Taxation Concentration

Contact Persons: 

Dr. James A. Fellows 

727-873-4587

John Jewell, J.D., L.L.M.

727-873-4110

The Taxation concentration will acquaint students with current tax issues facing companies, with a particular focus on Federal corporate and partnership taxes and corporate and legal structures.  This concentration is not designed to replace a law degree or a master’s degree in taxation.  Instead, it is intended to provide students with an overall familiarity with the tax environment facing business entities today and to broaden students’ appreciation for the impact of tax issues on corporate decision-making.  Ethical corporate reporting is a foundation of this area of concentration. 

This 3-course concentration includes two required courses and one elective.  There is no sequence in which these courses must be taken.  

1.      ACG 6936    Partnership Taxation: Advanced Issues

A study of advanced income tax problems involving partnerships, including organization, operation, distributions, liquidations, basis, family partnerships, and sales and exchanges. A study of limited liability companies is an integral part of this course.  Ethical issues in tax reporting are also discussed. 

Prerequisites:  TAX 4001 Concepts of Federal Income Taxation and TAX 5015 Federal Taxation of Business Entities

2.      ACG 6936    Corporate Taxation: Advanced Issues  

This course is a study of advanced income tax problems involving both taxable C corporations and S corporations.  Topics covered include the formation of corporations, current operations, liquidations, reorganizations and the sale and exchange of ownership interests in the corporation.  Corporate responsibility for ethical tax reporting and compliance is also discussed. 

Prerequisites:   TAX 4001 Concepts of Federal Income Taxation and TAX 5015 Federal Taxation of Business Entities

3.     ACG 6936  Multi-jurisdictional Taxation

Analysis of the issues faced by individuals and companies transacting business and investment activities in multiple jurisdictions.   Includes state & local taxation topics and international inbound and outbound transactional analysis.

Prerequisites:   TAX 4001 Concepts of Federal Income Taxation and TAX 5015 Federal Taxation of Business Entities

4.     ACG 6936 Real Estate Taxation

Analysis of the effect of federal income taxes on real estate transaction; development and investment including like kind exchanges, development rules, a comparison of the various entities used for the ownership and development of real estate; real estate syndications, basis and basis adjustments; alternative financing techniques such as the sale-leaseback; depreciation, amortization and obsolescence; passive activity and at-risk rules; and REITS. 

Prerequisites:   TAX 4001 Concepts of Federal Income Taxation and TAX 5015 Federal Taxation of Business Entities

5.     ACG 6936    Current Issues in Taxation

This course is a study of emerging trends, and recent legislative and judicial change in federal and state taxation. 

Prerequisites:   TAX 4001 Concepts of Federal Income Taxation and TAX 5015 Federal Taxation of Business Entities