The Master of Science program in Taxation is designed to provide the student with the technical expertise needed to succeed as a tax professional. This requires a high level of knowledge and understanding of the fundamental principles and practices of taxation. Both entry-level and experienced professionals (i.e., accountants and attorneys) will benefit from this educational experience.
Emphasis is placed on tax planning, research of tax problems, and Internal Revenue procedures. Risk management and professional ethics are interwoven thoughout the curriculum. A specialized tax library, including computerized research tools, is maintained to facilitate research.
The program consists of a minimum of 30 credits of coursework: 18 credits in required core courses and 12 credits in specialized elective courses.
Required Prerequisites to the Program:
A four-year baccalaureate degree from an accredited institution, including 6 credits of accounting and 3 credits each of taxation and business law, is normally required before formal entry into the program. A student who lacks any of these prerequisites is required to take them before registering for graduate taxation courses.
Required Core (18 credits):
TAX 620 Tax Accounting
TAX 625 Federal Taxation of Estates, Gift, and Trusts
TAX 760 Tax Research
TAX 762 Procedures and Practices in Federal Taxation
TAX 771 Corporate Taxation
TAX 775 Partnership and Limited Liability Entities
Taxation Electives (12 credits):
TAX 729 State and Local Taxation
TAX 772 Corporate Reorganizations
TAX 773 Consolidated Returns
TAX 776 Subchapter S Corporations
TAX 777 Estate Planning
TAX 779 Tax-Exempt Organizations
TAX 780 Fundamentals of Qualified Employee Benefit Plans
TAX 788 International Taxation
TAX 790 Seminar in Current Developments in Taxation
TAX 791 Independent Study
Note: A student may petition the program coordinator to substitute an accounting, business, or economics course as an elective. Such a substitution shall be limited to one course in the student's program of study. A minimum of 27 credits of coursework must be in the taxation field.
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