9:30 a.m - 10:50 a.m.
General Learning Goals:
Students will demonstrate problem solving and decision making abilities through the critical analysis, evaluation, and interpretation of business information. Classroom discussion, problem assignments and examinations will require students to use critical thinking skills to apply federal tax concepts and principles to various situations. Demonstrations of problem solving and decision making abilities will be included in class lectures. Students will develop these skills by completing assigned homework, tax returns, and possibly research. The development of each student’s abilities will be assessed through examinations which require problem solving and decision making.
Course Specific Learning Goals:
The general objective of this course is to introduce the student to the conceptual foundations of federal income taxation of businesses in the United States. The tax law changes almost daily as it is amended to address unique transactions and to meet economic, social, and political needs. The study of taxes blends together accounting economics, law, and finance concepts. The focus of the course is on the basic concepts of taxation for various business entity types, particularly those that have been stable over time.
Grading and Evaluation:
Grades for this course will be assigned as follows:
Review Exam 50
Exam #1 100
Exam #2 100
Exam #3 100
Final Exam 100
Participation, and Contribution 50
Total Available Points 500
Letter grades will be assigned as follows:
A = 89 - 100%, B = 79 - 88%, C = 69 - 78%, D = 59 – 68%, F = Below 59%
Exams. Exams will generally be a mix of problems and multiple choice questions. There may occasionally be other types of problems. You will need to bring a scantron to class on exam days; no scantron means no points. On exams, you will be permitted to use a non-programmable calculator. You will not be permitted to use your cell phone as a calculator.
Participation and Contribution. This includes several things—attendance, punctuality, your contribution to class, and your preparation for class. As part of your participation, on August 30, 2010 you will need to bring an index card with the following information: Your name, your current job, your career goal, your e-mail address, a random fact about you, and a picture of you (can be a photocopy of a driver’s license or student ID, but if so, remove personal information from it). The picture must be attached to the card, and no bigger than the card. This will be worth 5 of the participation points. Points will be deducted if turned in late or incomplete.
45 of the participation points will be given to you at the beginning of the semester, and I will take them away for violation of classroom policy, such as missing a class, showing up late, using a cell phone in class (including texting), or other non-professional behavior.
Make-Up Exams and Assignments
Only in the case of a well-documented true emergency should an exam be missed. Prior approval is required in all but the most extreme cases. Exams missed without prior approval or without adequate documentation of the reason for the absence will result in a grade of zero for the exam. If an exam (other than the final) is missed with prior agreement and adequate documentation, the percentage grade obtained on the final exam will automatically be substituted in calculating the points for the missed exam. Points missed during a regular class (e.g. participation/contribution, homework, etc.) will not be made up. Again, exceptions will be made only in extreme cases.
This course is presented in two 80-minute class meetings per week. Classes may include a variety of teaching methods, including lecture, group work, and class discussion, but generally a traditional lecture format. Your requirements for each class are as follows:
Remember, it is now the standard of the Dillard College of Business Administration that no food or drink is permitted in the classroom, with the exception of bottled water in a clear plastic container, with a lid. If I see any other food or drink, I will take it from you, and you will lose participation points.
Students are expected to attend all class meetings for this course, following the university attendance policy. (See Midwestern State University Undergraduate Catalog, Vol. LXXV, No. 2, p. 88). Each meeting of the class will run as scheduled. So as not to disturb the class, you are not to walk in and out of the classroom during the class period except for an emergency.
With regard to academic honesty, students are referred to the “Student Honor Creed” on p. 23 of Midwestern State University Undergraduate Catalog, Vol. LXXV, No. 2.
All out-of-class assignments are to be the work product of the individual or group to which they were assigned. However, it is often beneficial to obtain the input of others, and I encourage you to do so. If you have questions about the degree of help that you can give or receive on an assignment, please ask. For some assignments, you may not receive any assistance from individuals outside of yourself or your group; you will be clearly instructed when this is the case. You may be asked to present your results on a homework assignment, so be sure you don’t have a solution that you don’t understand.
Allowing another student to obtain course points by deceit contributes to a general lowering of the ethical standards of the university and contributes to deception of potential employers and other academic institutions. Thus, you have an obligation to take some action when you know another student is in violation of the course’s academic integrity standards. This is a difficult personal trial to face, but it is an important part of your ethical obligations as a student. If you know that another student is violating the standards, it is your responsibility to inform the student’s instructor.
Anyone suspected of breaching academic integrity will be referred to the proper university authority. Examples of such breaches include (but are not limited to):
Americans with Disability Act:
This class follows the guidelines suggested by the Center for Counseling and Disabilities Services for those students who qualify for disability services. See MidwesternState UniversityUndergraduate Catalog, Vol. LXXV, No. 2, p. 26.
Syllabus Change Policy:
This syllabus is a guide for the course and is subject to change.