CCH's 2007 Federal Taxation: Comprehensive Topics (15th Edition) is a popular teacher-created combination first- and second-level tax course that offers comprehensive one-volume coverage of all
the most important tax concepts and principles for a solid grounding in federal taxation. It offers clear and concise explanation of fundamental tax concepts in the framework of today's tax
practice. Covering both planning and compliance, the book strikes an effective balance between AICPA model curriculum demands and the favored approaches of the majority of today's top tax
teachers.CCH's Comprehensive Topics introduces students to the complex and absorbing study of federal taxation, covering a broad range of subjects beginning with basic concepts and individual
taxation. Once the fundamentals are covered, tax accounting and the taxation of partnerships and corporations become the focus. The final section of the book presents estate and gift taxation
coverage, along with income taxation of trusts and estates. Deferred compensation, education savings, international tax, and state and local taxation are also addressed. Written by top tax
teachers from across the country, CCH's Federal Taxation: Comprehensive Topics presents materials in straightforward language to improve student comprehension. Emphasis is given to the most
important topics that have the greatest real-world impact. This new edition reflects important new legislation on hurricane relief, energy, tranportation, technical corrections and other tax
developments that took place throughout the year. Also featured is new expanded coverage of deferred compensation and the domestic production deduction under Code Section 199.