Packed with new "Big Picture" tax scenarios and new "What-If?" case variations, SOUTH-WESTERN FEDERAL TAXATION 2010: INDIVIDUAL INCOME TAXES remains the most effective text for helping you master detailed tax concepts and the ever-changing tax legislation. Renowned for its accessible, comprehensive, and time-tested presentation, this text provides thorough coverage while highlighting materials of critical interest to the tax practitioner. INDIVIDUAL INCOME TAXES offers you many opportunities to sharpen critical-thinking and writing skills. A new chapter-opening feature, the Tax Formula Framework for Individuals, provides a unique, organizational framework so you can understand how chapter topics relate to the 1040 form. Internet exercises are tied directly to chapter research cases in the text to give you hands-on experience using online resources to solve tax issues. H&R Block's TaxCut® software and Checkpoint® from Thomson Reuters come with each new copy of this text so you can obtain professional experience with leading software!
South-Western Federal Taxation 2010
and over one million other books are available for Amazon Kindle.
Learn more
FREE Two-Day Shipping for students on millions of items. Learn more |
| ||||||||||||||||||
|
There is a newer edition of this item:
|
Book Description
Editorial Reviews
About the Author
William H. Hoffman, Jr., earned B.A. and J.D. degrees from the University of Michigan and M.B.A. and Ph.D. degrees from The University of Texas. He is a licensed CPA and attorney in Texas. His teaching experience includes: The University of Texas (1957-1961), Louisiana State University (1961-1967), and the University of Houston (1967-1999). Professor Hoffman has addressed many tax institutes and conferences and has published extensively in academic and professional journals. His articles appear in The Journal of Taxation, The Tax Adviser, Taxes--The Tax Magazine, The Journal of Accountancy, The Accounting Review, and Taxation for Accountants.
James E. Smith is the John S. Quinn Professor of Accounting at the College of William and Mary. He has been a member of the accounting faculty for over 30 years. He received his Ph.D. from the University of Arizona. Professor Smith has served as a discussion leader for Continuing Professional Education programs for the American Institute of Certified Public Accountants (AICPA), Federal Tax Workshops, and various state CPA societies. He has conducted programs in more than 40 states for about 25,000 CPAs. He has been the recipient of the AICPA's Outstanding Discussion Leader Award and the American Taxation Association/Arthur Andersen Teaching Innovation Award. Among his other awards are the Virginia Society of CPAs' Outstanding Accounting Educator Award and the James Madison University's Outstanding Accounting Educator Award. He was the president of the Administrators of Accounting Programs Group (AAPG) in 1991-1992. He was the faculty adviser for the William and Mary teams that received first place in the Andersen Tax Challenge in 1994, 1995, 1997, 2000, and 2001, and in the Deloitte Tax Case Study Competition in 2002, 2004, 2005, and 2006.
Eugene Willis is the Arthur Andersen Alumni Professor of Accountancy at the University of Illinois, Urbana-Champaign. He joined the Illinois faculty in 1975 after receiving his Ph.D. from the University of Cincinnati. He has published articles in leading academic and professional journals, including The Accounting Review, The Journal of the American Taxation Association, The Journal of Accountancy, and The Journal of Taxation. Professor Willis is co-director of the National Tax Education Program, a continuing education program co-sponsored by the American Institute of CPAs and the University of Illinois.
James E. Smith is the John S. Quinn Professor of Accounting at the College of William and Mary. He has been a member of the accounting faculty for over 30 years. He received his Ph.D. from the University of Arizona. Professor Smith has served as a discussion leader for Continuing Professional Education programs for the American Institute of Certified Public Accountants (AICPA), Federal Tax Workshops, and various state CPA societies. He has conducted programs in more than 40 states for about 25,000 CPAs. He has been the recipient of the AICPA's Outstanding Discussion Leader Award and the American Taxation Association/Arthur Andersen Teaching Innovation Award. Among his other awards are the Virginia Society of CPAs' Outstanding Accounting Educator Award and the James Madison University's Outstanding Accounting Educator Award. He was the president of the Administrators of Accounting Programs Group (AAPG) in 1991-1992. He was the faculty adviser for the William and Mary teams that received first place in the Andersen Tax Challenge in 1994, 1995, 1997, 2000, and 2001, and in the Deloitte Tax Case Study Competition in 2002, 2004, 2005, and 2006.
Eugene Willis is the Arthur Andersen Alumni Professor of Accountancy at the University of Illinois, Urbana-Champaign. He joined the Illinois faculty in 1975 after receiving his Ph.D. from the University of Cincinnati. He has published articles in leading academic and professional journals, including The Accounting Review, The Journal of the American Taxation Association, The Journal of Accountancy, and The Journal of Taxation. Professor Willis is co-director of the National Tax Education Program, a continuing education program co-sponsored by the American Institute of CPAs and the University of Illinois.
Product Details
Would you like to update product info or give feedback on images?
|
Customer Reviews
|
Share your thoughts with other customers:
|
||||||||||||||||||||||
|
Most Helpful Customer Reviews
6 of 7 people found the following review helpful:
1.0 out of 5 stars
Terrible reader unfriendliness,
By
This review is from: South-Western Federal Taxation 2010: Individual Income Taxes, Volume 1, Professional Version (Book Only) (Hardcover)
In summary, the book uses unnessarily confusing style, seemingly assumes the reader knows the subject already and does not provide computation formula or details to solve the problems behind the chapters."Eater of books" has suggested others to buy buy "Income Tax Fundamentals" by Whittenburg and Altus-Buller instead. I had a terrible experience with this book. The author does not use plain English or reader-friendly style to explain the subject. I often found that author's long sentences unnessarily caused confusion and awkwardness. The book gave me an impression that the author favors long sentence just for the sake of it without consideration of unnessary confusion and awkwardness readers will experience. The explanation in this book was as if the author is expecting readers know the subject already. Sometime the book describes the material in detail while other times not without explaning what kinds of details matter and do not matter. I highly doubt that there is an editor who make sure the book is reader friendly. Besides the reader-unfriendliness of this book, I found that the questions behind the book ask things not covered in the book. When the questions were covered in the book, they were still most of the time very difficult to answer because of the lack of explanations in the chapters to deal with the details. As I mentioned above, the book seldom explains what types of details matter and do not matter. On top of that, the details mentioned in the book often time have arbitrary link between each other because of the nature of the law. Thus while I was solving problems I found myself guessing a lot, helplessly striving to find meaningful link or pattern that might help me to "guess" right. Instead of reviewing the things covered to make sure I understand them correctly, it seems the questions were designed to make readers learn new things with time-consuming extra research not to mention whether one will find one ever. I remember I had more questions in my head after "solving" the problems with a lot of meaningless guessing than before "solving" them. Instructors should not expect students to solve the questions without an access to the answer manual. It is a common sense that people buy a course book, instead of doing self-research, to learn new things in an organized way and more time efficient way. I question this book if it has achieved any one of these. Here is more in-depth reviews from other people I sympathize with. ------------------ This books is a disservice to those trying to learn federal income tax. This is a book on tax law, not on how to prepare individual tax returns or to prepare for the CPA exam. In short, save your money and buy "Income Tax Fundamentals" by Whittenburg and Altus-Buller. For comparison, when discussing medical expense deductions, this book splits the dicussion into two chapters seven chapters apart and never states the formula. Income Tax Fundamentals has as the last sentence of the first paragraph "here's the formula to calculate". Also in the South-Western book you will never see a 1040 or any of the supporting schedules because it is about tax LAW. In the Whittenburg book EVERY chapter shows you the forms and explains how to fill them out in detail and how to calculate the amounts because it is a tax ACCOUNTING textbook. Here's brief list of issues I had with this book - It is completely lacking in clarity because it never walks thr reader through how to do the tasks, it provides an illustrative situation, states the amount of tax owed and moves on. There is no step-by-step as to how the answer was derived or how you could do it yourself. This leaves you blindly mixing and matching numbers to try to figure out how to reproduce the result. - the text frequently makes assertions in the examples that are not supported by the text leading to the example (in some cases, the example can be explained by information several pages later -- where the example SHOULD have occured - it will provide lists of exceptions or rules, but then not explain what they mean. For instance when discussing Hobby Losses, the book states 9 rules to determine whether an activity is a hobby or a business, but doesn't inform the reader which would apply: "The expertise of the taxpayer" would that make it a hobby or a business? The book doesn't say. "The expectation that the assets will increase in value" Again, does that make it a hobby or a business? - When discussing the restrictions on deductions for transactions between related parties, it covers Losses, Unpaid Expenses and Interest and THEN at the end defines what "related parties" means! - It does next to nothing to inform the student HOW to do much of anything; it simply states what the rules are and moves on - frequently it uses BUSINESS examples throughout the text instead of individual examples (this has lead to extreme confusion in the class over a test question where students, who had taken taxation of corporations, got the question wrong). Although many individual filers have private businesses, the book provides as an example whether "Blackbird Airlines" a non-private company can deduct the cost of its federally mandated engine tests! It goes on like this for 800+ pages. It's unconscionable! If this text is required in your class, write up a formal complaint to your school (I am documenting the flaws I have found and including page numbers), and during the class review share your thoughts on the text. This book is a waste of time and trees! ------------------- This is yet another book from Hoffman and South Western publishing on tax LAW, not tax ACCOUNTING. This book is good for advanced coverage of corporate tax accounting, its use as an introduction to corporate tax accounting is a crime. It never tells you how to prepare a tax return, you never are asked to fill out any forms, it never instructs you how to calculate the taxes or provide walkthrough examples of the same. This is not a taxation of corporations and partnerships 101 book, which is what a lot of colleges seem to be using it for, this is a book on corporate tax LAW for people who already know how to calculate the taxes and fill out the forms (what I need to know and paid to learn). This is 301 material "Advanced corporate tax accounting theory". Here's a "problem" assigned to me from the book. "locate the following tax services in your library and indicate the name of the publisher and whether the service is organized by topic or by Code Section". No, I will not waste my time this way. This teaches me nothing about how to calculate the taxes and fill out the forms. When you do get to problems that ask you to calculate the taxes you'll be dumbfounded since there is no place in the book that walks you through how to actually do it. Rather you have to surmise how it might be done from examples. So instead of building your skills, you spend most of your time mixing and matching numbers to try to find out how they were combined in the example to arrive at the answer and then applying that haphazard approach to your homework. ------------------ I had to buy this text book for a college taxation class. Initially I thought this book was ok. But, then I tried actually reading it and realized this book wasn't written with too much care in terms of presenting information in a logical sequence or in an understandable way. I often would have to go to websites to get the kind of understandable explanation that this book should have given. Its written in a really choppy style and often is too vague or general without fully explaning things. This book needs some serious editing for readability, but then again text book companies don't generally care about making the content easily digestable. Teh just want to make sure the author has a Phd. This book was great, if you like reading books the seem to have been written by robots. I would definitely not buy this book unless it is required for a class. If you just want to understand the US tax code and how to file your taxes definitely look elsewhere. IRS publications are way more helpful and also are free.
3 of 4 people found the following review helpful:
3.0 out of 5 stars
Isn't exactly the right book,
Amazon Verified Purchase(What's this?)
This review is from: South-Western Federal Taxation 2010: Individual Income Taxes, Volume 1, Professional Version (Book Only) (Hardcover)
This book is suppose to come with a tax cut CD. I could actually buy the book at the local bookstore for new for 230. I bought it from amazon for 210, but it doesn't come with the CD! I should have just bought it from the school.
4.0 out of 5 stars
Tax textbook, not a tax prep guide,
By
This review is from: South-Western Federal Taxation 2010: Individual Income Taxes, Professional Version (with TaxCut® Tax Preparation Software CD-ROM and Checkpoint ... Federal Taxation Individual Income Taxes) (Hardcover)
This is an excellent textbook. It is well footnoted and explains not only general rules, but exceptions that can cause trouble for a taxpayer. The book is a tax law book not a guide of how to prepare your own tax return. If you are a complete novice in the world of tax, the book may be too detailed for you. It is not easy reading.
Share your thoughts with other customers: Create your own review
|
|
What Other Items Do Customers Buy After Viewing This Item?
Suggested Tags from Similar Products(What's this?)Be the first one to add a relevant tag (keyword that's strongly related to this product).
|
Customer Discussions
|
This product's forum
Active discussions in related forums
Search Customer Discussions
|
Related forums
|
Listmania!
|
|
