This course considers the application of taxes as a component of decision-making for individuals and businesses. Taxes can have a significant impact on the viability of a number of personal finance and business decisions. The importance of management’s consideration of tax laws in decision-making, examining the tax consequences of prospective business decisions and responsive strategies is stressed. While the focus is on Federal taxes, state tax implications are also studied, including multi-state tax planning. Prerequisites: ACC 206 Intermediate Accounting II, ACC 322 Taxes II