Federal Taxation Basic Principles is a popular first-level tax course textbook that provides a clear concise explanation of the fundamental tax concepts covering both tax planning and compliance. Basic Principles strikes a perfect balance between the AICPA model curriculum (focusing on business tax) and the demands favored by most teachers (covering the fundamentals and building toward the complex). The book is also a favorite in distant learning, because of its clarity and direct approach--and it is also used in special programs like CFP courses.
There are three General Editors for the volume: Ephraim P. Smith, Professor, California State University; Philip J. Harmelink, Ernst & Young Professor of Accounting, Research Professor and Chairman, Department of Accounting, University of New Orleans; and James R. Hasselback, Professor, Clarion Universityall of whom are also contributing authors. Contributing Authors in addition to those already named include: Edward C. Foth, Associate Professor and Administrator of the Master of Science in Taxation Program, DePaul University;Christopher J. Fenn, Tax Instructor at Georgia State University; Robert Ricketts, Frank M. Burke Chair of Taxation and Director of Accounting Programs, Texas Tech University; Larry Tunnell, Associate Professor of Accounting, New Mexico State University; Sharon Lassar, Professor and Director, School of Accountancy, University of Denver; and W. Brian Dowis, Assistant Professor of Accounting, Georgia Southern University.