Savvy experts who can navigate the latest tax legislation and effectively plan for whatever may come next are in demand. Our Online MS in Taxation program will help you excel in the ever-evolving realm of tax laws and regulations. Through Northeastern’s future-focused lens, you’ll study the latest taxation issues and challenges brought about by developments in technology, federal laws, and international policies. In addition, you’ll learn to hone your uniquely human skills like creativity and problem solving that will make you an effective modern business leader.

Program Overview

  • Program Structure: 15 credits of required courses and 15 credits of electives.
  • Class Schedule: Online courses may be taken anytime.
  • Time to Complete: 20 months when studying online.
Online MS in Taxation Timeline

Unique Features

2,000

alumni working as accounting professionals nationwide

  • Build an outstanding peer and alumni network
  • For working professional students, there is an option for an abbreviated spring term to allow a pause during the busy tax season.
  • World-class faculty with years of experience working in taxation, finance, and accounting
  • Gain a deep understanding of relevant, practical insights in a dynamic classroom environment

Admissions

  • GMAT/GRE required? Northeastern has a test-optional policy for the 2021-2022 and 2022-2023 academic year and does not require a GMAT or GRE score to complete an application for admission. Under the new policy, you can decide whether to submit a GMAT or GRE score as part of your admission application. For more information, review our admissions policies.
  • English language proficiency: English proficiency, both written and verbal, is necessary for success in D’Amore-McKim classrooms. For more information, review our admissions policies.
  • Where do I apply? Apply using this application.
  • Interview required? Not required.

Deadlines & Decisions

Find the deadlines and decision dates you need to know. Submit your application by the earliest date possible for priority consideration.

Please visit the Northeastern Student Financial Services page. Click the dropdown under “Graduate Programs” and you will find the rate next to “Business Administration.”

At Northeastern, we value and celebrate diversity in all its forms and strive to foster an inclusive culture built on respect that affirms inter-group relations and builds community, which is vital to learning and discovery.

Scholarships and Fellowships

D’Amore-McKim offers and partners with organizations that provide a variety of scholarships and fellowships to foster diversity and inclusion. Examples of these include The Dr. Martin Luther King Jr. Graduate Fellowship, Prospansica MBA Scholarship, Posse MBA Scholarship and Reach Out MBA Fellowship.

Clubs and Organizations

Northeastern has many opportunities for you to be engaged with our community. Examples include the following:

Graduate Students of Color Collective

The purpose of the GSCC is to build community for graduate students of color at Northeastern University by promoting education, professionalism, and civic duty. The GSCC fosters student, staff, and faculty relationships to establish a campus home for higher education at Northeastern. Through civic engagement with surrounding communities, the GSCC recognizes the continued struggles of marginalized populations, and the need for those who have succeeded to give back.

Grad Q

Grad Q is a student organization for LGBTQ+ graduate students at Northeastern. Grad Q is focused on building community, social events, advocacy, and mentoring undergraduate students.

Campus Resources

We have a number of cultural centers on campus to support our campus community by providing programs, lectures, and events for students with a range of affiliations and interests including the LGBTQA Resource Center, Office of Global Services, Latinx Student Cultural Center, Asian American Center, and many more.

Curriculum

The Online MS in Taxation is designed to focus on immersive, applied knowledge for working professionals looking to take what they learn in the classroom and apply it the very next day in their careers. We combine real-world taxation expertise with forward-thinking academics to help position you for career acceleration. Faculty are focused on teaching you to analyze the Internal Revenue Code, gain command of changes in tax legislation, and add value through planning opportunities.

Required Courses

Gives a broad examination of tax authority as it guides action on tax issues including personal and business decisions. Examines the tax structure with a specific focus on the income and expenses for individual taxpayers. Emphasizes property transactions (including the calculation of basis, gain/loss, and the resulting tax treatment). Also incorporates tax planning and research related to these issues. Students who do not meet course prerequisites or restrictions may seek permission of instructor.

ACCT 5230 | 3 credits

Focuses on the study of the taxes common to the transfer of property and wealth. Topics include gift tax deductions and exclusions, estate valuation, state tax deductions and exemptions, and tax rates. Also explores planning opportunities for these wealth transfer taxes. Students who do not meet course prerequisites or restrictions may seek permission of instructor.

ACCT 5232 | 3 credits

Provides an in-depth study of the tax issues related to the corporate form and the corresponding tax implications for its shareholders. Given the importance of corporations in the federal income tax system, an understanding of the tax issues related to this type of business is essential for tax professionals. Topics include capital formation and structure, the operations of the corporation, distributions, dividends and redemptions, sales and liquidations, and taxable and tax-free reorganizations.

ACCT 6231 | 3 credits

Provides an in-depth study of the tax issues related to one of the central flow-through entities, the partnership. The increasing popularity of flow-through entities as an organizational form has made an understanding of the tax issues related to this type of entity an important area of study for tax professionals. Topics include capital formation, operations, transactions between the partner and the partnership, distributions, sales of partnership interests, and liquidation of the partnership.

ACCT 6235 | 3 credits

Offers students an opportunity to develop and refine their tax research skills through practical exercises. Covers the creation of various sources of tax authority. Exposes students to the procedures used in dealing with the Internal Revenue Service (IRS), with an emphasis on practitioner responsibilities. Reviews the organization of the IRS, filing requirements, appeal procedures, civil/criminal statutes, assessments, and protests. Includes a study of the value and moral judgments inherent in the field of taxation, including client confidentiality, disclosure of false or misleading information, and advice counter to the law or public good.

ACCT 6292 | 3 credits

Electives

You may also enhance your studies by selecting a track. You may select electives from either track, or focus your learning on one track.

Taxation of Entities Track Electives

Focus your studies on advancing your expertise in local, state, and international taxation flow through entities, and corporate accounting.

Addresses the most common types of taxes imposed by state and local governments. Examines state and local income, sales, excise, property, and city taxes. Emphasis is on the underlying principles governing the application of each type of tax and the interrelationships where they exist.

ACCT 6239 | 3 credits

Addresses the taxation of foreign individuals or corporations receiving income from sources, or conducting business, in the United States. With the globalization of the economy, a greater number of taxpayers must consider the impact of international taxation. Topics include the sourcing of income, taxation of passive income, taxation of income connected to a U.S. trade or business, branch-level taxes, issues of foreign-owned U.S. corporations, income tax treaties, and transfer pricing.

ACCT 6240 | 3 credits

Examines the federal taxation of U.S. individuals receiving income from sources or conducting business in foreign jurisdictions. An increase in the number of U.S. individuals and corporations operating in other countries has enhanced the importance of an understanding of international transactions for tax professionals. Examines sourcing of income, allocation and apportionment of deductions, foreign tax credits, taxation of U.S. citizens and residents abroad, controlled federal corporations, passive foreign investment companies, foreign currency translations and transactions, and special entities.

ACCT 6241 | 3 credits

Offers an in-depth look at the tax consequences of businesses formed as flow-through entities (including partnerships, S corporations, and LLCs). Discusses allocation rules, liability sharing rules, disguised sales rules, partnership debt workouts, the S corporation election, and tax treatment of shareholders in an S corporation.

ACCT 6243 | 3 credits

Investigates the reporting of uncertain positions and accounting treatment accorded current and deferred income tax liabilities and expenses. Topics include accounting for uncertain tax positions, accounting methods and periods (particularly in cases where the accounting and tax records differ), special elections available to taxpayers, installment reporting, inventory methods, long-term contract accounting, and cash vs. accrual reporting.

ACCT 6265 | 3 credits

Taxation of Individuals Track Electives

Focus your studies on expanding your knowledge of insurance, investments, trusts and estates, income tax liabilities, and retirement plans.

Examines employee benefit plans including requirements for qualification, funding, coverage, and distribution requirements. Discusses a variety of plans including pension, profit-sharing, CODAs, IRAs, SEPs, TSAs, and stock plans.

ACCT 6246 | 3 credits

Examines the general rules for the taxation of estates and trusts. Topics include trusts that distribute current income only, grantor trusts, irrevocable trusts, charitable vehicles, income in respect of a decedent, estates and trusts that may accumulate income or may distribute corpus, and treatments of excess distributions and beneficiaries. Prerequisite: ACCT 5232.

ACCT 6248 | 3 credits

Surveys the investment products that can be used for financial planning. Emphasis is on constructing the investment plan, the investment policy statement, the asset allocation strategy, and implementation recommendations. Prerequisite: ACCT 5232.

ACCT 6249 | 3 credits

Surveys insurance products used for financial planning. Topics include life, accident, health, disability, long-term care, homeowner, auto, and personal liability, with emphasis on personal risk management and the use of insurance products in the financial planning process. Prerequisite: ACCT 5232.

ACCT 6250 | 3 credits

Examines advanced strategies for maximizing personal goals (including probate avoidance, tax minimization, and asset protection) related to property passed from one generation to another. Emphasizes trust vs. will planning and other vehicles for estate planning; the principles of estate taxation; the impact of employee benefits, trusts, and their taxations; and life insurance policies and associated annuities.

ACCT 6264 | 3 credits

Global Experience Elective

Designed to give students intense exposure to the global business environment by immersing them in the business practices and culture of a country or region outside the United States. The course is taught primarily in the country or region of interest and involves a mix of classes, company site visits, and cultural activities. Fulfills the globalization requirement in the full-time MBA program. May be repeated without limit.

INTB 6230 | 3 credits

Meet some of our students

“I chose D’Amore-McKim because it fit all my wants as a prospective student, and it has been recognized as a top school nationally for its MS in Taxation program,” Sierra says.

“You can start implementing all the knowledge that you acquire in your daily routine at work and since tax laws are constantly changing, the program teaches you how to stay current with the new laws and regulations,” says Saviñón.

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