Product Overview:
With Law School Legends, you’ll get a brilliant law school professor explaining an entire subject to you in one simple, dynamic lecture. Law School Legends makes even the most difficult concepts crystal clear. You’ll understand the big picture and how all the concepts fit together. You’ll get hundreds of examples and exam tips, honed over decades in the classroom. But best of all, you’ll get insights you can only get from America’s greatest law professors.

Overview of Major Topics Covered:
History; Gross Income; Basic Tax Formula; Exclusions from Gross Income; Employment-Related; Gifts and Inheritances; Municipal Bond Interest; Personal Injury Awards; Computing Gains or Losses; Basic § 1001 Formula; Basis; Transfers Between Spouses; Nonrecognition Rules (Like-Kind Exchanges, Involuntary Conversions, Sale or Exchange of a Principal Residence); Alimony and Child Support; Business Income; Ordinary and Necessary; Business Expenses; Capitalization; Business or Investment Losses; Calculating Taxable Income; Adjusted Gross Income; To Whom It Is Income; Assignment of Income; Contingent Fees; The “Kiddie Tax”; When It Is Income; Accrual Method; Installment Sales; Annual Accounting; Ordinary Income v. Capital Gain; Basic Rate Structure; Netting Rules; Capital Assets; Quasi-Capital Assets; Shareholder Dividends

About the Professor:
Professor Cheryl D. Block received her J.D. from SUNY-Buffalo School of Law, where she was an editor of the SUMY-Buffalo Law Review. Professor Block currently teaches taxation at the George Washington University Law School where she was awarded the Distinguished Faculty Service Award. She has authored numerous articles and a book on taxation. Professor Block also lectures throughout the country for bar exam preparation on taxation issues.