Description

Test Bank & Solutions Manual for Principles of Taxation for Business and Investment Planning (2025 ISE Edition) – Sally M. Jones

Master Modern Tax Strategy Through Real-World Business and Investment Contexts

📘 Overview of the Textbook

The 2025 International Student Edition of Principles of Taxation for Business and Investment Planning by Sally M. Jones is fully updated to reflect the most current U.S. tax laws. This resource is designed to help students understand how taxes influence business strategies and investment decisions—not just the tax code itself.

Unlike traditional, detail-heavy tax textbooks, this edition focuses on foundational concepts and strategic thinking, making it especially useful for business students who need a clear understanding of tax implications on decision-making.

🎯 Key Learning Focus

• ✅ Strategic Use of Tax Principles in business operations and investment planning

• ✅ Real-world context for taxation’s role in business decisions

• ✅ Simplified approach to make tax planning less technical and more accessible

• ✅ Clear focus on decision-making, not just tax code memorization

🔍 What Sets This Title Apart?

This edition:

• Explains taxation through practical business applications, not dense theory

• Reduces technical jargon to make tax planning approachable

• Emphasizes how tax laws impact entrepreneurship, investments, and entity selection

• Helps students anticipate and adapt to ongoing changes in tax policy

🧠 Ideal For:

• 📚 Business, accounting, and finance students

• 🧑‍🏫 Instructors needing structured, exam-ready resources

• 💼 Professionals aiming to strengthen their understanding of tax-influenced decision making

📚 Complete Table of Contents

PART 1: Exploring the Tax Environment

1. Taxes and Taxing Jurisdictions

2. Policy Standards for a Good Tax

PART 2: Fundamentals of Tax Planning

3. Taxes as Transaction Costs

4. Maxims of Income Tax Planning

5. Tax Research

PART 3: The Measurement of Taxable Income

6. Taxable Income from Business Operations

7. Property Acquisitions and Cost Recovery Deductions

   • Appendix 7–A: Midquarter Convention Tables

8. Property Dispositions

9. Nontaxable Exchanges

PART 4: The Taxation of Business Income

10. Sole Proprietorships, Partnerships, LLCs, and S Corporations

• Appendix 10–A: QBI Deduction Calculation in the Phase-In Range

11. The Corporate Taxpayer

• Appendix 11–A: Reconciling Book vs. Taxable Income (Schedule M-3)

12. The Choice of Business Entity

13. Jurisdictional Issues in Business Taxation

PART 5: The Individual Taxpayer

14. The Individual Tax Formula

15. Compensation and Retirement Planning

16. Investment and Personal Financial Planning

• Appendix 16–A: Comprehensive Schedule D Problem

17. Tax Consequences of Personal Activities

• Appendix 17–A: Social Security Worksheet (IRS Publication 915)

PART 6: The Tax Compliance Process

18. The Tax Compliance Process

Appendices

• A: Present Value of $1

• B: Present Value of an Annuity of $1

• C: 2023 Income Tax Rates

✅ Why Use This Test Bank and Solutions Manual?

• Aligned with chapter objectives for focused studying

• Provides step-by-step solutions and exam-style questions

• Ideal for CPA preparation and university-level coursework

• Designed for practical application, not just memorization