Master's Degrees in Tax Accounting

Nobody likes to pay taxes, but just about all of us do. And the penalty for failing to pay taxes -- or making major mistakes on your taxes -- is severe. So it's no wonder that experienced tax accountants tend to be among the highest paid accountants in the profession. Tax accountants are responsible to make sure individuals and businesses comply with tax law, pay their taxes on time, and minimize their tax liability. If you'd like to work as a tax accountant, a master's degree in tax accounting provides an advanced education to launch your career. A master's degree in tax accounting teaches you to prepare for mergers and acquisitions, track financial performance, execute tax strategies, manage health care benefits, prepare financial statements, record business transactions, and develop business strategies, all with the aid of industry-standard tax accounting technologies. A master's degree in tax accounting is a two to three-year graduate degree that qualifies you for an advanced position in tax accounting or can be used as a steppingstone to a doctorate degree in a related field.

Master's Degree in Tax Accounting Success Factors

Earning a master's degree in tax accounting requires that you are excellent with team building, are able to identify and control risk, possess strong communication skills, and have strong problem-solving skills.

Master's Degree in Tax Accounting Curriculum

In addition to advanced coursework in the field of tax accounting, you may be required to complete a master's thesis and/or a comprehensive examination, also known as comps. A master's thesis in tax accounting is an extensive research paper on a significant topic in the field of tax accounting, while comps involve extensive testing of all the subjects pertinent to the field of tax accounting. The courses you take while earning a master's degree in tax accounting are designed to train you in all phases of tax law and tax accounting, including auditing, individual and corporate taxation, accounting information systems, and cost accounting.

Tax Accounting Jobs

A master's degree in tax accounting is an advanced educational credential that will qualify you for most careers in the field of tax accounting. Tax accounting is one of the most needed skill positions and the job market is always strong for accountants. Typical tax accounting careers include government tax accounting, bookkeeping, tax consultation, internal auditing, non-profit tax accounting, Certified Public Accounting, managerial tax accounting, and IRS auditing. People who graduate with a master's degree in tax accounting find job opportunities in a number of industries.