Credits 5 / 5 Contact Hours Pre-requisite: Placement into ENGL-100 (ACSR-100) or completion of RDNG-030, ACLT-075 or ACLT-076; ACCT-201 with a minimum 2.0 grade. Income Tax Accounting concentrates on the taxation of individuals from a historical and theoretical perspective as well as preparation of individual income tax returns under current tax law. Recent tax software is used to prepare a comprehensive individual income tax return.