Tax Education

Detailed profiles of schools for Tax from the EdRef college search portal.

Tax programs are usually a specialization within the study of law that focuses on tax legislation, tax policy, and approaches to tax problems. Almost every major decision - financial, organizational -- made today by individuals, businesses, and other organizations has critical tax considerations. Lawyers working for corporations need to understand the tax consequences of mergers and acquisitions; lawyers working for nonprofit organizations need to be aware of the tax laws pertaining to these organizations; and lawyers working for individuals and families need to be familiar with tax laws that govern marriage, divorce, children, and property.

Students in these types of programs gain an understanding of the current tax code, the practice of this code, and the ethics involved in that practice. Students typically get the opportunity to specialize in a particular area. They learn legislative history and current problems associated with certain types of transactions. They study the four areas of tax law: Property Transaction, Partnership Transaction, Corporate, and International Taxation.