The Master of Science in Taxation program provides an integrated
program of study that provides the foundation for exceptional performance and
leadership in the field of taxation. Students admitted to the program
are presumed to aspire to attain the highest levels of responsibility in their
firms, businesses, and organizations by adding value through technical
competencies; analytical, communications and interpretive skills; and
leadership to their clients or organizations.
Individuals with an M.B.A. degree or students currently enrolled in
the M.B.A. program may have up to six of their M.B.A. courses count toward the
requirements of the Master of Science in Taxation degree. The exact
number of courses that can be double-counted in this manner depends upon the
specific content and age of coursework.
PROGRAM PREREQUISITES
Students must have an adequate background in
financial accounting and tax treatment of individuals, corporations,
partnerships and property transactions. Those who do not must take ACC 500, ACC
548 and ACC 551. These courses are in addition to the MST minimum requirements.
Certified Public Accountants may submit proof of certification instead of GMAT
test results for admission.
CURRICULUM
Students complete the M.S. in Taxation degree by taking 12 courses.
Five of the 12 courses are required. Three of the 12 are selected from
among a list of electives in Taxation. Four of the 12 courses may be
electives selected from any area of the Kellstadt Graduate School of Business, with exceptions and restrictions
as noted below.
Students are expected
to choose their electives in consultation with the faculty director of the program.
Required Courses - TAX RESEARCH (ACC 558)
- TAXATION OF CORPORATIONS AND SHAREHOLDERS
(ACC 560)
- TAX ACCOUNTING, PERIODS AND METHODS (ACC
565)
- FEDERAL INCOME TAX PROCEDURES (ACC 566)
- SEMINAR IN CURRENT PROBLEMS IN TAXATION
(ACC 598)
Electives in Taxation (Three Required)
- TOPICS IN INDIVIDUAL AND CORPORATE TAXATION (ACC 559)
- CORPORATE REORGANIZATIONS (ACC 561)
- CONSOLIDATED RETURNS (ACC 562)
- PARTNERSHIPS (ACC 563)
- TRANSACTIONS IN PROPERTY (ACC 564)
- INTERNATIONAL ASPECTS OF U.S. TAXATION
(ACC 567)
- TAXATION OF CLOSELY HELD CORPORATIONS
(ACC 568)
- CONCEPTS OF DEFERRED COMPENSATION (ACC
569)
- CONCEPTS OF STATE INCOME TAXATION (ACC
570)
- ESTATE AND GIFT TAXATION (ACC 571)
- CONCEPTS OF STATE PROPERTY AND TRANSACTION TAXATION (ACC 572)
- INCOME TAXATION OF ESTATES, TRUSTS AND DECEDENTS (ACC 573)
- ESTATE PLANNING (ACC 574)
- VALUATION PRACTICES (ACC 576)
- TAXATION OF FINANCIAL PRODUCTS AND MARKET PARTICIPANTS (ACC 577)
- ACCOUNTING FOR INCOME TAXES (ACC 580)
- TAXATION OF REAL ESTATE (ACC 581)
- ADVANCED CONCEPTS IN INTERNATIONAL TAXATION (ACC 582)
- TAX EXEMPT ORGANIZATIONS (ACC 591)
- SPECIAL TOPICS IN TAXATION (ACC 798)
Free Electives (Four Required)
May be tax courses, or non-tax courses with the approval of the
faculty director, but may not include ACC 500, ACC
541, ACC 542, ACC 543,
ACC 545, ACC 547, ACC 548, ACC 550, ACC 551, ACC 552, ACC
555, ACC 584,
ACC 640,
BLW 500, ECO 500,
ECO 509,
MGT 500 or MGT 502.
M.S.T. DEGREE REQUIREMENTS
1. Satisfactory completion
of the college residency requirement.
2. Satisfactory completion
of 45 quarter hours applicable to the degree.
3. Satisfactory completion
of at least eight taxation courses or a minimum of 32
quarter hours in
taxation.
4. All courses for credit
toward the degree must be completed with satisfactory
grades within six
calendar years after the candidate’s first term of enrollment
in the Kellstadt
Graduate School of Business. After a lapse of six years a
course is expired. An
expired course is not acceptable for the purpose of
satisfaction of degree
requirements and is not applicable to the degree
without the written permission
of the program director or the Kellstadt
Graduate School of Business.
Specialized Masters Programs 
