Amy C. McCormick

Amy C. McCormick
[Hi-Res Photo]
Professor of Law Emerita
Law College Building
648 N. Shaw Lane Rm 430B
East Lansing, MI 48824-1300

  • Biography

    A member of the Michigan, California, and District of Columbia Bars, Professor McCormick has practiced tax controversy and tax planning with Miller & Chevalier in Washington, D.C. While at Harvard Law School, she worked in the Volunteer Income Tax Assistance program as well as in the Poverty Law Clinic. She has published a variety of scholarly articles that have appeared in top-credentialed legal periodicals. Professor McCormick also regularly participates in scholastic symposia. Professor McCormick teaches Basic Income Taxation A and B, International Taxation, Estate and Gift Taxation, and Tax Policy.

  • Degrees

    J.D., cum laude, Harvard Law School, 1991; B.S.B.A., magna cum laude, Georgetown University 1988

  • Curriculum Vitae
  • Courses

    Basic Income Taxation A
    (Formerly DCL 249) A survey course introducing the basic concepts of federal income taxation. Students will gain an understanding of the concepts of gross income, exclusions from income, capital gains and losses, and deductions. Students will also be exposed to tax issues that often arise for clients in the general practice of law. Topics likely to be covered include tax consequences: upon the sale of a residence; upon divorce; and in personal injury cases. Students will develop facility in analyzing both cases and statutes.

    Basic Income Taxation B
    (Formerly DCL 250) Like Basic Income Taxation A, this course introduces the basic concepts of federal income taxation. Basic Income Taxation B, however, goes beyond a survey course by a rigorous examination of technical tax issues, including a focus on solving complex tax problems. This course is ideal for students interested in pursuing legal practice in the tax or business fields. Students will be exposed to the same topics covered in Basic Income Taxation A, but will also study additional topics. Topics likely to be covered include: business and profit-seeking expenditures, capital expenditures, depreciation, the home-office deduction, tax planning for divorce, non-recourse debt, including issues relating to basis and amount realized, and anti-tax abuse provisions limiting tax shelters, including at-risk rules and active participation requirements. In resolving problems, students will have ample opportunity to develop facility in interpreting complex statutes and in applying law from various additional sources. Moreover, the themes studied will allow students to understand that tax legislation is a dynamic process in which the law evolves as a result of taxpayers devising new strategies and from policymakers' responses.

    Estate and Gift Taxation
    (Formerly DCL 381) This course will examine a decedent's gross estate and the determination of appropriate deductions therefrom, including the marital deduction, as well as how the tax is computed. Issues regarding taxable gifts, deductions, exclusions and exemptions will be explored, as well as computation of gift tax.

    Tax Policy Seminar
    (Formerly DCl 517) This seminar covers a range of tax policy issues arising from Federal Taxation. The specific issues studied will vary but, in general, will focus on progressivity and redistribution. Topics likely to be covered include: the use of the income tax as a fiscal policy tool; the concept of income; imputed income; progressive versus flat tax rates; taxation of families; income versus consumption taxation; tax expenditures, exclusions, and deductions; taxation of business and investment income; capital gains and losses; and transfer or wealth taxes. A paper will be required. The topic will be determined after consultation with the instructor.

  • Bar Admission(s)

    Michigan (2000), District of Columbia (1992), California (1991)