ACC 606 - Tax Theory, Research & Practice, 3 credit hours

This course develops students’ capacities to deliver tax services far more sophisticated and of much higher value-added than tax return preparation—that is, the ability to form sound professional judgements about the tax consequences of past and proposed transactions and events. This requires attaining firm understandings of tax theory and policy and of the law relevant to taxation, developing legal reasoning and tax law research skills, and becoming familiar with CPA tax practitioners’ professional responsibilities. This course accomplishes those goals while concurrently exposing students to the tax planning process.