If you’re an attorney, you may be able to earn the MST degree in as few as nine courses. You can also waive the GMAT or GRE if you graduated from an ABA-approved law school.

Having an MST degree will broaden the industries and employers available to you. Whether you want to work at a public accounting firm, in corporate tax departments of large companies, in trust departments of bank and financial services firms, or small tax advisory practices, the MST is a lucrative complement to your JD.

This degree is particularly essential if you are employed by, or hope to be employed by, a CPA firm. Many of the largest CPA firms employ more attorneys worldwide than the largest law firms. But if you want to get promoted or become partner, you’ll need more than a JD. You need an advanced degree in taxation.

The program is offered full-time and part-time at our main campus in Boston.

See if you qualify for course waivers or transfer credits.

 

Accelerated MST for Attorneys Curriculum

Required Introductory Course (1 credit)

Must be taken on campus in first semester of program.

  • SBS-700 You As a Leader: Effective Career Planning

    Credits:

    1.00

    Description:

    SBS 700 is the first required course in Suffolk's graduate programs. The course is based on the precepts of experiential learning. Based on the idea that people learn best by participating in meaningful activities, this course provides students with the opportunity to learn about and experience first-hand the many complexities of business and the role of top managers. To accomplish this, SBS 700 is composed of several distinct parts, including the completion of a self-assessment instrument and their own written career development plan. In the campus sections of SBS 700, students will work in small groups as they take on the roles of top managers in a hands-on behavioral simulation. In the online sections, students will conduct a 360 degree evaluation to provide feedback.

Accounting Preparation Courses (6 credits)

May be waived with credit.
  • ACCT-800 Graduate Financial Accounting I

    Credits:

    3.00

    Description:

    This introductory-level accounting course provides students with a solid base in accounting fundamentals, including U.S. GAAP, the conceptual framework, nature of accounts, journal entries, and ultimately, financial statements. Provides in depth coverage of the process by which accountants analyze, journalize, post, and summarize transactions. Reviews and analyzes multiple examples of current financial statement presentations. Financial ratio analysis and time value of money techniques will be integral to this learning experience. For MSA, GDPA, & MST Students this is the first course in the financial accounting sequence. For MBA students, this potential elective course builds upon concepts learned in MBA 640 which is why it should be taken after completing or waiving MBA 640.

    Term:

    Offered Both Fall and Spring

  • ACCT-801 Graduate Financial Accounting II

    Prerequisites:

    ACCT-800 or MSA Program Director permission

    Credits:

    3.00

    Description:

    This is the first of two intermediate-level accounting courses that build on students' learning in ACCT 800, going in-depth into measurement and reporting of asset, liability, and stockholders' equity accounts for external financial reporting purposes. Discusses pronouncements of authoritative sources such as the SEC, AICPA, and the FASB. Introduces students to IFRS and their similarities to and differences from U.S. GAAP. Develops strong critical thinking and problem-solving skills.

    Term:

    Offered Both Fall and Spring

MST Core Courses (15 credits)

A maximum of two core courses can be waived. Total combined course waivers/transfers for accounting preparation and/or core courses cannot exceed three (3).

  • TAX-801 Federal Taxation I

    Credits:

    3.00

    Description:

    Focuses on the federal income taxation of individuals with some discussion of business taxation. Explores the basic structure of individual income taxation, including the individual tax formula, income, deductions, and credits, and provides an introduction to property transactions. Emphasizes how tax laws affect everyday personal and business decisions.

    Term:

    Offered Both Fall and Spring

  • TAX-862 Taxation of Corporations

    Prerequisites:

    TAX-801 or approval of the MST Director

    Credits:

    3.00

    Description:

    Introduces concepts, principles and practices of taxation of corporations and their shareholders. Covers the effects of taxation on corporate formation, capital structures, distribution and liquidation.

    Term:

    Offered Fall Term

  • TAX-863 Taxation of Pass-Through Entities

    Prerequisites:

    TAX-801 or approval of the MST Director

    Credits:

    3.00

    Description:

    Presents concepts, principles, and practices of taxation of partnerships and S-corporations, including the use of pass-through entities for tax planning.

    Term:

    Summer

  • TAX-864 Tax Practice and Procedures

    Prerequisites:

    TAX-801 or approval of the MST Director

    Credits:

    3.00

    Description:

    Explores strategies of tax practice before the Internal Revenue Service. Covers tax deficiencies, assessments, claims for refunds, rulings, statutes of limitation, penalties, interest assessed, and appeals.

    Term:

    Summer

  • TAX-871 Taxation of Estates, Trusts and Gifts

    Prerequisites:

    TAX-801 or approval of the MST Director

    Credits:

    3.00

    Description:

    Identifies concepts, principles and practices of the transfer taxation of decedents' estates, trusts and lifetime gifts. Covers valuation of property subject to estate and gift taxes, Generation Skipping Transfer Taxes, and the use of trusts for tax planning.

    Term:

    Offered Fall Term

Elective Courses (9 credits)

Students must receive MST Program Director approval when choosing electives other than TAX.

  • TAX-802 Federal Taxation II

    Prerequisites:

    TAX-801 or approval of the MST Director

    Credits:

    3.00

    Description:

    Presents further consideration of tax issues as they affect the sole proprietor, including the Alternative Minimum Tax, nontaxable exchanges, basis rules, and passive activities.

    Term:

    Offered Spring Term

  • TAX-865 International Taxation Outbound

    Prerequisites:

    TAX-801 and TAX-861 or approval of the MST Director

    Credits:

    3.00

    Description:

    This course studies the U.S. taxation of U.S. persons with non-U.S. income and/or activities. Covers foreign tax credit and foreign tax credit limitation, individuals with earned foreign income, controlled foreign corporations, Subpart F, investment in U.S. property, and transfer pricing. Also address compliance and disclosure requirements.

    Term:

    Summer

    Type:

    MBA International Business

  • TAX-866 State & Local Taxation

    Prerequisites:

    TAX-801 and TAX-861 or approval of the MST Director

    Credits:

    3.00

    Description:

    This course strikes a balance between theoretical concepts and practical, real-world issues and covers the interrelationships between the federal and state taxation systems. Includes the coverage of sales and use taxes, corporate income, franchise taxes, and excise taxes.

    Term:

    Offered Fall Term

  • TAX-867 Advanced Topics in Corporate Tax

    Prerequisites:

    TAX-801 and TAX-862 or approval of the MST Director

    Credits:

    3.00

    Description:

    Examines tax-free and taxable acquisitions/reorganizations in relation to various acquisitive and reorganizational transactions as well as consolidated returns. Covers continuity of enterprise and interest issues in conjunction with the tax treatment accorded a transaction, as well as carryover, basis and compliance provisions.

    Term:

    Offered Spring Term

  • TAX-868 Estate Planning

    Prerequisites:

    TAX-801 or approval of the MST Director

    Credits:

    3.00

    Description:

    Includes a review and analysis, from an estate planning prospective, of legal principles critical to the development of an effective dispositive plan with a primary focus on past, current and proposed Federal tax law principles (under the income, gift, and estate tax statutes) pertinent to the development of a variety of estate plans. In addition, the course includes the discussion of particular estate planning problems and techniques for the purpose of determining the most effective means of achieving the client's goals.

    Term:

    Summer

  • TAX-870 Federal Income Taxation of Estates & Trusts

    Prerequisites:

    TAX-801 or approval of the MST Director

    Credits:

    3.00

    Description:

    Presents concepts, principles and practices of income taxation of decedents' estates and trusts. Covers grantor trusts, charitable trusts, income in respect of a decedent, and accounting for income retained or distributed to beneficiaries via issuance of K1s.

    Term:

    Summer

  • TAX-872 Tax Exempt Organizations

    Prerequisites:

    TAX-801

    Credits:

    3.00

    Description:

    Studies tax and non-tax issues in the formation of tax exempt organizations. Covers feeder organizations and unrelated business taxable income in depth. Also covers loss of tax exempt status and ceiling limitations on gift giving.

    Term:

    Offered Both Fall and Spring

  • TAX-874 International Taxation Inbound

    Prerequisites:

    TAX-801 and TAX-861 or approval of the MST Director

    Credits:

    3.00

    Description:

    Studies U.S. taxation of non-U.S. persons with activities in the United States. Covers source of income, business investment, and financial planning from a tax perspective for non-U.S. persons doing business in the United States. Also addresses withholding, treaty implications, and compliance and disclosure requirements.

    Term:

    Offered Spring Term

    Type:

    MBA International Business

  • TAX-879 Personal Financial Planning

    Prerequisites:

    TAX-801 or approval of the MST Director

    Credits:

    3.00

    Description:

    Presents the legal, economic, cash flow, tax, investment and insurance ramifications of life and death. Emphasizes tools and techniques necessary to maximize benefits generated from net worth, cash flow, and employment, and minimize the loss resulting from unforeseen contingencies, death, and retirement. Students participate in class discussions and are required to submit a written financial plan for a hypothetical client.

    Term:

    Offered Spring Term

  • TAX-910 Individual Study in Taxation

    Prerequisites:

    TAX-801 or approval of the MST Director

    Credits:

    1.00- 3.00

    Description:

    Enables a student-initiated directed study project. The student and faculty advisor must concur on a written proposal and final report. The project must be approved by the dean of academic affairs prior to registration.

    Term:

    Offered Both Fall and Spring