The online tax graduate program allows students to not only master the fundamental concepts of tax law, but also develop an in-depth understanding of how complex tax issues are handled in a variety of practical environments. Students can supplement their online courses with an elective internship and faculty-led research opportunities. Each is designed to allow students to gain more practical experience to put their new knowledge of tax law into practice. Personal financial advisors recommend investment and tax strategies to clients. They recommend financial services to achieve each client`s financial goals. Personal financial advisors with tax experience help clients manage tax matters and prepare their tax returns. A master`s degree can help personal financial advisors advance their careers. The admission standards for the LLM program option in online taxation are the same as for the traditional housing option. Learn more about admission requirements for the Master of Laws (LLM) in Taxation program. Earning an online master`s degree in taxation provides students with specific and useful skills that can lead to new careers and increased earning opportunities.
We have ranked the best online masters in tax programs. Use our guide to compare schools and learn how to get your master`s degree in taxation online. When deciding to pursue your Master`s degree in Taxation or Master`s degree in Tax Law, it is important to consider not only employment prospects, but also program costs, program requirements, study environment, and earning opportunities. Each of these factors can help you determine if graduating from graduate school is an educational investment you want to make. To see median annual salaries for other roles in the legal services space – including financial analysts, accountants and auditors, accountants, etc., take a look at the Bureau of Labor Statistics` list of legal service occupations. Not necessarily. There are options for lawyers and non-lawyers who wish to pursue graduate studies in tax law. A Master of Laws (MLS) in Taxation is a way to specialize in tax law without having to go to law school to get your Juris Doctor (JD) and become a lawyer. If you are a lawyer or want to become one, there is also an option for you: a Master of Laws (LL.M.) in taxation.
An honours college degree, such as a master`s degree in taxation, can prepare professionals for higher-paying roles in several tax career paths. With the degree, graduates work as auditors, tax managers, tax advisors and financial managers. To learn more about BU Law`s online graduate program, contact an admissions representative at 877-308-9945 or visit the law school website. Think of this program as one designed to make you an expert in all tax laws so that you can correctly interpret and apply IRS standards. The program typically includes general tax practice, corporate taxation, and international taxation. Some programs also offer courses on estate planning and policy. Depending on your specialization, you will have a number of elective courses to choose from, such as input income tax and personal financial planning, partnership taxation and private wealth planning. The 24-credit online program can be completed in just two full-time or part-time study sessions over a period of up to four years – a flexible arrangement for busy professionals whose responsibilities prevent enrollment in our on-campus program. The online format allows students to begin the program in one of three sessions – fall, spring or summer.
Some master`s programs in taxation require test scores for graduates. The most common requirements include GMAT or GRE scores. For both tests, the results remain valid for five years. However, some programs do not require test scores, and many offer waivers for qualified students based on GPA or work experience. Opportunities to complete part-time and online study and certificate programs. For working professionals or those who want to change careers, for example from legal representation to tax management, online programs can be a good solution. Some online programs are asynchronous, which means they offer more flexibility in terms of deadlines. Distance learning also gives students the opportunity to enroll in part-time studies, but it is important to note that these types of programs require an autonomous attitude and the ability to learn independently. The program offers interdisciplinary experience and perspectives by placing tax students in courses alongside law and LLM students. With a rigorous curriculum that covers personal, partnership and corporate taxation, a full-time degree is possible in just one year.
Class recordings are accessible via live on-demand streaming and archived. Since most tax professionals or practicing lawyers are trying to get an MLS in taxes or an LL.M. In taxation to advance in their career, putting that career on hold during your studies can be a difficult decision and can be a disruption or delay in achieving your career goals. Obtaining your MLS or LL.M. in online taxation can be a solution to this problem. A college degree in taxation can prepare professionals for roles that manage corporate tax strategy. Tax managers also benefit from high earning potential. Data from the December 2021 salary range show an average salary of approximately $99,000 for tax managers. Other higher-paying jobs include CPAs and tax lawyers. However, tax lawyers require a law degree in addition to tax training.
To apply, prospective students must submit an online application, essay, curriculum vitae, and official transcripts. Letters of recommendation are optional and GRE and GMAT scores are not required. Our social events include team sporting events in Boston, pub nights and a spring reception at a local restaurant. Online students are included in all event invitations, and many make at least one trip to Boston during their studies. We also celebrate big celebrations at our latest weekend events. As a lawyer with an online tax LL.M. or Online Master in Tax Law, your training can help you acquire expertise. If you specialize in tax law, you may see salary success similar to or better than professionals who receive MLS degrees.
