FULLY UPDATED FOR CURRENT TAX LAWSThe bold and innovative Mc Graw Hill Taxation series is now the most widely adopted code-based Tax title across the country. It’s apparent why the clear, organized, and engaging delivery of content, paired with the most current and robust tax code updates, is used by more than 650 schools.The breadth of the topical coverage, the storyline approach to presenting the material, the emphasis on the tax and non-taxconsequences of multiple parties involved in transactions, and the integration of financial and tax accounting topics make this book ideal for the modern tax curriculum. Story Line Approach: Each chapter begins with a story line that introduces a set of characters or a business entity facingspecific tax-related situations. Examples related to the story line allow students to learn the code in context. Integrated Examples: In addition to providing examples incontext, we provide "What if" scenarios within many examples to illustrate how variations in the facts might or might not change the answers.More than 100 Videos: Guided Example hint videos provide students with on-demand walk-throughs of key Taxtopics, offering narrated, animated, step-by-step solutions to algorithmic variants for select exercises similar to thoseassigned.Conversational Writing Style, Superior Organization, and Real-World Focus