Trust the number one tax preparation text to introduce your students to individual income tax preparation using a proven forms approach in a hands-on workbook format. As the market-leading tax preparation text for 26 years, Whittenburg/Altus-Buller's INCOME TAX FUNDAMENTALS, 2008 EDITION, Twenty-Sixth Edition, provides a concise, yet complete, practical introduction to the most important areas of the tax law for your students. Easy-to-digest sections of tax information throughout this edition incorporate numerous real examples using actual tax forms. New features in this edition present intriguing, and even humorous, actual tax situations to maintain student interest. Strategically placed self-check problems provide immediate feedback before students proceed to the next section. Strong end-of-chapter reinforcement, including online interactive quizzes, further prepares students for future exams and career success. Up-to-the-minute tax information, revised each year to reflect the current tax law, ensures you are presenting the latest information, while New Law Alerts sections detail the effects of the latest tax laws. With the help of INCOME TAX FUNDAMENTALS' comprehensive support package and complete proven presentation, your students leave your course with the knowledge and skills to handle the challenges today's tax preparers frequently face.

INCOME TAX FUNDAMENTALS has led the market for more than twenty years with concise, practical, and current coverage of individual income tax preparation. Whittenburg and Altus-Buller's text/workbook format presents material in easy-to-digest sections with self-checks, online quizzes and activities, multiple examples, and review problems. Income Tax Fundamentals is the perfect text for a hands-on approach to tax in many class settings, including four-year colleges, community colleges, or career schools. This text is revised annually to reflect the current tax law. Tax Preparation software is included. The purpose of the Whittenburg text is to teach the most important and practical areas of the tax law to students, using a building block approach, with feedback at the end of each section. By the end of the text, the student should be able to prepare a fairly difficult return containing many of the elements seen frequently by taxpayers and tax preparers.

Master tax law with INCOME TAX FUNDAMENTALS, 2007 Edition. With concise, practical, and current coverage of individual income tax preparation, this taxation text prepares you to understand tax law by using the building block approach with feedback at the end of each section. The text/workbook format saves you time by presenting material in easy-to-digest sections with self-checks, online quizzes and activities, multiple examples, and review problems.

Gerald E. Whittenburg is a professor of accounting and taxation at San Diego State University. He received his Ph.D. from the University of Houston. Whittenburg's professional designations include Certified Public Accountant, Certified Management Accountant, and Enrolled Agent. Dr. Whittenburg's research interests have focused on corporate and individual taxation, as well as the tax research process. His articles on these and other topics have appeared in such journals as the ACCOUNTING REVIEW, ADVANCES IN TAXATION, JOURNAL OF TAXATION, TAXATION FOR ACCOUNTANTS, TAXES, MANAGEMENT ACCOUNTING, PRACTICAL TAX STRATEGIES, JOURNAL OF TAXATION OF INVESTMENTS, VALUATION STRATEGIES, JOURNAL OF SMALL BUSINESS STRATEGY, JOURNAL OF TAXATION OF FINANCIAL INSTITUTIONS, THE TAX ADVISER, TAX NOTES, REAL ESTATE ACCOUNTING AND TAXATION, and JOURNAL OF ACCOUNTING EDUCATION. Dr. Whittenburg has authored several tax textbooks, including INCOME TAX FUNDAMENTALS, CALIFORNIA INCOME TAX FUNDAMENTALS, and FEDERAL TAX RESEARCH. His books are used in more than 300 colleges and universities throughout the United States. Whittenburg received a California State University (CSU) Trustee's Outstanding Faculty Award in 1991. This award was competitive across the entire 20-campus CSU system. Dr. Whittenburg was a visiting scholar at the University of Adelaide (Australia) in 1999 and 2005. In 2003, he received a Fulbright Senior Specialist grant at the Academy of Tax Services of Ukraine. While in Ukraine, he lectured students and conferred with the faculty and staff on income taxation in the United States.Martha Altus-Buller is a CPA with her own tax practice in San Diego, California. She attended Reed College in Portland, Oregon for two years, holds a BA in Mathematics from the University of California at San Diego and a MS in Accounting from San Diego State University. She won a Sells award for scoring among the top in the country on the May 1983 CPA exam. Her practical experience includes work as a tax manager for Arthur Young, now ErnstandYoung, one of the (then) Big 8 accounting firms, and more than two decades of full-time practice in tax accounting.

1. The Individual Income Tax Return. 2. Gross Income and Exclusions. 3. Business Expenses and Retirement Plans. 4. Self-Employed and Employee Expenses. 5. Itemized Deductions and Other Incentives. 6. Credits and Special Taxes. 7. Accounting Periods, Methods, and Depreciation. 8. Capital Gains and Losses. 9. Withholding, Estimated Payments, and Payroll Taxes. 10. Partnership Taxation. 11. The Corporate Income Tax. 12. Tax Administration and Tax Planning. Appendix A: Tax Rate Schedules and Tax Tables. Appendix B: Earned Income Tax Credit Table. Appendix C: Withholding Tables. Appendix D: Extra Tax Forms. Appendix E: Additional Comprehensive Tax Return Problems.