TAX 2401 - Trusts, Estates, and Gifts: Accounting and Taxation

3 credits
Prerequisites: TAX 2000 or permission of the Dean
This course covers definitions and operations of the various fiduciary forms of wealth transfer including: 1) fiduciary accounting principles and concepts; 2) record keeping requirements; 3) various tax reporting requirements, forms and calculations. This course is also required and designed for students preparing to graduate and transition to employment and/or continuing education. Students are required to write a paper on a contemporary topic or issue, produce a resume and cover letter, and pass a comprehensive examination demonstrating the learning outcomes from the core accounting courses in the program.