Required Texts

(1) Taxation of Business Enterprises by Peroni & Bank (Thomson West 5th ed. 2022) (ISBN 978-1-63659-326-5).

(2) Access to the Internal Revenue Code & Regulations. In class, I shall be using Selected Federal Taxation—Statutes and Regulations (West 2023 ed.) (ISBN 978-1-63659-939-7). If you have an earlier version (e.g., 2022), there is no need to purchase the 2023 edition. Especially in upper-level tax classes, I highly encourage you to have a hard copy to consult in class, while you prepare for class, and as you review after class, as I find student learning to be higher in those students who have hard copies and who regularly consult them. Nevertheless, for those who prefer online access, you can type the code section (e.g., IRC 61) or treasury regulation (e.g., TR 1.61-2) into your browser’s search box, and the first item to come up will be the Legal Information Institute’s version of the code section or regulation. The LII is hosted by Cornell law school. Whether online or hard copy, you do need to have access to the Code and regs in class, as we shall be regularly consulting the language of the Code and regs, as every good tax lawyer does.

Though the exam is “open book,” you will not be able to access the internet during the final exam, so those of you choosing online access will want to print out the Code sections and Treasury Regulations that you wish to have with you during the final exam. (That’s one advantage of having the hard copy of the Code and Regs.)

Class 1: p. 1-22.