Taxes and Decision Making

Course 3 of 3: MicroMasters® Program in Accounting 12 Weeks 8 - 12 hours per week
1850

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About this course

Build your accounting foundation with this course on U.S. federal income taxation. You’ll learn about the taxation of both businesses and individuals. In addition to income tax laws, you’ll discover how to reduce the present value of income taxes.

Topics will include tax planning strategies, qualified business income deduction, tax compliance, and more.

Verified Learners will need to purchase a textbook in order to successfully complete the course. See the FAQ for details.

What You Will Learn

  • How to properly applyfederal income tax laws to income taxpayers–both individuals and businesses
  • How to usebasic finance tools tohelpindividual taxpayers and businessesmake decisionsthat maximize their after-tax wealth or earnings
  • How to differentiate federal income tax laws from financial accounting standards

Prerequisites

This course is intended for those who have junior or senior standing at a college or university, or have already attained at least a bachelor’s degree.

Frequently asked questions

Does this course require a textbook?
Yes, if you are Verified Learner, a textbook is required. If you choose to verify, you will also need to purchase a copy of Jones, Sally (2020). Principles of Taxation for Business and Investment Planning 2020 Edition (23rd.). McGraw-Hill Higher Education. Print ISBN: 9781259969546, 1259969541; eText ISBN: 9781260433210, 1260433218. This textbook typically costs around $57.50 to rent and $93.75 to purchase permanently. A digital copy is acceptable.

 

Who can take this course?

Unfortunately, learners from one or more of the following countries or regions will not be able to register for this course: Iran, Cuba and the Crimea region of Ukraine. While edX has sought licenses from the U.S. Office of Foreign Assets Control (OFAC) to offer our courses to learners in these countries and regions, the licenses we have received are not broad enough to allow us to offer this course in all locations. EdX truly regrets that U.S. sanctions prevent us from offering all of our courses to everyone, no matter where they live.

Meet Your Instructors

Greg Geisler

Greg Geisler

Clinical Professor of Accounting at Indiana University
Greg Geisler, PhD, CPA is a Clinical Professor of Accounting at Indiana University (Bloomington), where he teaches income tax courses. At his former institution, the University of Missouri-St. Louis (UMSL), Greg won the Chancellor’s Teaching Excellence Award in 2017 and the Governor’s Excellence in Teaching Award in 2006. Both are awarded to only one UMSL professor per year. He holds a PhD from the University of North Carolina at Chapel Hill, an MBA from the University of Pittsburgh, and a Bachelor’s degree from the University of Notre Dame. Before entering academia full-time, he was a practicing CPA working in public accounting for 5 years.
1850

Duration

12 Weeks

Experience Level

Advanced

Learning Partner

Indiana University

Program Type

MicroMasters®

Subject

Business & Management
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