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Finance | Taxation | The Falkens: A Tax Case
16 pages
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Journal of Business Case Studies – June 2008 Volume 4, Number 6
19
The Falkens: A Tax Case
Lynda S.
Livingston, University of Puget Sound
ABSTRACT
Personal finance students want to learn about taxes.
Personal finance texts,...
[Plus]
Journal of Business Case Studies – June 2008 Volume 4, Number 6
19
The Falkens: A Tax Case
Lynda S.
Livingston, University of Puget Sound
ABSTRACT
Personal finance students want to learn about taxes.
Personal finance texts, however, often
concentrate on an overview of the tax system; since rules and forms change annually, textbook
authors concentrate their short problems on the fundamentals.
The Falken case allows students to
use actual forms and schedules to complete a comprehensive example.
Instructors can include
only those “modules” that meet their students’ needs, and they easily can update the exhibits as
laws change.
INTRODUCTION
t is difficult for personal finance textbooks to provide comprehensive tax examples.
Laws and forms
change annually, and students‟ needs vary.
Once a comprehensive example is published, it is already
obsolete; it is much easier, then, for textbook authors to concentrate on big-picture concepts, such as
distinguishing among e
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