Individual Taxation (Postgraduate Certificate)

Curriculum

UC's online Individual Taxation Graduate Certificate program is comprised of 12 credit hours, with 4 hours required core and 8 hours elective. All courses are 2 credit hours and run 7 weeks in length. To register for these courses, students should be enrolled in the College of Business and enrolled in one of the following programs: Masters of Science, Doctoral or a Graduate Certificate. Students may be able to selectively substitute elective courses to match specific career interests, subject to the approval of the Program Director. View Major Map

Students must complete the following 2 core courses (4 credit hours). Course Title/Description Credit ACCT 8023 Individual Tax: Structure Examines topics in the area of individual federal income taxation including but not limited to: income (active, passive, portfolio), adjustments to income, adjusted gross income (AGI) and deductions limited by AGI, personal exemptions, filing status, itemized deductions, taxable income and the regular income tax calculation. 2 ACCT 8043 Individual Tax: Special Topics Examines advanced topics in the area of individual federal income taxation including but not limited to: property transactions, minimum tax, investment interest expense limitations, charitable contributions, property settlements, and tax shelters. 2

Students must complete 8 credit hours from the following courses. Substitutions may be made with prior approval of the academic director of the program. Course Title/Description Credit ACCT 8030 Partnership Taxation Income tax consequences of the formation, operation, and termination of a partnership; partnership distributions; sale of a partnership interest; and withdrawal from a partnership. 2 ACCT 8041 Taxation of Subchapter S Corporations Investigation of the Federal income taxation of a specialized class of corporation known as an S corporation. Detailed examination of the shareholder and corporate quality and quantity rules required to make an S corporation election. A review of election mechanics and election revocation rules and the determination of the items that are identified on the S corporation tax return and passed through to its shareholders. Coverage of shareholder basis rules that are important in determining shareholder tax consequences. Introduction of entity level taxes along with planning techniques used to minimize the Federal income tax impact of these entity level taxes. 2 ACCT 8044 State and Local Taxation Examines structure of state and local laws involving property, sales and use, franchise, and corporate income taxes on the firm operating in either a single or multi-jurisdictional environment. 2 ACCT 8046 Estate and Gift Tax Intensive study of federal taxation of estates and transfer of property rights by gift. Determination of the gross estate, taxable estate, taxable gift,and gift tax. 2 ACCT 8080 Federal Tax Research: Individuals This course provides MS Tax students with an in-depth coverage of proper tax research procedures, a survey of the sources of authority, both primary and secondary, and application to practical situations. Students will discuss, research and write about a variety of individual tax issues, ones that don’t require any prior knowledge of individual tax. In addition to individual tax research, students will study issues related to working with the IRS. 2 ACCT 8090 Federal Tax Research: Corporations This course provides students with an in-depth coverage of proper tax research procedures, a survey of the sources of authority, both primary and secondary, and application to practical situations. Students will discuss, research and write about a variety of corporate tax issues, ones that don’t require any prior knowledge of corporate tax. In addition to corporate tax research, students will study issues related to tax planning and tax practice. 2