Fundamentals of Federal Income Taxation: 20th Edition, Lind

Fundamentals of Federal Income Taxation 20th Edition Lind

ISBN 9781685611927

This widely-used casebook offers comprehensive coverage of federal income taxation, including targeted assignments from the Internal Revenue Code, selected cases, IRS regulations, and rulings.

Marking the 50th anniversary of its first publication, the revised and updated Twentieth Edition welcomes Professor Heather M. Field (University of California College of the Law, San Francisco) as a new author.

Key Features of the Twentieth Edition:

• Continuity and Updates: While maintaining its trusted format and core content, the edition incorporates legislative, judicial, and regulatory developments to ensure relevance and accuracy.
• Enhanced Tax Policy Materials: Expanded discussions delve into:
  • Fundamentals of tax policy.
  • A comparative analysis of income definitions under the Internal Revenue Code and Haig-Simons.
  • The realization requirement for gains and losses.
  • Arguments for and against the stepped-up basis under Section 1014.
  • A critique of tax expenditures.
  • Preferential treatment of capital gains.

Notable Additions and Updates:

The casebook includes new or revised coverage, often accompanied by practical problems, on topics such as:

1. Judicial review of Treasury regulations.
2. Taxation of virtual currencies.
3. Exclusions for discharged student loans.
4. Section 274 limitations on entertainment and meal deductions.
5. Section 280A limitations on home office expenses.
6. Section 280E limitations on deductions for expenditures related to illegal drug sales.
7. Adjusted gross income and miscellaneous itemized deductions.
8. The tax benefit doctrine.
9. Net operating losses.
10. Special Opportunity Zones.
11. The definition of “real property” under Section 1031.

This edition continues the casebook’s tradition of integrating practical assignments and theoretical discussions, equipping students with a robust understanding of federal income tax law and its broader implications.

Fundamentals of Federal Income Taxation 20th Edition Lind - 978-1685611927