Federal Income Taxation in Focus (w/ Connected eBook with Study Center)

Edition : 3rd ed., 2026
Author(s) : Dexter

Federal Income Taxation in Focus (w/ Connected eBook with Study Center)
- ISBN: 9798894105628
- SKU: 99718
- Condition: New
- Format: Hardcover/Access Code
$301.44

List Price: $314.00

Out Of Stock
CLICK HERE to get notified when this item is back in-stock!

Get notified when this product is back in stock

Description

Purchase or rental of a new Connected eBook with Study Center includes a new print textbook PLUS a full ebook version of your text; outlining and case briefing tools; a variety of practice questions; straightforward explanations of complex legal concepts; and progress indicators to help you better allocate your study time.

Order now to get INSTANT ACCESS to the ebook and other digital tools — just redeem the access code sent in your order confirmation email!

The third edition of Federal Income Taxation in Focus continues to prepare students for the rigors of sophisticated tax practice and the challenges of more advanced courses in federal tax law. Author Bobby L. Dexter's engaging narrative style and generous use of examples and illustrations make tax law more enjoyable and interesting for students. The concepts, rules, and technical nuances of tax law are presented within a clear and logical framework. Hands-on pedagogy such as Real Life Applications, Applying the Concepts, and Federal Income Taxation in Practice provide plenty of opportunities for students to exercise such practice-based skills as critical analysis, problem solving, drafting legal documents, and preparing appropriate filings.

New to the Third Edition

Major updates from key legislative developments in the 2025 Tax Act (Public Law 119-21), including:
- Tax rate relief
- SALT cap enhancement (temporary)
- Personal exemption for senior citizens (temporary)
- Enhancements of the Child & Dependent Care Tax Credit and the Child Tax Credit
- Deduction for Qualified Passenger Vehicle Loan Interest (temporary)
- Deduction for Qualified Tip Income (temporary)
- Deduction for Qualified Overtime Compensation (temporary)
- Expensing of domestic research and experimentation costs
- Modified treatment of wagering losses
- Modified treatment of the charitable contribution deduction
- Targeted limitation on overall benefit of itemized deductions
Highlights from significant judicial developments from the U.S. Supreme Court
- Loper Bright Enterprises v. Raimondo (regarding Chevron deference)
- Moore v. United States (regarding realization and allocated income)
New cases and IRS pronouncements on key topics, including:
- Innovative, modern forms of illegal income (and potential innocent spouse relief)
- Medical expenses for the treatment of opioid abuse, nicotine addiction, and obesity
- Virtual currency transactions and modern authority on the annual accounting mandate
- Qualified intermediaries in the deferred like-kind exchange context
Fresh problems on the deductibility of cyberattack ransom and the use of Artificial Intelligence in research and development
2023 Form 1040 of President Joe Biden and First Lady Dr. Jill Biden as well as the 2023 Form 1040 (Schedule A) of Vice-President Kamala Harris and Second Gentleman Douglas Emhoff
Engaging new visuals to spark policy discussion and enrich students' knowledge base

Federal Income Taxation in Focus (w/ Connected eBook with Study Center)

Related Products

Examples & Explanations: Federal Income Tax

Principles of Federal Income Taxation (Concise Hornbook Series)

Understanding Series: Understanding Federal Income Taxation

Concepts & Insights Series: Federal Income Taxation