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Master of Taxation - Working Professionals (Weekend and Online)

Designed to meet the needs of working professionals who must apply Internal Revenue Service code and regulations, the Master of Taxation Program is a top choice for individuals who want to extend their knowledge and skill base. The program will prepare you for a successful career as a tax preparer and adviser.

Program Features:

For a description of these courses, including prerequisite requirements, see the Course Descriptions - Master of Taxation Pages.

Michael Hoffman, D.B.A. - Professor of Taxation; Indiana University. Financial, retirement and estate planning, and corporate income taxation.

Curriculum Guide  top

Curriculum - Master of Taxation

Working Professionals (Offered on alternating weekends and online)

Online Students Only:

Each of the following is required (36 total credits):

For a description of these courses, including prerequisite requirements, see the Course Descriptions - Master of Taxation page.

Elective Courses:

Course Descriptions  top

Master of Taxation

Full-Time professionals are available to discuss course content in greater detail with you. Simply contact your Admissions Manager at 800.672.7223 Ext. 25168 or use the Contact Us link.

ACTP 5711     Internet Technology  (0 cr.)

A one-week course in utilizing the Internet for classroom purposes, research, (including the use of the library), and other skills needed to successfully complete the online graduate accounting program. Required for any student taking a course online in the MACC or MTAX programs.

TXX 5761     Taxation of Individuals  (3 cr.)

An in-depth analysis of the federal income tax structure, use of tax services, and the concept of taxable income for individuals.

TXX 5762     Taxation of Corporations and Partnerships  (3 cr.)

A continuation of the study of the federal income tax structure, use of tax services, and the concept of taxable income as it relates to corporations and partnerships. Prerequisite: TXX 5761.

TXX 5763     Tax of Estates, Trusts & Gifts  (3 cr.)

Advanced study of, and research in, tax law with emphasis on estate, trust, and gift taxes. Prerequisite: TXX 5762.

TXX 5764     Taxation of Pensions and Profit-Sharing Plans  (3 cr.)

The course looks at the federal tax advantages of pensions and profit-sharing plans, with emphasis on ERISA. Prerequisite: TXX 5762.

TXX 5765     Tax Policy  (3 cr.)

A study of tax issues, particularly those pertinent to individual and corporate taxes. This course focuses on the purposes of taxation and development of tax systems. Prerequisite: TXX 5762.

TXX 5766     US Taxation of International Transactions  (3 cr.)

International Taxation: This course surveys the U.S. income tax on foreign-earned income. The taxation methods of other countries are also examined. Prerequisite: TXX 5762.

TXX 5767     IRS Practice and Procedure  (3 cr.)

This course introduces the student to the structure, organization, practices and procedures of the Internal Revenue Service. The course is intended to give students an understanding of the organizational makeup of the Internal Revenue Service and the authority of its various employees. The different approaches to resolving tax controversies will be explored through the study of assigned readings and in-depth class discussions. The course will be conducted in a seminar-like fashion with each student expected to make significant contributions to class discussions. Attentiveness to news items affecting the area of federal tax procedures is expected, as well as conveyance to class of these newsworthy developments. Prerequisite: TXX 5762.

TXX 5768     Real Estate Taxation  (3 cr.)

Examines the tax consequences of owning real estate including the ownership and operation of real property; sales, conversions, foreclosures, leases and abandonments; tax aspects of financing; real estate investment trusts; and real estate holding companies. Prerequisite: TXX 5762.

TXX 5769     Tax Planning & Research  (3 cr.)

This course is an in-depth study of the tax-planning process and research tools that are available to both the professional business manager and tax practitioner. Prerequisite: TXX 5762.

TXX 5770     Taxation of Exempt Organizations  (3 cr.)

Examines and applies section 501c of the Code. Covers tax planning for charitable contributions, trusts, gifts, and bargain sales. Compares taxation of exempt organizations with for-profit entities. Prerequisite: TXX 5762.

TXX 5771     Taxation of Limited Liability Companies and Sub-Chapter S Corporations  (3 cr.)

Examines the use of S Corporations versus other forms of business entities. Issues such as eligibility, election, revocation, and termination are discussed. Prerequisite: TXX 5762.

TXX 5772     Special Topics in Taxation  (3 cr.)

Discussions may include, but not limited to, such topics as: transfer pricing, tax timing, and taxation of independent contractors. Prerequisite: TXX 5762.

TXX 5773     State and Local Taxation  (3 cr.)

This course introduces the student to the fundamentals of state and local taxation. The course is not intended to make the student technically proficient in all areas of state and local taxation, but rather, it surveys the taxes that states generally impose on its citizens, corporations, and other entities. The impact on society of current and proposed state and local taxes will be explored through the study of assigned readings and in-depth class discussions. Prerequisite: TXX 5762.

TXX 5774     Fiduciary Income Taxation  (3 cr.)

Fiduciary Income Taxation covers the income taxation of trusts, estates, and their beneficiaries; the quasi-conduit approach of Subchapter J; distributable net income and the distribution deduction; in kind distributions; post-mortem planning; funding of marital deduction trusts; basis to beneficiaries; income in respect of a decedent; grantor trusts; trusts for minors; charitable trusts; and the effects of the uniform income and principal act. This is an in-depth treatment of the subject matter introduced in TXX 5762. Prerequisite: TXX 5762.

TXX 5775     Taxation of Distressed Entities  (3 cr.)

Examines the relationship between tax and bankruptcy law in the bankruptcies of business entities. This course includes the consequences of cancellation and modifications of indebtedness; the priority and discharge of tax claims; and the tax aspects of reorganizations and restructuring of distressed businesses.

TXX 5776     Comparative International Taxation  (3 cr.)

The objective of the course is to broaden knowledge in the field of international taxation by introducing the student to the study of comparative foreign tax systems. The coverage is wide-ranging, touching on several countries and substantive categories of taxes as well as procedural aspects. While the income tax will be stressed, value added tax (VAT) will also be discussed. The differences in legal frameworks of various countries, such as constitutional, legislative, and statutory structures in relation to tax law will be studied. An understanding will be obtained of the definitions of income and of the varying and alternative approaches to taking corporations and its owners. Areas of concern such as anti-avoidance rules and taxation of e-commerce will be reviewed. After completing this course, the student will have a basic understanding of how other countries tax their citizens, residents, nonresident aliens, and corporations; and how those approaches compare to those of the United States.