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Cover image for book McNulty and Lathrope's Federal Income Taxation of Individuals in a Nutshell

McNulty and Lathrope's Federal Income Taxation of Individuals in a Nutshell

By:McNulty, John; Lathrope, Daniel
Publisher:West Academic Publishing
Print ISBN:9780314927002
eText ISBN:9781628106145
Edition:8
Format:Reflowable

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How and when is income taxable? To whom is it taxable? This Nutshell summarizes U.S. federal income tax law, defines income, and identifies the different types of deductions. Explains statutory inclusion and exclusion from gross income, profit-related deductions, mixed deductions, personal deductions, and other allowances. Also inquires into the policy and purposes of, and alternatives to, existing legal rules.

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