Course Description

This course provides broad training in federal income tax law and the regulations of the Department of Treasury as they pertain to the basic philosophy of taxation, determination of taxable income, allowable deductions, and gains and losses on sales and exchanges of property for the individual taxpayer. It also serves as an introduction to the federal taxation of partnerships and corporations. Emphasis is placed on the preparation of federal income tax returns and the ability to utilize varied references in dealing with tax accounting problems and tax planning.

Learner Outcomes

Upon successful completion of this course, students will be able to:

  • Discuss the U.S. federal income tax system and the role of government in business
  • Identify taxable income and allowable deductions
  • Prepare a basic federal income tax returns and resolve potential problems
  • Apply tax regulations to the preparation of federal income tax returns


Principles of Financial Accounting I/II or consent of instructor


Completion of the UCSB PaCE Professional Accounting Certification Program does not result in CPA licensure.  While courses in this program may count toward the educational requirements for individual states' boards of accountancy, completion of this program will not, in itself, fulfill the education, professional experience or examination requirements to qualify for CPA licensure. For more information about the requirements for the CPA Licensure, students should consult the State Board of Accountancy for the State or Jurisdiction in which they are interested in practicing. 

Applies Towards the Following Certificates

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6:00PM to 9:00PM
Apr 02, 2024 to Jun 11, 2024
Web-based Instruction
Schedule and Location
Contact Hours
  • Web-based Instruction
Delivery Options
Course Fee(s)
Course Fee credit (4 units) $685.00
Available for Credit
4 units
Section Notes

Steps to Enroll

How to Access Your Online Course on Canvas

Late Registrations Notice: 

Self-enrollment will be available until 11:59 PM PT of the second business day after the 1st class session (i.e. If the first class starts on Thursday, self-enrollment is open until the following Monday at 11:59 pm).  If you wish to enroll after that time, please contact PaCE Support at help@professional.ucsb.edu

Required Textbook(s):
Students are required to purchase the textbook(s) below before the first class meeting. Textbooks can be purchased from the vendor of your choice.

South-Western Federal Taxation 2022 | 45th Edition
James C. Young/Annette Nellen/William A. Raabe/Mark Persellin/William H. Hoffman, Jr
ISBN: 9780357711101
[Instructor does not require a hard copy if students wish to save by purchasing access to the e-book]

No refunds after 04/14/24
A minimum $40 non-refundable administrative fee per course is charged for all drops. See the full Drop Policy here.