Finance, Accounting, and Taxation

M.S. in Taxation


The 30-credit M.S. in Taxation provides students with a comprehensive understanding of the sources of federal taxes and the ways in which to apply tax laws in all types of business scenarios. Graduates of this program greatly enhance their career options, whether they are already in a tax-related position or are in any other business venture, by gaining a solid foundation in how to comply with the rules and regulations of taxation and how to apply them.

In today’s complex world, the impact of taxation plays a crucial role in how companies structure business transactions. The M.S. in Taxation provides a body of knowledge of the principles and the doctrines of taxation that prepare graduates to participate in the business decision-making process. Whether working in private industry or public accounting, earning the M.S. in Taxation is sure to increase your value in the workplace or in the job market.

The program, which is registered with the New York State Education Department and the National Association of State Boards of Accountancy, stresses real-world learning that prepares you to become a knowledgeable and well-rounded tax professional. You will learn from professors who are experienced and respected professionals and who bring their day-to-day experiences to the classroom. In addition, CPAs can earn Continuing Professional Education (CPE) credits by enrolling in Graduate Taxation Courses.


Admission Requirements

The standards for admission as a fully matriculated student in the M.B.A. program are as follows:

  1. A bachelor’s degree with a minimum 3.0 cumulative grade point average from an accredited institution. Official transcripts from all colleges and universities previously attended (foreign documents must be accompanied by a certified English translation).
  2. Official score report of the TOEFL examination for applicants with degrees from foreign colleges and universities.
  3. A written statement-outlining applicant’s objectives for seeking admission into the program.
  4. A current résumé.
  5. Two letters of recommendation.
  6. A completed application submitted to the Office of Admissions.

In addition to the above requirements, a bachelor’s degree; Accounting 501 and LAW 790 or equivalent; or CPA license or a J.D. is required.

Program Sequence

The 30-credit M.S. in Taxation provides students with a comprehensive understanding of the sources of federal taxes and the ways in which to apply tax laws in all types of business scenarios. Graduates of this program greatly enhance their career options, whether they are already in a tax-related position or are in any other business venture, by gaining a solid foundation in how to comply with the rules and regulations of taxation and how to apply them.

M.S. in Taxation Requirements:

PREPARATION COURSES - 6 credits (Not counted towards degree)*

Prerequisites
Course #
Course Name
Credits
  ACC 501
Financial Accounting 3.00
  LAW 790 Commercial Law I
3.00

TAXATION COURSES 9 CREDITS

Prerequisites
Course #
Course Name
Credits
ACC 501, TAX 716
TAX 716 Federal Income Tax Principles 3.00
ACC 501, 
TAX 716
TAX 722 Corporate Taxation 3.00
ACC 501, 
TAX 716, 722
 TAX 760 Tax Practice and Procedure 3.00

ADVANCED TAXATION COURSES (Choose 21 credits from the following courses)

Prerequisites
Course #
Course Name
Credits
ACC 501
TAX 716
TAX 724 Partnerships, Corporations, and Limited Liability Entities 3.00
ACC 501, 
TAX 716
TAX 725 Federal Estate and Gift Taxation 3.00
ACC 501, 
TAX 716
TAX 729 State and Local Taxation 3.00
ACC 501, 
TAX 722
TAX 730 Corporate Reorganizations 3.00
ACC 501, 
TAX 725
TAX 735 Fiduciary Income Taxation 3.00
ACC 501 TAX 745 International Taxation 3.00
TAX 745 TAX 746 Advanced International Taxation 3.00
ACC 501,
TAX 716, 
LAW 790
 TAX 780 Fundamentals of Qualified Employee Benefit Plans 3.00
ACC 501, 
TAX 780
TAX 781 Advanced Problems in Qualified Employee Benefit Plans 3.00
ACC 501, 
TAX 780
TAX 787 Employee Benefit Programs 3.00

Credit and GPA Requirements
Minimum Credits: 30
Minimum Major GPA: 3.0

*Can be waived based on equivalent undergraduate work. Courses do not count toward the 30-credit program requirement. See Admissions Requirements in Graduate Bulletin.

CONTACT

School of Business, Public Administration & Information Sciences

Ray Pullaro, Dean

718-488-1130
Ray.Pullaro@liu.edu