ACCT 401 is Liberty's individual taxation course in the BS in Accounting. Its written work is four group forums and a comprehensive problem from the textbook, prepared in tax software and submitted as a PDF return; Connect homework and four exams carry most of the points.
Liberty's catalog lists the course as ACCT 401 Individual Taxation, 3 credit hours; Canvas and the course guide file print it as ACCT401.
What ACCT 401 covers
The catalog description: This course provides applied learning techniques of the U. S. federal taxation system. Emphasis is placed on individual and self-employed taxpayers through the study of the Internal Revenue Tax Code. The role of technology in the preparation and data collection of information will be included.
The course gives applied learning in the U.S. federal tax system, emphasizing individual and self-employed taxpayers through study of the Internal Revenue Code, and includes the role of technology in tax preparation and data collection. The text is Spilker et al., Taxation of Individuals and Business Entities.
Connect homework (275 points) and four exams (400) have no guide here. Weeks alternate between new chapters and review weeks with homework and an exam.
Textbook named in the published guide: Spilker et al., Taxation of Individuals and Business Entities - Custom (2018). Check the current edition in your Canvas section.
ACCT 401 assignments, week by week
Every graded written assignment in the published guide has its own how-to guide below. Quizzes, exams, checklists and class introductions are left out because there is nothing to write.
| Week | Assignment | Points | Length |
|---|---|---|---|
| 1 | Group Discussion Board Forum 1 | 50 | Thread at least 500 words; replies at least 250 words |
| 3 | Group Discussion Board Forum 2 | 50 | Thread at least 500 words; replies at least 250 words |
| 5 | Group Discussion Board Forum 3 | 50 | Thread at least 500 words; replies at least 250 words |
| 7 | Group Discussion Board Forum 4 | 50 | Thread at least 500 words; replies at least 250 words |
| 7 | Comprehensive Problem | 125 | A completed return as a PDF |
Week 1: Group Discussion Board Forum 1
A 500-word thread with 2 citations beyond the textbook and two 250-word replies. How to write ACCT 401 Week 1 Group Discussion Board Forum 1.
Week 3: Group Discussion Board Forum 2
The second group forum, with the same rules. How to write ACCT 401 Week 3 Group Discussion Board Forum 2.
Week 5: Group Discussion Board Forum 3
The third group forum, with the same rules. How to write ACCT 401 Week 5 Group Discussion Board Forum 3.
Week 7: Group Discussion Board Forum 4
The last group forum, with the same rules. How to write ACCT 401 Week 7 Group Discussion Board Forum 4.
Week 7: Comprehensive Problem
Complete the textbook's comprehensive problem in tax software of your choice and submit the return as a PDF. How to write ACCT 401 Week 7 Comprehensive Problem.
How ACCT 401 is graded
The published guide totals 1,010 points. The four group forums are 50 each (200), the comprehensive problem 125, Connect homework 275, four exams 400 and the checklist 10.
| Graded item | Points |
|---|---|
| Group Discussion Board Forums (4) | 200 |
| Comprehensive Problem | 125 |
| Connect Homeworks (4) | 275 |
| Exams (4) | 400 |
| Course Requirements Checklist | 10 |
The published scale puts an A at 900 to 1010 points.
Week timing in the published guide: Each course module/week (except Module/Week 1) begins on Tuesday morning at 12:00 a.m. (ET) and ends on Monday night at 11:59 p.m. (ET). The final module/week ends at 11:59 p.m. (ET) on Friday.
How to approach ACCT 401
Choose tax software early for the comprehensive problem. The guide lets you use any software that can produce a PDF; many students use the free IRS Free File Fillable Forms or student editions of professional software.
Forum threads need 2 citations other than the textbook; IRS publications and tax journal articles work well.
Questions students ask
What is the ACCT 401 comprehensive problem?
A comprehensive problem from the textbook, prepared with tax software of your choosing and submitted as a PDF file.
How long are ACCT 401 forum posts?
One thread of at least 500 words with at least 2 citations other than the textbook, and replies of at least 250 words to 2 classmates.
Working through ACCT 401 now?
Tell us the week and the assignment. A tutor who knows the course replies with a plan for the draft.