The Falkens: A Tax Case

Abstract

Personal finance students want to learn about taxes. Personal finance texts, however, often concentrate on an overview of the tax system; since rules and forms change annually, textbook authors concentrate their short problems on the fundamentals. The Falken case allows students to use actual forms and schedules to complete a comprehensive example. Instructors can include only those “modules” that meet their students’ needs, and they easily can update the exhibits as laws change.