Semester Hours: 3Analysis of the Federal Income Tax laws, their meaning, application, ethical and international considerations relating to business entities. Partnership, regular corporations and Subchapter S corporations will be the focus of this course. Prerequisite(s)/Course Notes: ACCT 143 and senior class standing–students with fewer than 88 credits on record may not register for this course; no exceptions permitted. Credit given for this course or ACCT 215, not both.