Foundations of Tax Practice
Graduate Badge
Grand Rapids • Online • Face to face • Online • 12 Credits
The Foundations of Tax Practice Graduate Badge prepares students for entry-level tax research, planning, and preparation for corporations, partnerships, estates, gifts, and trusts.
Overview
The Foundations of Tax Practice badge covers essential skills, such as explaining tax research techniques and formal written communication, understanding the hierarchy of tax law sources—including the Internal Revenue Code, case law, and administrative regulations—and conducting research to provide tax law conclusions for various issues. These include the taxability of corporations and their shareholders, transfer tax rules, and the formation and operation of partnerships.
Students pursuing this badge will learn techniques for tax research, planning, and preparation for corporations, partnerships, estates, gifts, and trusts. Topics include:
- Understanding the hierarchy of tax law sources (such as the Internal Revenue Code, case law, and administrative regulations).
- Conducting tax research to resolve issues related to the taxability of corporations and their shareholders.
- Transfer tax rules.
- The formation and operation of partnerships.
- You will also develop skills in formal written communication for presenting tax law conclusions.
This credential equips students with essential skills in tax research, planning, and preparation for corporations, partnerships, estates, gifts, and trusts. Students learn to navigate key tax law sources like the Internal Revenue Code and case law, develop tax research techniques, and provide tax law conclusions on issues such as corporate taxability, transfer tax rules, and partnership formation. This knowledge prepares students for a successful career in tax practice.
A digital badge, or badge, is a record of achievement that recognizes a student's completion of a coherent and meaningful academic experience. GVSU offers both credit and non-credit bearing badges as digital credentials. Credit-bearing badges include anywhere from 0.5 to 15 academic credits and may include additional noncredit criteria. Credit-bearing badges are also posted to the academic transcript.
Seidman College of Business
gvsu.edu/seidmangrad
50
Front Ave SW, suite 1031
(616) 331-7400
Career Opportunities
Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.
Top skills- Reading Comprehension
- Critical Thinking
- Active Listening
- Speaking
- Judgment and Decision Making
Earnings statistics
| Annual Earnings | Percentile |
|---|---|
| $ 48,805.51 | 10% |
| $ 61,191.77 | 25% |
| $ 77,463.63 | 50% |
| $102,634.81 | 75% |
| $137,707.17 | 90% |
Prepare tax returns for individuals or small businesses.
Top skills- Reading Comprehension
- Active Listening
- Critical Thinking
- Speaking
- Active Learning
Earnings statistics
| Annual Earnings | Percentile |
|---|---|
| $ 25,087.19 | 10% |
| $ 34,872.64 | 25% |
| $ 46,466.90 | 50% |
| $ 68,390.19 | 75% |
| $112,774.51 | 90% |
Drive a motor vehicle to transport passengers on an unplanned basis and charge a fare, usually based on a meter.
Earnings statistics
| Annual Earnings | Percentile |
|---|---|
| $ 7,093.25 | 10% |
| $ 15,582.19 | 25% |
| $ 25,731.65 | 50% |
| $ 41,235.62 | 75% |
| $ 76,004.51 | 90% |
Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.
Top skills- Reading Comprehension
- Active Listening
- Speaking
- Critical Thinking
- Active Learning
Earnings statistics
| Annual Earnings | Percentile |
|---|---|
| $ 30,804.80 | 10% |
| $ 45,635.20 | 25% |
| $ 59,155.20 | 50% |
| $ 79,996.80 | 75% |
| $114,025.60 | 90% |
"Best College for Accounting and Finance"
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Scholarships
Grand Valley State University offers a wide variety of merit-based
scholarships. For information on all of the scholarships that are
available to students, please visit Scholarships at GVSU.
Grand Valley offers myScholarships
(a scholarship matching tool) to help admitted students match
with GVSU scholarships, as well as external scholarship opportunities.
myScholarships will prompt you to answer questions to help match you
to scholarships for which you might qualify.
The L. William Seidman Center
The center of all things business at Grand Valley, the L. William Seidman Center houses the Seidman College of Business and features multipurpose room for lectures and events, a state-of-the-art trading room, and student collaboration and study spaces.
Graduate Assistantships
Seidman College offers several assistantships for full-time graduate students (enrolled in at least 9 credit hours/semester) in good academic standing. Full-time graduate assistantships require a 20-hour per week work assignment for 16 weeks per semester. GA's receive tuition credit for up to 9 credits and receive a $4,000 stipend each semester (fall and winter).
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