Introduction to federal income tax
Gross income concepts and limitations
The effect of an obligation to repay
Gains derived from dealings in property
Gifts, bequests and inheritance
Sale of a principal residence
Scholarships and prizes
Life insurance, annuities, and individual retirement accounts
Discharge of indebtedness
Compensation for personal physical injury and physical sickness
Fringe benefits
Business and profit seeking expenses
Deduction for qualified business income : Section 199A
Capital expenditures
Depreciation
Losses and bad debts
Travel expenses and business meals
Educational expenses
Dual use property : home offices, vacation homes, and passenger automobiles
The interest deduction
The deduction for taxes
Casualty losses
Medical expenses
Charitable deductions
Limitations on deductions
Cash method accounting
Accrual method accounting
Annual accounting
Capital gains and losses
Quasi-capital assets : Section 1231
Depreciation recapture
Assignment of income and kiddie tax
Below-market loans
Effect of debt on basis and amount realized
Transfers between spouses and incident to divorce
Like-kind exchanges of real property
Involuntary conversions
Installment sales
Sale of a business and sale-leasebacks
An introduction to original issue discount
Limitations on tax shelters
The alternative minimum tax.