The Advanced Certificate in Taxation (ACT) is a post-graduate certificate program for tax professionals who already have an advanced degree in business.

Tax professionals can take up to 5 courses (4 of the 5 must be in taxation). Classes meet once per week in fall and spring, twice a week in abbreviated summer sessions. A back-to-back format allows you to take two classes in one evening.

Curriculum

Curriculum

5 Courses
15 Credits

Program Length
4-10 months of full-time study
10-16 months of part-time study

Taxation Preparation Courses (6 credits)

May be waived with credit
  • TAX-801 Issues in Federal Taxation I

    Credits:

    3.00

    Description:

    Focuses on the federal income taxation of individuals with some discussion of business taxation. Explores the basic structure of individual income taxation, including the individual tax formula, income, deductions, and credits, and provides an introduction to property transactions. Emphasizes how tax laws affect everyday personal and business decisions.

    Type:

    MBA Tax

  • TAX-861 Tax Research

    Credits:

    3.00

    Description:

    Examines the history and evolution of the tax policy and budget process in the United States and the players in that process. Considers the issues of fairness, simplicity and efficiency in the context of the current tax system and evaluating past and current tax policy to make recommendations to craft new policy. Emphasizes the ethical dimensions involved in the tax policymaking process.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

Taxation Courses (12-15 credits)

*If TAX 801 & TAX 861 are waived take five (5) Taxation courses, for a total of 15 credit hours. If TAX 801 and/or TAX 861 were not waived you must take them as part of your 15 credit hours. With the approval of the Director of Graduate Programs in Taxation, the fifth course can be another 800-level or above course offered in the Sawyer Business School.

  • TAX-862 Taxation of Corporations

    Prerequisites:

    TAX-801 and TAX-861

    Credits:

    3.00

    Description:

    Introduces concepts, principles and practices of taxation of corporations and their shareholders. Covers the effects of taxation on corporate formation, capital structures, distribution and liquidation.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

  • TAX-863 Tax of Pass-Through Entities

    Prerequisites:

    TAX-801 and TAX-861

    Credits:

    3.00

    Description:

    Presents concepts, principles, and practices of taxation of partnerships and S-corporations, including the use of pass-through entities for tax planning.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

  • TAX-864 Tax Practice and Procedures

    Prerequisites:

    TAX-801 and TAX-861

    Credits:

    3.00

    Description:

    Explores strategies of tax practice before the Internal Revenue Service. Covers tax deficiencies, assessments, claims for refunds, rulings, statutes of limitation, penalties, interest assessed, and appeals.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

  • TAX-871 Taxation of Estates, Trusts and Gifts

    Prerequisites:

    TAX-801 and TAX-861

    Credits:

    3.00

    Description:

    Identifies concepts, principles and practices of the transfer taxation of decedents' estates, trusts and lifetime gifts. Covers valuation of property subject to estate and gift taxes, Generation Skipping Transfer Taxes, and the use of trusts for tax planning.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

  • TAX-874 International Taxation II

    Prerequisites:

    TAX-801 and TAX-861

    Credits:

    3.00

    Description:

    Studies U.S. taxation of non-U.S. persons with activities in the United States. Covers source of income, business investment, and financial planning from a tax perspective for non-U.S. persons doing business in the United States. Also addresses withholding, treaty implications, and compliance and disclosure requirements.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA International Business,MBA Tax

  • TAX-876 Tax Policy

    Prerequisites:

    TAX-801, TAX-861, and 1 additional TAX course

    Credits:

    3.00

    Description:

    Covers policy considerations in the development of proposed tax legislation. Examines tax policy issues in relation to empirical, political, and legal studies. Explores the tax legislative process.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

  • TAX-802 Issues in Federal Taxation II

    Prerequisites:

    TAX-801 and TAX-861

    Credits:

    3.00

    Description:

    Presents further consideration of tax issues as they affect the sole proprietor, including the Alternative Minimum Tax, nontaxable exchanges, basis rules, and passive activities.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

  • TAX-865 International Taxation I

    Prerequisites:

    TAX-801 and TAX-861

    Credits:

    3.00

    Description:

    Introduces United States tax issues affecting foreign corporations and alien individuals. Compares United States taxing regimes applicable to United States tax residents and non-United States tax residents. Covers other topics including: the concept of sourcing of income, rules for determining whether a foreign corporation or alien individual has a United States trade or business, United States tax implications of having a United States trade or business, the role of income tax treaties, and United States tax issues affecting domestic corporations and United States tax resident individuals on foreign income.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA International Business,MBA Tax

  • TAX-866 State & Local Taxation

    Prerequisites:

    TAX-801 and TAX-861

    Credits:

    3.00

    Description:

    This course strikes a balance between theoretical concepts and practical, real-world issues and covers the interrelationships between the federal and state taxation systems. Includes the coverage of sales and use taxes, corporate income, franchise taxes, and excise taxes.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

  • TAX-867 Advanced Topics in Corporate Tax

    Prerequisites:

    TAX-801, TAX-861 and TAX-862

    Credits:

    3.00

    Description:

    Examines tax-free and taxable acquisitions/reorganizations in relation to various acquisitive and reorganizational transactions as well as consolidated returns. Covers continuity of enterprise and interest issues in conjunction with the tax treatment accorded a transaction, as well as carryover, basis and compliance provisions.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

  • TAX-868 Estate Planning

    Prerequisites:

    TAX-801 and TAX-861

    Credits:

    3.00

    Description:

    Includes a review and analysis, from an estate planning prospective, of legal principles critical to the development of an effective dispositive plan with a primary focus on past, current and proposed Federal tax law principles (under the income, gift, and estate tax statutes) pertinent to the development of a variety of estate plans. In addition, the course includes the discussion of particular estate planning problems and techniques for the purpose of determining the most effective means of achieving the client's goals.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

  • TAX-870 Federal Income Tax of Estates & Trust

    Prerequisites:

    TAX-801 and TAX-861

    Credits:

    3.00

    Description:

    Presents concepts, principles and practices of income taxation of decedents' estates and trusts. Covers grantor trusts, charitable trusts, income in respect of a decedent, and accounting for income retained or distributed to beneficiaries via issuance of K1s.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

  • TAX-872 Tax Exempt Organizations

    Prerequisites:

    TAX-801 and TAX-861

    Credits:

    3.00

    Description:

    Studies tax and non-tax issues in the formation of tax exempt organizations. Covers feeder organizations and unrelated business taxable income in depth. Also covers loss of tax exempt status and ceiling limitations on gift giving.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

  • TAX-910 Individual Study in Taxation

    Prerequisites:

    TAX-801 and TAX-861

    Credits:

    1.00- 3.00

    Description:

    Enables a student-initiated directed study project. The student and faculty advisor must concur on a written proposal and final report. The project must be approved by the dean of academic affairs prior to registration.

    Term:

    Offered Both Fall and Spring

    Type:

    MBA Tax

Gainful Employment Disclosure

View the Federally Mandated Gainful Employment Disclosure for the Advanced Certificate in Accounting.