Federal Income Tax: Examples & Explanations

Using the proven-effective Examples & Explanations series pedagogy, Federal Income Tax combines textual material with examples and explanations that test and reinforce students' understanding of case, statutory, and regulatory analysis. Students learn how to apply federal income tax law through realistic hypotheticals. The revised Sixth Edition offers new and updated examples & explanations with timely coverage of developing topics such as medical expenses, taxation of same-sex couples, debt discharge income, value-added taxes, and the federal budget. Hallmark features of Federal Income Tax: Examples & Explanations:

• as a valuable problem supplement, it is compatible with most casebooks
• an integrated treatment of policy questions
• clear and helpful introductions to each topic
• the Exam Appendix includes eight law school exams with suggested answers

New to the Sixth Edition

• updates to IRC amendments, including:
• The patient Protection and Affordable Care Act
• The American Recovery and Reinvestment Act of 2009
• The Emergency Economic Stabilization Act of 2008
• current issues and important new cases, such as O'Donnabhain