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2024-2025 Undergraduate & Graduate Catalog

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Badge in Foundations of Tax Practice

The School of Accounting's foundations of tax practice badge (not a degree or a certificate) is designed to prepare students for entry-level tax research, planning, and preparation for corporations, partnerships, estates, gifts, and trusts, including tasks such as:

  • Explain the techniques of tax research and formal written communication.
  • Explain the hierarchy of tax law sources, including the Internal Revenue Code, case law, administrative regulations, and administrative ruling.
  • Research and provide tax law conclusions for tax issues posited by various tax fact patterns regarding:
    • taxability of corporations and their shareholders, corporate formation, non-liquidating distributions, and redemptions
    • transfer tax rules, including estate tax inclusion, marital deductions, exemption amounts, gift taxes, and annual exclusions, formation and operation of partnerships, including receipt of a partnership interest for services, liquidations, terminations, distributions and sales of partnership interest, calculation of basis, special basis adjustments, decedent partner issues, and LLCs

Website

gvsu.edu/seidmangrad/master-of-science-in-taxation-28.htm

Accreditation

The School of Accounting is accredited by the AACSB (Association to Advance Collegiate Schools of Business), a seal of approval employers' trust.

Admission Requirements

Completion of a bachelor's degree in accounting, with at least a 3.0 cumulative GPA. Alternatively, Seidman College accounting students with senior standing who have completed ACC 310, ACC 311, and ACC 340 with a grade of B or better, who have no more than 35 credits left to complete their undergraduate degree requirements, and who have a cumulative GPA of at least 3.0. 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.

Badge Requirements

The foundation of the tax practice badge is comprised of four courses (12 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.



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