A PhD usually involves students engaged independently in original and significant research in a specific field or subject prior to the production of a publication-worthy thesis. By undertaking a PhD, you will become an expert, possibly an international expert, in your chosen field. A doctorate is the highest academic degree that can be awarded by a university. In Germany, studying for a doctorate means working intensively on a specific subject or research project over a long period of time. The duration of the doctorate also varies. Three to five years is typical. If you decide to take a doctorate, you can choose between different forms of study.
Are you a student trying to find out about the PhD In Taxation USA? If so, then you’ve come to the right place. Find out all the information you need on PhD In Taxation USA and so on right here on Collegelearners.com. You can also learn about the latest findings on eligibility for phd in taxation, PhD in taxation salary, phd in taxation UK, phd in tax law and phd in tax law and policy.
PhD In Taxation USA Overview
Students in accounting Ph.D. programs develop research and critical thinking skills necessary to address current and future issues in the field. Programs study regular accounting methods, taxation, finance, decision theory and statistical data. Subjects can vary greatly in scope, but some examples related to taxation include the effect of tax-induced incentives on corporations and organizations and the economic impact of federal regulations on accounting information. Program specializations include financial reporting and information economics in accounting.
In a Ph.D. program for accounting, students typically complete a dissertation, which is often subject to faculty review and published upon completion. Graduates are prepared to contribute research in the areas of accounting and taxation.
Most accounting doctoral programs require that students complete an undergraduate degree before enrolling, although the completion of some type of additional 2-year graduate program is also encouraged. A common master’s degree that works as a precursor to a Ph.D. in Accounting is a Masters of Business Administration (MBA). Incoming students are expected to have an understanding of upper-level mathematics, including calculus, statistics, analysis and probability.
Taxation Doctoral Programs
Ready to earn your doctorate in taxation? Many tax accounting professionals who choose to earn their doctorate in taxation opt for a J.D., which stands for Juris Doctor or Doctor of Jurisprudence. This is a professional doctorate of law, which is typically earned by completing law school. J.D. candidates may choose to go on to practice law, or to apply their legal knowledge of taxation in other professional settings. If you’re interested in earning your J.D. but haven’t earned your master’s yet, you might even consider dual or continuous programs, as a J.D. in taxation may sometimes be offered in conjunction with an MST or LL.M degree.
You may also be able to find some Ph.D. programs focusing on taxation or tax law. These programs might be less common, but may be great if you’d like to pursue research or teach at the university level. Typically PhDs are organized around a dissertation, allowing students to further focus their education and conduct independent research. You might also wish to look for programs where the faculty is conducting research in your area of interest, as students may be able to work as research assistants.
Most doctorate in taxation programs require a masters degree in a related area. Other application requirements may include test scores, recommendations and professional experience. Contact programs to learn more.
What Kinds of Tax Law Programs Award a Ph.D.?
Ph.D. programs in tax law are hard to find, though a few exist. However, you can also choose to earn dual Juris Doctor (J.D.)/Master of Laws (LL.M.) in Taxation or J.D./Master of Taxation degrees. Both programs require a bachelor’s degree prior to enrollment and prefer accounting majors. If you have a 4-year degree in another field, you’ll need to complete prerequisite coursework prior to enrolling in taxation courses.
A dual-degree program is the most common way to receive legal instruction specific to practicing tax law. Master’s programs in taxation teach you how research tax law, represent clients in tax court and comply with existing regulations. In the workforce, you can help clients deal with the taxation aspects of real estate transactions, sales, corporate organization and probate matters. The J.D. curriculum provides you with legal training and qualifications to sit for a state bar exam and become a practicing lawyer.
Program Types | Ph.D. in Tax Law, dual J.D./LL.M in Taxation, dual J.D./Master of Taxation |
Online Availability | While there are some online J.D. programs, the American Bar Associate does not recognize any, though graduates of such programs may qualify to take the bar exam. Students can complete requirements for a master’s degree in taxation online however. |
Common Courses | Constitutional law, contracts, torts, sales tax regulations, due process |
Certification & Licensure | Before practicing law, students must pass the bar exam in the state in which they plan to work |
Job Outlook (2016-2026) | 8% growth (for lawyers)* |
Median Salary (2018) | $120,910 (for lawyers)* |
Source: *U.S. Bureau of Labor Statistics
Can I Earn the Degrees Online?
Though several schools offer a J.D. degree program fully or partially online, the American Bar Association (ABA) doesn’t recognize or approve any. Graduates of an online program may qualify to sit for a state bar exam; however, many states depend on the ABA’s academic standards. You may be able to complete requirements for a Master of Taxation or Master of Laws degree online.
What Will I Learn?
Regardless of which type of program you choose, you’ll complete the standard requirements to earn a J.D. degree. These include courses in constitutional law, contracts, torts, legal writing and due process. Many schools offer you the opportunity to participate in law clinics under the supervision of licensed attorneys, providing you with practical experience representing clients.
Master of Taxation studies cover real estate, corporate, employment and sales tax regulations and transactions for the purposes of tax planning. You’ll also learn tax strategies, issues that arise in tax litigation and how to prepare individual and business tax returns. Coursework in an LL.M. program contains similar topics, as well as tax policy and internal revenue procedures.
What Do I Need to Practice Law?
Before you practice law, you’ll need to pass the state bar exam to become licensed in the state you plan to work. States may recognize experienced lawyers licensed in another state. Depending upon the nature of your practice or clients, you may also need to apply for admission to the bar of state supreme courts, U.S. circuit courts, U.S. appeals courts or the United States Supreme Court.
If you plan on representing clients before the Internal Revenue Service (IRS), you’ll need to apply to the IRS’ Office of Professional Responsibility. This office administers an exam that establishes your competency in tax law. This exam is open to lawyers, certified public accountants and others who have technical expertise in tax law.