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National College Credit Recommendation Service

Board of Regents  |  University of the State of New York

Genesis University (formerly Association for Hebraic Studies Institute) | Evaluated Learning Experience

Advanced Taxation I (ACC 351)

100+ hours
Varies, distance learning
January 2012 - Present.
Instructional delivery format: 
Hybrid course/exam
Learner Outcomes: 

Upon successful completion of the course, students will be able to: define concepts, principles, and rules of taxation of individuals and small businesses; apply the fundamentals of tax law and research to problem situations likely to be encountered in tax practice when dealing with individuals; prepare moderately complex tax forms for individuals and sole proprietorships; recognize tax planning opportunities and recommend appropriate tax-saving strategies for decision making; and address tax situations for all types of taxpayers.


The course is offered in a distance learning format with instructor support, graded assignments, and a cumulative assessment. Topics include: determination of tax, gross income inclusions, gross income exclusions, property transactions, capital gains and losses, deductions and losses, itemized deductions, losses and bad debts, employee expenses and deferred compensation, depreciation, cost recovery, amortization and depletion, accounting periods and methods, property transactions, non-taxable exchanges, property transactions, Section1231 and recapture, special tax computation methods, and tax credits.

Credit recommendation: 

In the upper division baccalaureate degree category, 3 semester hours in Accounting, Taxation, or Business (1/12) (10/17 revalidation).