6Master today's tax concepts and current tax law with SOUTH-WESTERN FEDERAL TAXATION 2022: ESSENTIALS OF TAXATION: INDIVIDUALS AND BUSINESS ENTITIES, 25E and accompanying professional tax software. This concise guide focuses on the most recent tax laws impacting individuals, corporations, partnerships, estates, trusts and financial statements. Updates emphasize the latest tax changes and 2021 developments, including coverage of the Tax Cuts and Jobs Act of 2017 with guidance from the treasury department. Recent examples, updated summaries and tax scenarios clarify concepts and sharpen critical-thinking, writing and research skills, while sample questions from Becker C.P.A. Review assist in study. Each new book includes access to Intuit ProConnect tax software, Checkpoint (Student Edition) from Thomson Reuters and CengageNOWv2 online homework tools. Use these resources to prepare for professional exams or to begin study for a career in tax accounting, financial reporting or auditing.