Complete the four (4) core courses
Federal Income Taxation (3)
This course introduces students to the system of federal income taxation of individuals. The tax system is studied with emphasis on basic concepts rather than detailed computations. Significant attention is given to the public policy served by various provisions of the Internal Revenue Code. Primary consideration is given to principles and policies relating to the taxation of individuals including procedure, income, deductions, gains and losses, and transactional aspects of income taxation. The Internal Revenue Code and Regulations are emphasized.
Advanced Federal Income Tax (2)
This course is a continuation of the basic Federal Income Taxation course. It includes federal income tax topics that are not generally addressed in detail or at all in the basic course, such as: in-depth coverage of tax accounting issues, taxation of intellectual property, taxation within families, tax consequences of litigation, alternative minimum tax, employee benefits and deferred compensation, and an introduction to basic issues of tax policy. This course is a core requirement for the Taxation certificate. Prerequisite: Federal Income Taxation.
Estate and Gift Taxation (3)
A comprehensive study of the federal wealth transfer tax system, including the gift tax, the estate tax and the generation-skipping transfer tax. Coverage includes the tax treatment of property owned at death and property transferred during life, the marital and charitable contribution deductions and other deductions and credits. The course includes procedural and valuation issues, including related income tax basis planning. Non tax law aspects of estate planning are also studied for taxable and nontaxable estates. Prerequisite: Federal Income Tax.
Taxation of Business Organizations (3)
Problems in the taxation of subchapter K partnerships, subchapter C corporations, and subchapter S corporations are covered by this course. Topics pertaining to partnership taxation include the formation, operation, and termination of general and limited partnerships. Class discussion is held concerning the definition of the partnership and the possible treatment of a partnership and the possible treatment of a partnership as an association. Topics pertaining to corporate taxation include tax treatment of a corporation and a corporate shareholder with respect to corporate formation; organization and property transfers, dividends and distributed income; accumulated earnings and undistributed income; non-liquidating corporate distributions; collapsible corporations; personal holding companies; and sale or liquidation of a corporation. Prerequisite: Federal Income Tax.
Complete one (1) of the following
Federal Tax Research (2)
An area often ignored in traditional legal research courses is the array of materials dealing with tax matters. These specialized materials are often separated from other library materials, and many practicing attorneys possess little ability to research tax matters for their clients. This course explores techniques in tax research and is also an extensive survey of primary and secondary sources in taxation. Classes focus on online research; there are several homework assignments and a short final paper. Prerequisite: Federal Income Tax.
U.S. Tax Court Clinic (3)
Under a special IRS and Tax Court rules of practice, students in this clinical education course handle actual cases on a wide variety of tax issues at various stages of exam, appeal, court and collections. Under supervision of Attorney-Professors, students are responsible for all aspects of their cases including meeting with clients, gathering facts and evidence, researching applicable laws, and meeting with the IRS to discuss case in an effort to negotiate a favorable outcome. If the case is for trial, the student normally represents the client in court and completes all post trial work. Although there are occasional meeting outside of class time and students are expected to attend at least one US Tax Court trial calendar in Los Angeles.
Tax Procedure and Administration (3) with mandatory clinic component (1)
The clinical component of the Tax Procedure and Administration course allows students to handle actual tax controversy cases for low income taxpayers on a pro bono basis before the IRS and in U.S. Tax Court under special rules of student practice. Students learn the practical application of tax procedures and handle all aspects of their 14 cases, including trial if necessary. Prerequisite: Federal Income Taxation and concurrent enrollment in Tax Procedure and Administration.
The clinical component of the Tax Procedure and Administration course allows students to handle actual tax controversy cases for low income taxpayers on a pro bono basis before the IRS and in U.S. Tax Court under special rules of student practice. Students learn the practical application of tax procedures and handle all aspects of their cases, including trial if necessary.