Aspen Publishing

Basic Federal Income Taxation, Seventh Edition

William D. Andrews, Peter J. Wiedenbeck


  • ISBN: 9781454824985

In stock.

  • Description

    This perennially popular book features a highly regarded author team and offers the most intellectual depth of any tax casebook. Regarded as the most insightful, policy-oriented, and coherent treatment of the field, Basic Federal Income Taxation, 7E includes more of the classic, foundational cases than most other tax casebooks and provides the best available coverage of capital gains. 

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  • Details
    Page Count 1320
    Published 01/20/2015
  • Additional Product Details

    Detailed Table of Contents (PDF Download)


    Chapter 1 — Introduction

    Part I — Income 
    Chapter 2 — Income in Kind 
    Chapter 3 — Compensation for Losses 
    Chapter 4 — Gifts and Kindred Items 
    Chapter 5 — Capital Appreciation 
    Chapter 6 — Return of Capital and Timing Issues 
    Chapter 7 — Receipts Subject to Offsetting Liabilities 
    Chapter 8 — Tax Expenditures: State and Municipal Bond Interest

    Part II — Deductions and Credits 
    Chapter 9 — Deductions, Credits, and Computation of Tax
    Chapter 10 — Interest, Taxes, and Casualty Losses 
    Chapter 11 — Charitable Contributions and Tax Exemption 
    Chapter 12 — Personal, Living, or Family Expenses 
    Chapter 13 — Business and Investment Expenses 
    Chapter 14 — Losses 
    Chapter 15 — Capital Cost Recovery
    Chapter 16 — Leverage, Leasing, and Tax Shelter Limitations

    Part III — Attribution of Income Among Taxpayers 
    Chapter 17 — Taxation and the Family 
    Chapter 18 — Investment Income

    Part IV — Capital Gains and Losses 
    Chapter 19 — Capital Gains 
    Chapter 20 — Capital Losses 
    Chapter 21 — Future Income Streams 

    Appendix — Rates of Return and Effective Rates of Tax on Investments 
    Table of Cases 
    Table of Statutes 
    Table of Treasury Regulations, Revenue Rulings and Procedures, and Miscellaneous IRS Pronouncements 

  • Author Information

    William D. Andrews

    William D. Andrews is an Eli Goldston Professor of Law Emeritus at Harvard Law School. His research interests include taxation in general and taxation of income from partnerships and corporation transactions. After first being appointed lecturer on law in 1961, he became an assistant professor of law in 1963 and a professor of law in 1965. He has held the position of Eli Goldston Professor of Law since 1984. Representative article publications include Inside Basis Adjustments and Hot Asset Exchanges in Partnership Distributions, 47 Tax Law Review 3 (1991), and A Consumption-Type or Cash-Flow Personal Income Tax, 87 Harvard Law Review, 1113 (1974).

    Peter J. Wiedenbeck

    Peter J. Wiedenbeck is a Joseph H. Zumbalen Professor of Law at Washington University in St. Louis School of Law. Following law school, he practiced in Washington, D.C., with the firm Patton, Boggs & Blow (now Patton Boggs LLP), specializing in matters involving federal tax legislation and tax policy. He began his teaching career in 1982 at the University of Missouri-Columbia, and in 1989 he was a visiting professor at Cornell Law School. Wiedenbeck joined the Washington University law faculty in 1990. From 2003 to 2007 he served as associate dean of faculty. He was named the Joseph H. Zumbalen Professor of the Law of Property in 2004.
    Peter Wiedenbeck is an expert in the areas of federal income taxation and the regulation of employee benefit plans. ERISA in the Courts, a book for federal judges on the labor law regulation of employee pension and welfare benefit plans under the Employee Retirement Income Security Act of 1974, was published by the Federal Judicial Center in 2008. Other major publications include two casebooks, Cases and Materials on Employee Benefits (West 1996) (with Russell Osgood) and Cases and Materials on Partnership Taxation (West 1989) (with Curtis Berger), and numerous law journal articles. Among his articles are The Ideological Component of Judging in the Taxation Context, Washington University Law Review (2006) (with Nancy Staudt and Lee Epstein), Nondiscrimination in Employee Benefits: False Starts and Future Trends, Tennessee Law Review (1985), and Charitable Contributions: A Policy Perspective, Missouri Law Review (1985).
    Wiedenbeck has received several awards for outstanding teaching, including the Alumni Distinguished Teaching Award (2007), and the Washington University Distinguished Faculty Award (2003).

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