundle when purchased at the BC bookstore.

The access code can also be purchased online. You should contact your instructor if you need to purchase the code separately.

Policies and Requirements

During the first week of class, you must complete the Course Orientation and the Syllabus Quiz, or you will be withdrawn from the course. Simply logging into the course will not satisfy your attendance during this time. As with an on-campus course, students who are reported for non-attendance in an online course and are withdrawn are still responsible for paying for the course. If you do not complete the requirements of the first week of class, you should drop the course by the official drop/add deadline or expect to pay for the course.

It is very important for you to actively participate in this online class. If you stop participating in class discussions, do not submit assignments, or fail to take quizzes or tests prior to the withdrawal date, you will be withdrawn from class and receive a W or, if it is your third attempt, an F.

If you stop participating after the withdrawal date, you will receive an F. To avoid this situation, you should remain an active learner in this class and always communicate extenuating circumstances to your instructor. Ongoing communication with the instructor is critical to your course success. Completion of tests, assignments, and other class activities are used as indicators of your participation in order to satisfy this reporting requirement.

See the list of activities required for participation and attendance on the General Course Policies page

How to Register for this Course 

Please register for course using myBC website. Students must pay for the course before they will be able to log into the course. Information Contact If you are interested in registering for ACG2001 online, please feel free to contact me via email kbryniuk@broward.edu

How to Access this Course
Once you are enrolled login to your course will be available on August 25, 2014. Normally, the login date should be the first day of the session in which the course is scheduled. You may login early and read the syllabus. Make sure that you understand that the only people who will be permitted to login are those students who have registered and paid for the course. 

• Your BConline User Name is the same as your BC email ID.
• Your BConline password is the same as your BC email PIN code.
• If you need login information, obtain a BC email user ID and PIN code before attempting to login to BConline.

The direct link for BConline login is https://bconline.broward.edu

• Student Services
• Password Reset
• If your password does not work or you forgot it, click this link to reset it: Student Password Reset.
• If you need further support, please contact the BC helpdesk at 954-201-7521 or helpdesk@broward.edu. 
• Technical Problems
• If you need help using BConline (D2L), you can review the step-by-step tutorials
• For year-round, 24 hour technical assistance, please visit the 24/7 Help Desk page.

Communication

• Use the course email tool only for private, personal, one-to-one communication with a specific individual, or groups of individuals. Do not send course related emails to the instructor's BC email address.
• In the event that the course communication tools are unavailable for more than 24 hours, the instructor will communicate with students (if necessary) via their BC email address. Access your BC email account at http://www.outlook.com

Faculty Response

• Course emails and discussion posts will be answered within 48 hours. Emails and submissions sent on Saturday or Sunday, or holidays may not be answered until the next school day. It is recommended that you post course-related questions in the discussion area. Other students may have the same questions as you or may even be able to answer your questions. If you need info related to a test or assignment, plan ahead and submit your questions well ahead of the due date. Additionally, you can contact your instructor during their online office hours or schedule an online meeting. Your instructor is not online 24 hours per day, so please allow time for responses.