Pearson's Federal Taxation 2024 Individuals

Pearson's Federal Taxation 2024 Individuals, 37th Edition, is an English-language textbook designed for accounting students and individuals studying federal taxation. Authored by Mitchell Franklin and Luke E. Richardson, the text presents fundamental federal taxation principles and individual taxation mandates intended to assist in accounting career preparation.

The content outlines tax determination mechanisms alongside gross income inclusions and exclusions. It further details property transactions, capital gains, business expenses, itemized deductions, cost recovery, and accounting periods, while introducing specialized tax computations, tax credits, tax research, and introductory entity concepts for corporations, partnerships, and S corporations.

This edition includes updated federal tax rules established in 2022 and early 2023. The volume directly supports coursework centered on individual income tax statutes and tax planning fundamentals.