VALPARAISO  UNIVERSITY
 SCHOOL OF LAW

JOHN POTTS, PROFESSOR OF LAW

 

Corporate & Partnership Taxation

Fall 2009 Syllabus

page one

 

Copyright © 2009 by John J. Potts

_____________________________

 

¥ syllabus last changed Friday, November 20, 2009 ¥

 

¥ attendance policy posted September 22, 2009 ¥

 

¥ syllabus adjusted from time to time for course progress ¥

¥ printing not recommended ¥

Home      Professor John Potts

 

Welcome!

 

Attendance Policy

 

 

B a s i s   C e n t r a l

 

The following link is not to a reading assignment.  It is to reference material in case you find it helpful.

 

http://faculty.valpo.edu/jpotts/basiscentral.html

 

Reading Assignments

 

Week 1

 

Monday, August 24

 

¥ Introduction and overview

 

                                    Wednesday, August 26

 

¥ Kwall, preface

 

¥ Kwall, Part One, Introduction, p. 1

 

¥ Overview

 

Friday, August 28

 

¥ Kwall, Chapter 1, Perspective, pp. 3-16

 

            Week 2

 

Monday, August 31

 

¥ Tax Research

 

Wednesday, September 2

 

¥ Kwall, Part Four, Contributions, pp. 363-364

 

¥ Kwall, Chapter 8, C Corporation Contributions, pp. 366-372

 

                                    Friday, September 4

                                   

                                    ¥ Discussion of ¤1012

 

Week 3

 

Monday, September 7

 

                                    ¥ Kwall, Chapter 8, pp. 372-384

 

Wednesday, September 9

 

¥ Class cancelled due to illness.

 

Friday, September 11

 

¥ Kwall, Chapter 8, C Corporation Contributions, pp. 376-389

 

Week 4

 

Monday, September 14

 

¥ Kwall, Chapter 8, C Corporation Contributions, pp. 389-401

 

Wednesday, September 16

 

¥ Kwall, Chapter 8, C Corporation Contributions, pp. 401-404

 

¥ Kwall, Chapter 9, S Corporation Contributions, pp. 405-409

 

Friday, September 18

 

¥ Kwall, Chapter 9, S Corporation Contributions, pp. 405-409

 

¥ Kwall, Chapter 10, Partnership Contributions, pp. 411-417

 

Week 5

 

Monday, September 21

 

¥ Kwall, Chapter 10, Partnership Contributions, pp. 417-428

 

Wednesday, September 23

 

¥ Kwall, Chapter 10, Partnership Contributions, pp. 428-449

 

Friday, September 25

 

¥ Kwall, Part Two, Operations, p. 17

 

¥ Kwall, Chapter 2, C Corporation Operations, pp. 19-21

 

¥ Kwall, Chapter 2, C Corporation Operations, pp. 21-29

 

Week 6

 

Monday, September 28

 

¥ Kwall, Chapter 2, C Corporation Operations, pp. 19-39

 

Wednesday, September 30

 

¥ Kwall, Chapter 2, C Corporation Operations, pp. 22-39

 

Friday, October 2

 

¥ Kwall, Chapter 2, C Corporation Operations, pp. 34-49

 

Week 7

 

Monday, October 5

 

¥ Kwall, Chapter 2, C Corporation Operations, pp. 46-59

 

Wednesday, October 7

 

¥ Kwall, Chapter 2, C Corporation Operations, pp. 59-65

 

Friday, October 9

 

¥ Kwall, Chapter 2, C Corporation Operations, pp. 65-78

 

Week 8

 

Monday, October 12

 

¥ Kwall, Chapter 2, C Corporation Operations, pp. 65-78

 

Wednesday, October 14

 

¥ Kwall, Chapter 2, C Corporation Operations, pp. 78-86

 

Friday, October 16

 

¥ Kwall, Chapter 2, C Corporation Operations, pp. 86-94

 

¥ Kwall, Chapter 2, S Corporation Operations, pp.95-106

 

Week 9

 

Monday, October 19

 

¥ Kwall, Chapter 2, S Corporation Operations, pp. 106-118

 

Wednesday, October 21

 

¥ Kwall, Chapter 2, S Corporation Operations, pp. 106-118

 

Friday, October 23

 

¥ Kwall, Chapter 2, S Corporation Operations, pp. 118-125

 

Week 10

 

Monday, October 26

 

¥ Kwall, Chapter 2, S Corporation Operations, pp. 125-137

 

Wednesday, October 28

 

¥ Kwall, Chapter 2, S Corporation Operations, pp. 137-144

 

¥ Kwall, Chapter 4, Partnership Operations, pp. 144-148

 

Friday, October 30

                                   

¥ Kwall, Chapter 4, Partnership Operations, pp. 148-177

 

Week 11

 

Monday, November 2

 

¥ Kwall, Chapter 4, Partnership Operations, pp. 177-194

 

Wednesday, November 4

 

¥ Kwall, Part Three, Distributions, p. 195

 

¥ Kwall, Chapter 5, C Corporation Distributions, pp. 197-198

 

Friday, November 6

 

¥ Kwall, Chapter 5, C Corporation Distributions, pp. 198-199

 

Week 12

 

Monday, November 9

 

¥ Kwall, Chapter 5, C Corporation Distributions, pp. 199-210

 

Wednesday, November 11

 

¥ Kwall, Chapter 5, C Corporation Distributions, pp. 210-228

 

Friday, November  13

 

¥ Kwall, Chapter 5, C Corporation Distributions, pp. 228-238

 

                        Week 13

 

Monday, November 16

 

¥ Kwall, Chapter 5, C Corporation Distributions, pp. 238-261

 

Wednesday, November 18

 

¥ Kwall, Chapter 5, C Corporation Distributions, pp. 261-271

 

Friday, November 20

 

¥ Kwall, Chapter 5, C Corporation Distributions, pp. 271-281

 

 

Week 14

 

Sunday, November 22 – Sunday, November 29

 

¥ Thanksgiving Break

 

Week 15

 

Monday, November 30

 

¥ Kwall, Chapter 5, C Corporation Distributions, pp. 281-291

 

¥ Kwall, Chapter 6, S Corporation Distributions, pp. 293-307

 

¥ Kwall, Chapter 7, Partnership Distributions, pp. 309-319

 

_____ _____ _____ _____ _____ _____ _____ _____            

 

Counting Part Four, pp. 363-449, which we covered early in the semester, we have now completed the preface through page 449.

                       

Part Five, Corporate Dispositions and Acquisitions, pp. 451-657, and Part Six, pp. 659-782, is covered in the follow-up course.

_____ _____ _____ _____ _____ _____ _____ _____

 

 

Wednesday, December 2

 

¥ Kwall, Chapter 7, Partnership Distributions, pp. 319-336

 

¥ Kwall, Chapter 7, Partnership Distributions, pp. 336-351

 

Friday, December 4

 

¥ Kwall, Chapter 7, Partnership Distributions, pp. 351-361 

 

¥ Discussion – Career Paths in Tax Law

 

                                                ¥ Review

 

 

            Week 16

 

                                    Monday, December 7

 

            ¥ Review

 

Thursday class schedule.  We do not meet.

 

¥ Last day of classes

 

                        Tuesday, December 8

 

                                                ¥ Reading day