2023-2024 Undergraduate & Graduate Catalog
Badge in Advanced Tax Practice
The School of Accounting's badge in advanced tax practice (not a degree or a certificate) is designed to prepare students for advanced level tax research and planning for a variety of situations, including tasks such as:
- Research and provide tax law conclusions for tax issues posited by various tax fact patterns regarding the following:
- Employee benefit plans and executive compensation under the Internal Revenue Code and ERISA, with an in-depth review of the requirements for qualified retirement plans, for welfare plans (medical, dental, vision, disability, etc.), and applicable federal mandates (COBRA, HIPAA, etc.), and for nonqualified and stock-based plans
- Fundamental concepts applicable to tax accounting periods and to consolidated income tax returns, including income and expense recognition, the installment method, inventories, changes in accounting methods and periods, qualification and filing of consolidated tax returns, intercompany transactions, distributions, and basis calculations
- Federal tax practice and procedure, including tax return filing issues, interest and penalties, assessment and collection of tax deficiencies, IRS audits, appeals and enforcement activities, and professional and practical requirements for practice before the IRS
The School of Accounting is accredited by the AACSB (Association to Advance Collegiate Schools of Business), a seal of approval employers' trust.
Successful completion of ACC 622 or permission of the program director. Applicants seeking this badge while undergraduate or dual-enrolled students must specify whether each course will count toward their current undergraduate degree or a future graduate degree.
The advanced tax practice badge is comprised of three courses (9 credits) that are offered on the Pew Grand Rapids Campus at the L William Seidman Center in downtown Grand Rapids. The badge may be completed fully online, with courses offered synchronously or asynchronously online.