Course – 2 – Federal Taxation II Property Transactions of Business Owners and Shareholders

This course focuses on the tax rules that apply when business owners and shareholders buy, sell, or exchange property. Property can include things like buildings, land, equipment, and even stocks. The course covers how these transactions are taxed, including the calculation of gains or losses, and the special rules that may apply to different types of property. Understanding these rules helps business owners and shareholders make smart decisions to minimize their tax bills and comply with federal tax laws.