Executive Master of Taxation (EMTAX) Curriculum

The list below includes all courses offered in the EMTAX program. Your required courses will depend on your educational background. On average, a student can expect to take two 3-credit courses in the summer semester and two 3-credit courses in the fall semester. Students can increase or decrease their course load, and the semester’s tuition will automatically adjust according to the number of credits enrolled. 

• Business Majors - 30 credits
• Non Business Majors - 36 credits
• Accounting Majors*  - 30 credits

All courses are 3-credit hours.

Executive Master of Taxation Curriculum

Accounting Major

*Concepts of Federal Income Tax (TAX 6025) 3 credits
Prerequisites: Admission to College of Business master's program and ACG 2021 or ACG 6027.
Analysis of the principles of the Federal Income Tax. The relationship among statutes, case law, Congressional committee reports, and administrative pronouncements is emphasized. A case approach is used. This course is not available to students who have completed TAX 4001 and 4011.

Or

*ACG 6689 is substituted for TAX 6025
Forensic Accounting, Fraud and Taxation (ACG 6689) 3 credits
Prerequisites: ACG 2021 or ACG 6027.
Overview of the nature of tax fraud, its motivation, the manner by which it is effected, and ways to detect this type of fraud. Also discussed is the proper manner in which allegations of fraud should be investigated to meet the requirements of civil/criminal court procedure.

Tax Research (TAX 6065) 3 credits
Prerequisites: Graduate standing and TAX 6025 or TAX 4001. Prerequisites or Corequisites: TAX 6025.
Methods of researching tax problems and practical exercises in the uses of research tools in locating, understanding, and interpreting source materials

Corporate Taxation (TAX 6105) 3 credits
Prerequisites: Graduate standing and TAX 6025. Prerequisite or Corequisite: TAX 6065.
Concepts and principles governing the Federal income taxation of corporations and their shareholders. The source and application of U.S. tax authority as it relates to the formation, operation and liquidation of a corporation. The S Corporation is explored as an alternative to the regular corporation and other modes of operation.

Advanced Corporate Taxation (TAX 6115) 3 credits
Prerequisites: Graduate standing and TAX 6105
Concepts and principles governing the Federal income taxation of corporations and their shareholders and the source and application of U.S. tax authority as it relates to complex corporate tax problems. Emphasis will be on the rules governing penalty taxes, tax-free divisions and reorganizations, affiliated corporations, consolidated returns, and multinational considerations.

Partnership Taxation (TAX 6205) 3 credits
Prerequisites: Graduate standing and TAX 6025. Prerequisite or Corequisite: TAX 6065.
An intensive study of partnership taxation covering such topics as the definition of a partnership, formation of a partnership, compensation of partners, taxing partnership income, and transactions between related parties.

Estates and Trusts: Planning and Taxation (TAX 6405) 3 credits
Prerequisites: Graduate standing and TAX 6025. Prerequisite or Corequisite: TAX 6065.
An examination of the principles of estate tax, gift tax, and income tax fiduciaries, beneficiaries, grantors, and other parties. Income with respect to decedents, grant or reversionary trusts, accumulation distributions, and other special problem areas are studied.

International Taxation (TAX 6525) 3 credits
Prerequisites: Graduate standing and TAX 6065 and (TAX 4011 or TAX 6105).
A survey of U.S. income tax laws applicable to U.S. citizens and corporations doing business abroad, as well as to foreign taxpayers investing in the U.S.

Contemporary Tax Topics (TAX 6875) 3 credits
Prerequisites: Graduate standing and TAX 6025. Prerequisite or Corequisite: TAX 6065.
Addresses recent or contemplated changes in tax law, including tax reform proposals and reviews and judicial developments in all areas of taxation.

IRS Practice and Procedures (TAX 6877) 3 credits
Prerequisites: Graduate standing and TAX 6025. Prerequisite or Corequisite: TAX 6065.
Training in tax practice and procedures with an emphasis on IRS rules, procedures and techniques.

Communication Strategies for Tax Accountants (TAX 6878) 3 credits
Prerequisite: Master of Taxation students only.
Focuses on the writing aspects of tax accounting; considers writing as an integral part of tax practice and
as an enhancement for critical thinking.

Business Major

Financial Reporting and Accounting Concepts (ACG 6137) 3 credits
Prerequisites: Admission to College of Business master's program and ACG 2021 or ACG 6027.
Course covers conceptual and applied issues in financial accounting. Students learn to apply basic research skills in financial accounting with authoritative accounting literature. This course is not available to students who have completed ACG 3131 and 3141.

Concepts of Federal Income Tax (TAX 6025) 3 credits
Prerequisites: Admission to College of Business master's program and ACG 2021 or ACG 6027.
Analysis of the principles of the Federal Income Tax. The relationship among statutes, case law, Congressional committee reports, and administrative pronouncements is emphasized. A case approach is used.

Tax Research (TAX 6065) 3 credits
Prerequisites: Graduate standing and TAX 6025 or TAX 4001. Prerequisites or Corequisites: TAX 6025.
Methods of researching tax problems and practical exercises in the uses of research tools in locating, understanding, and interpreting source materials.

Corporate Taxation (TAX 6105) 3 credits
Prerequisites: Graduate standing and TAX 6025. Prerequisite or Corequisite: TAX 6065.
Concepts and principles governing the Federal income taxation of corporations and their shareholders. The source and application of U.S. tax authority as it relates to the formation, operation and liquidation of a corporation. The S Corporation is explored as an alternative to the regular corporation and other modes of operation.

Advanced Corporate Taxation (TAX 6115) 3 credits
Prerequisites: Graduate standing and TAX 6105.
Concepts and principles governing the Federal income taxation of corporations and their shareholders and the source and application of U.S. tax authority as it relates to complex corporate tax problems. Emphasis will be on the rules governing penalty taxes, tax-free divisions and reorganizations, affiliated corporations, consolidated returns, and multinational considerations.

Partnership Taxation (TAX 6205) 3 credits
Prerequisites: Graduate standing and TAX 6025. Prerequisite or Corequisite: TAX 6065.
An intensive study of partnership taxation covering such topics as the definition of a partnership, formation of a partnership, compensation of partners, taxing partnership income, and transactions between related parties.

Estates and Trusts: Planning and Taxation (TAX 6405) 3 credits
Prerequisites: Graduate standing and TAX 6025. Prerequisite or Corequisite: TAX 6065. 
An examination of the principles of estate tax, gift tax, and income tax fiduciaries, beneficiaries, grantors, and other parties. Income with respect to decedents, grant or reversionary trusts, accumulation distributions, and other special problem areas are studied.

International Taxation (TAX 6525) 3 credits
Prerequisites: Graduate standing and TAX 6065 and (TAX 4011 or TAX 6105).
A survey of U.S. income tax laws applicable to U.S. citizens and corporations doing business abroad, as well as to foreign taxpayers investing in the U.S.

IRS Practice and Procedures (TAX 6877) 3 credits
Prerequisites: Graduate standing and TAX 6025. Prerequisite or Corequisite: TAX 6065.
Training in tax practice and procedures with an emphasis on IRS rules, procedures and techniques.

Communication Strategies for Tax Accountants (TAX 6878) 3 credits
Prerequisite: Master of Taxation students only.
Focuses on the writing aspects of tax accounting; considers writing as an integral part of tax practice and as an enhancement for critical thinking.

Non-Business Major

Financial Accounting Concepts (ACG 6027) 3 credits
Prerequisite: Graduate standing.
Principles applicable to the accounting cycle, asset valuation, income determination, financial reporting, basic business taxes, and owner's equity. Available only to graduate students lacking an undergraduate course in accounting (ACG 2021).

Financial Management (FIN 6406) 3 credits
Prerequisites: Graduate standing, financial accounting principles.
Tools and applications of financial analysis and forecasting, investment policy, financing policy, and working capital policy. Open only to graduate students lacking an undergraduate course in Finance (FIN 3403).

Financial Reporting and Accounting Concepts (ACG 6137) 3 credits
Prerequisites: Admission to College of Business master's program and ACG 2021 or ACG 6027.
Course covers conceptual and applied issues in financial accounting. Students learn to apply basic research skills in financial accounting with authoritative accounting literature. This course is not available to students who have completed ACG 3131 and 3141.

Concepts of Federal Income Tax (TAX 6025) 3 credits
Prerequisites: Admission to College of Business master's program and ACG 2021 or ACG 6027.
Analysis of the principles of the Federal Income Tax. The relationship among statutes, case law, Congressional committee reports, and administrative pronouncements is emphasized. A case approach is used.

Tax Research (TAX 6065) 3 credits
Prerequisites: Graduate standing and TAX 6025 or TAX 4001. Prerequisites or Corequisites: TAX 6025.
Methods of researching tax problems and practical exercises in the uses of research tools in locating, understanding, and interpreting source materials.

Corporate Taxation (TAX 6105) 3 credits
Prerequisites: Graduate standing and TAX 6025. Prerequisite or Corequisite: TAX 6065.
Concepts and principles governing the Federal income taxation of corporations and their shareholders. The source and application of U.S. tax authority as it relates to the formation, operation and liquidation of a corporation. The S Corporation is explored as an alternative to the regular corporation and other modes of operation.

Advanced Corporate Taxation (TAX 6115) 3 credits
Prerequisites: Graduate standing and TAX 6105.
Concepts and principles governing the Federal income taxation of corporations and their shareholders and the source and application of U.S. tax authority as it relates to complex corporate tax problems. Emphasis will be on the rules governing penalty taxes, tax-free divisions and reorganizations, affiliated corporations, consolidated returns, and multinational considerations.

Partnership Taxation (TAX 6205) 3 credits
Prerequisites: Graduate standing and TAX 6025. Prerequisite or Corequisite: TAX 6065.
An intensive study of partnership taxation covering such topics as the definition of a partnership, formation of a partnership, compensation of partners, taxing partnership income, and transactions between related parties.

Estates and Trusts: Planning and Taxation (TAX 6405) 3 credits
Prerequisites: Graduate standing and TAX 6025. Prerequisite or Corequisite: TAX 6065.
An examination of the principles of estate tax, gift tax, and income tax fiduciaries, beneficiaries, grantors, and other parties. Income with respect to decedents, grant or reversionary trusts, accumulation distributions, and other special problem areas are studied.

International Taxation (TAX 6525) 3 credits
Prerequisites: Graduate standing and TAX 6065 and (TAX 4011 or TAX 6105).
A survey of U.S. income tax laws applicable to U.S. citizens and corporations doing business abroad, as well as to foreign taxpayers investing in the U.S.

IRS Practice and Procedures (TAX 6877) 3 credits
Prerequisites: Graduate standing and TAX 6025. Prerequisite or Corequisite: TAX 6065.
Training in tax practice and procedures with an emphasis on IRS rules, procedures and techniques.

Communication Strategies for Tax Accountants (TAX 6878) 3 credits
Prerequisite: Master of Taxation students only.
Focuses on the writing aspects of tax accounting; considers writing as an integral part of tax practice and as an enhancement for critical thinking.