TX 8020 Advanced Federal Taxation
Credit Hours 3.0
Prerequisites ACCT 4510 or ACCT 8040, with a minimum grade of C-
Requirements CSP: 1, 2, 6, 7
Description

This course provides an indepth study of the federal tax law applicable to sole proprietorships, partnerships, corporations, estates, and trusts. In addition, this course introduces students to topics such as the alternative minimum tax, international tax, state and local tax, employee compensation, related party transactions, and taxexempt entities. Some time also is devoted to tax planning, ethical practices, taxation of crossborder business transactions, and tax research.

TX 8030 Tax Research
Credit Hours 3.0
Prerequisites ACCT 4510, with minimum grade of C-
Requirements CSP: 1, 2, 6, 7
Description

(Recommended that this course be taken after Tx 8020). This course is a study of tax law sources, tax research methodology, and research documentation. Students locate relevant tax law provisions using e-resources.

TX 8040 Tax Practice and Procedures
Credit Hours 3.0
Prerequisites TX 8020
Requirements CSP: 1, 2, 6, 7
Description

Prerequisite or Co-requisite:TX 8030.
This course is designed for persons preparing for a tax practitioner career. Subject matter for study is selected to amplify conceptual and technical knowledge at an advanced level of study of the techniques and procedures used by the various tax administrative bodies. The course also provides study opportunities to enhance the practitioner’s skills and abilities in dealing with the tax administrative bodies. While some aspects of the course deal with state and local tax administrative bodies, heavy emphasis in the course is placed on procedure and practice techniques at the federal level.

TX 8080 Taxation of Partnerships and Partners
Credit Hours 3.0
Prerequisites TX 8020
Corequisites TX 8030
Requirements CSP: 1, 2, 6, 7
Description

This course is a study of tax law relating to partnerships and partners.

TX 8100 Taxation of Property and Securities Transactions
Credit Hours 3.0
Prerequisites TX 8020and TX 8030
Description

Requirements:CSP: 1, 2, 6, 7.
This course is a study of the income tax consequences of transactions relating to purchase, sale or exchange of property and securities including alternative tax strategies in real property ventures for financing, developing, and dispositions.

TX 8120 Taxation of Corporations and Shareholders
Credit Hours 3.0
Prerequisites TX 8020
Corequisites TX 8030
Requirements CSP: 1, 2, 6, 7
Description

This course is a study of the concepts and principles of tax law relating to corporations and shareholders. The course emphasizes corporate formation, capital structure, distributions, redemptions, liquidations, and the “S” election.

TX 8140 Tax Aspects of Corporate Reorganizations and Liquidations
Credit Hours 3.0
Prerequisites TX 8020 and TGX 8030
Corequisites TX 8120
Requirements CSP: 1, 2, 6, 7
Description

This course is a study of income tax laws relating to the liquidation of corporations and to corporate reorganizations. Course emphasis is on the tax consequences to parties involved in reorganizations and liquidations, including individual shareholders, and on judicial doctrines relevant to reorganizations.

TX 8180 Current Topics in Taxation
Credit Hours 3.0
Prerequisites TX 8020 and TX 8030
Requirements CSP: 1, 2, 6, 7
Description

This course is a study of the contemporary issues in taxation. Subject matter for study is selected based upon current and proposed legislation in the area of taxation. The course provides an opportunity to analyze cutting-edge issues that arise in the new e-business economy such as taxation of Internet sales.

TX 8220 Estate/Gift Taxation and Estate Planning
Credit Hours 3.0
Prerequisites TX 8020
Corequisites TX 8030
Requirements CSP: 1, 2, 6, 7
Description

This course is a study of federal estate and gift tax laws involved in intervivos and testamentary transfers of proper- ty. Additionally, the course focuses on estate planning techniques.

TX 8270 State and Local Taxation
Credit Hours 3.0
Prerequisites TX 8020
Corequisites TX 8030
Requirements CSP: 1, 2, 6, 7
Description

This course examines current issues in state and local taxation as well as the interaction between the Internal Revenue Code and various state and local tax provisions. E-business issues, especially those related to Internet sales transactions, are also explored.

TX 8300 International Aspects of Taxation
Credit Hours 3.0
Prerequisites TX 8020
Corequisites TX 8030
Requirements CSP: 1, 2, 6, 7
Description

This course is a study of income tax consequences of foreign income to U.S. taxpayers and of U.S. income for foreign businesses and individuals. E-business issues also are explored.

TX 8320 Income Tax Accounting Periods and Methods
Credit Hours 3.0
Prerequisites TX 8020
Corequisites TX 8030
Requirements CSP: 1, 2, 6, 7
Description

This course addresses timing issues in federal income taxation. Topics include cash and accrual accounting methods, installment reporting, accounting for inventories and long-term contracts, issues relating to the time value of money, adoption of accounting periods, and changes in accounting periods and methods.

TX 8389 Directed Readings in Taxation
Credit Hours 1.0 TO 3.0
Prerequisites TX 8020 and TX 8030 and consent of instructor, good academic standing
Requirements CSP: 1,2,6,7
Description

This course allows the supervised study of a specialized area not provided in the regular curriculum or provides a supervised study of a topical area of varied length, i.e., one to three semester hours. An arrangement must be made with a full-time faculty member to sponsor a student’s research.

TX 8390 Advanced Case Studies in Taxation
Credit Hours 3.0
Prerequisites 3.0 or higher GPA and B grade or higher in ACCT 4510; or consent of instructor
Requirements CSP: None
Description

In this course students will use advanced real world cases to identify tax accounting and tax planning issues in unique fact patterns, select and apply appropriate tax laws to unique fact patterns and make decisions requiring knowledge of the tax law and its effect.

TX 8391 Field Study in Taxation
Credit Hours 3.0
Prerequisites TX 8020 with minimum grade of B; consent of instructor
Requirements CSP: 1, 2, 6, 7, 8
Description

This field study is a supervised, employer-site learning experience. In this experience, students have the opportunity to apply tax-related skills in a professional setting. Students must consult with the instructor or the M.Tx. Program Coordinator before registering to determine whether their employment or internship experiences will qualify for credit.

TX 8510 Issues in Individual Taxation
Credit Hours 3.0
Prerequisites None
Requirements CSP: 1, 2, 6
Description

This course emphasizes identification of tax issues, analysis of court decisions, and planning techniques to reduce tax liability.