Faculty/Staff Current Students

The MST program has been approved by the College of Financial Planning in Denver, Colorado as a program that meets the academic requirements to sit for the Certified Financial Planner Examination(TM). It has also been approved by the Massachusetts State Board of Accountancy as a program that meets the 150-hour requirement for CPA licensure, provided that you were an accounting major who has met all of the core accounting requirements set by the state board.

The Master of Science in Taxation program requires 30 credits, 15 credits of required courses and 15 credits of electives*. Students may begin the program in the Fall, Spring, or Summer terms. Most students complete the program within two years while working full-time.

Students may receive transfer credit for up to 9 credits. A minimum of 21 credits must be taken within the D'Amore-McKim School of Business. A grade point average of 3.000 is required for graduation.

The curriculum is updated regularly, and incorporates current tax legislation. Tax research and writing is a required element of every course. MST faculty are working professionals who bring real world client situations to the classroom.

Required Courses

MS in Taxation Required Courses Details

Corporations and Shareholders

Provides an in-depth study of the tax issues related to the corporate form and the corresponding tax implications for its shareholders. Given the importance of corporations in the federal income tax system, an understanding of the tax issues related to this type of business is essential for tax professionals. Topics include capital formation and structure, the operations of the corporation, distributions, dividends and redemptions, sales and liquidations, and taxable and tax-free reorganizations.

3 credits

Details

Estate and Gift Taxation

Focuses on the study of the taxes common to the transfer of property and wealth. Topics include gift tax deductions and exclusions, estate valuation, state tax deductions and exemptions, and tax rates. Also explores planning opportunities for these wealth transfer taxes. Students who do not meet course prerequisites or restrictions may seek permission of instructor.

3 credits

Details

Federal Tax Issues and Analysis

Gives a broad examination of tax authority as it guides action on tax issues including personal and business decisions. Examines the tax structure with a specific focus on the income and expenses for individual taxpayers. Emphasizes property transactions (including the calculation of basis, gain/loss, and the resulting tax treatment). Also incorporates tax planning and research related to these issues. Students who do not meet course prerequisites or restrictions may seek permission of instructor.

3 credits

Details

Partners and Partnerships

Provides an in-depth study of the tax issues related to one of the central flow-through entities, the partnership. The increasing popularity of flow-through entities as an organizational form has made an understanding of the tax issues related to this type of entity an important area of study for tax professionals. Topics include capital formation, operations, transactions between the partner and the partnership, distributions, sales of partnership interests, and liquidation of the partnership.

3 credits

Details

Tax Practice, Procedures & Ethics

Investigates the procedures used in dealing with the Internal Revenue Service, with an emphasis on practitioner responsibilities. Reviews the organization of the IRS, filing requirements, appeal procedures, civil/criminal statutes, assessments, and protests. Also examines a study of the value and moral judgments inherent in the field of taxation including client confidentiality, disclosure of false or misleading information, and advice counter to the law or public good.

1.5 credits

Details

Tax Research Methodology

Investigates the procedures used in dealing with the Internal Revenue Service, with an emphasis on practitioner responsibilities. Reviews the organization of the IRS, filing requirements, appeal procedures, civil/criminal statutes, assessments, and protests. Also examines a study of the value and moral judgments inherent in the field of taxation including client confidentiality, disclosure of false or misleading information, and advice counter to the law or public good.

1.5 credits

Details

Additional Requirements

Taxation Electives Details

Taxation electives numbered ACCT 6236 through ACCT 6261

12 credits

Details

Additional Electives Details

Accounting, Entrepreneurship & Innovation, Entrepreneurship Technological, Finance & Insurance, Human Resources Management, International Business, Managerial Economics, Marketing, Management, Supply Chain Management, Strategy

12 credits