The basic approach to teaching taxation hasn''t changed in decades. Today''s student deserves a new approach. McGraw-Hill''s Taxation of Business Entities is a bold and innovative new textbook that''s already generating enthusiasm across the country. McGraw-Hill''s Taxation Series is designed to provide a unique, innovative, and engaging learning experience for students studying taxation. The breadth of the topical coverage, the storyline approach to presenting the material, the emphasis on the tax and nontax consequences of multiple parties involved in transactions, and the integration of financial and tax accounting topics make this book ideal for the modern tax curriculum.