Taxation Schools in Maryland
While only one school in Maryland offers degree programs in taxation, classes in taxation are often available in schools' accounting programs. Such programs cover industry software, math skills and laws relevant to those interested in becoming finance or tax professionals. Some programs also include internships. The schools listed below offer programs in accounting and finance, which include classes related to taxation.
Students wishing to become accountants or to work in taxation may need to pass the state certified public accountant (CPA) exam, which requires 150 credit hours of academic training. Since bachelor's degree programs generally require fewer credits to complete, some schools offer certificate programs to allow students to attain the required 150 hours to sit for the CPA examination. These programs usually include courses in taxation.
Baltimore City Community College
Baltimore City Community College (BCCC) offers a certificate and an associate degree program in accounting at its Baltimore-based Liberty Campus. Both programs include a course in income tax accounting that covers topics like tax law, determining taxable income, and tax accounting software. In addition, students take a personal financial management class that offers instruction in tax management.
Frostburg State University
The Bachelor of Science (BS) program in accounting at this university in Frostburg includes two taxation courses that cover such subjects as partnership taxation, software for tax preparation, and federal income taxes. Students who minor in accounting also have the option to take these classes, and accounting majors may additionally undertake a professional practicum in taxation for program credit. FSU also offers a combined degree program in which students concurrently earn a bachelor's degree in accounting and a Master of Business Administration (MBA). This dual degree program fulfills the 150 hours of subject education necessary to sit for the CPA exam.
Harford Community College
Harford Community College (HCC) in Bel Air houses a CPA exam preparation certificate program and an Associate of Applied Sciences (AAS) degree program in accounting. The certificate program is available to students with a bachelor's degree seeking to meet the minimum number of accounting hours needed to take the CPA examination. Students pursuing this certificate are required to take one course in taxation, with the option to undergo an additional one as an elective. The accounting AAS program incorporates elective taxation class options, in which students can learn about tax credits, federal income tax laws, and partnership taxes.
Morgan State University
Morgan State University (MSU) is located in Baltimore and awards a BS in Accounting that includes both mandatory and elective study in taxation. Students are required to undergo a class that addresses such areas as individual tax planning and federal tax structure, while a further course covering estate tax, tax research, and installment sales is offered as an elective. These courses are also available to fulfill requirements for MSU's minor in accounting. Students may earn additional academic credit by volunteering with a program that helps individuals complete their income tax returns. MSU's accounting program is accredited by the Association to Advance Collegiate Schools of Business (AACSB).
Prince George's Community College
Students can take taxation classes in any of several accounting programs at Prince George's Community College's (PGCC) main campus in Largo. PGCC awards a letter of recognition in accounting and taxation, a certificate in accounting, an AAS in Accounting Professional, and a CPA preparation certificate. In all of these programs, students can learn about such aspects of federal income tax as individual tax procedures, tax legislation, and tax-related court rulings, with additional study in the taxation of businesses, estates, and trusts available in the certificate and AAS programs. The CPA preparation certificate program is designed to offer students with a bachelor's degree the requisite number of accounting hours necessary for eligibility to take the CPA examination.
This Salisbury-based university confers a BS in Accounting that includes study in taxation. In this program, students complete coursework in income tax accounting, tax planning, IRS forms, and practical tax provisions. SU accounting majors may also choose to take a course on partnership and corporate tax accounting. Students pursuing the minor in accounting at SU may take a taxation course to fulfill the elective requirement.
This university, which is based in Towson, offers both undergraduate and graduate programs in accounting that incorporate taxation classes. In the bachelor's degree program in accounting, Towson students partake in a required course that includes study in gross income tax laws, income tax rate calculation, and tax deductions; the curriculum also encompasses an elective option in more advanced tax accounting. Students pursuing the university's Master of Science (MS) in Accounting and Business Advisory Services undergo classes in tax policy and the taxing of entities, which address subjects like legal considerations in taxation, legislative tax proposals, gift taxes, administrative procedures, and ethical considerations. Towson's accounting program is AACSB-accredited.
University of Baltimore
Located in Baltimore, this university houses a graduate-level taxation program that is open to attorneys and accountants and culminates in either a Master of Laws (LLM) or a Master of Science (MS) in Taxation. To earn the LLM in Taxation, students must begin the program with a Juris Doctor (JD) or equivalent degree. Students in this program may choose to simultaneously acquire a graduate certificate in estate planning by undergoing particular electives. The required curriculum for the LLM and MS programs is the same, incorporating coursework in subjects such as partnership and corporate taxation, tax writing and research, taxation policies, federal income taxation, and tax procedures. Students additionally choose from electives that cover topics such as tax-exempt organizations, bankruptcy taxation, foreign taxation, and welfare benefit plans. Classes for both programs take place during weekday evenings, and students typically enroll on a part-time basis and complete the program in two or three years.
University of Maryland - Baltimore County
The University of Maryland - Baltimore County (UMBC) is located in the city of Baltimore and offers a pre-professional accounting certificate program. This program, which is available to UMBC undergraduate students majoring in any subject, is formulated to provide the credits needed beyond a bachelor's degree to reach the 150 hours necessary to take the CPA exam. Students receive instruction in areas including individual federal taxation, taxation of corporations, and tax return preparation.
University of Maryland - College Park
Students pursuing a bachelor's degree in accounting at the University of Maryland campus in College Park can take one required and one voluntary course in taxation. The mandatory course in individual taxation provides instruction in deductions, capital transactions, and business assets. Accounting students can fulfill an elective requirement with the corporations and partnerships tax course, which covers such topics as merger, liquidation, and operation taxation, as well as taxes on estates and gifts.
School Comparison: At a Glance
|School Name||School Type and Setting||Programs in Taxation or with Taxation Classes Offered||Tuition and Fees (2018-2019)|
|Baltimore City Community College||2-year, public; large city|| Accounting Certificate,
Associate of Applied Science in Accounting
|$3,146 in-state; $7,226 out-of-state*|
|Frostburg State University||4-year, public; remote town|| Bachelor of Science in Accounting,
Minor in Accounting
|$9,172 in-state; $22,892 out-of-state*|
|Harford Community College||2-year, public; suburban|| Associate of Applied Sciences in Accounting,
CPA Exam Qualification Lower-Level Certificate
|$3,715 in-district; $5,887 in-state; $8,060 out-of-state*|
|Morgan State University||4-year, public; large city|| Bachelor of Science in Accounting,
Minor in Accounting
|$7,900 in-state; $18,167 out-of-state*|
|Prince George's Community College||2-year, public; suburban|| Letter of Recognition in Accounting and Taxation,
Certificate in Accounting,
Associate of Applied Science in Accounting Professional,
CPA Preparation Certificate
|$3,770 in-district; $6,050 in-state; $8,498 out-of-state*|
|Salisbury University||4-year, public; suburban|| Bachelor of Science in Accounting,
Minor in Accounting
|$9,824 in-state; $19,526 out-of-state*|
|Towson University||4-year, public; small city|| Bachelor of Arts in Accounting,
Bachelor of Science in Accounting,
Master of Science in Accounting and Business Advisory Services
|$9,940 in-state; $23,208 out-of-state*|
|University of Baltimore||4-year, public; large city|| Master of Science in Taxation,
Master of Laws in Taxation
|Graduate: $15,260 in-state; $21,416 out-of-state*|
|University of Maryland - Baltimore County||4-year, public; suburban||Accounting Certificate||$11,778 in-state; $26,872 out-of-state*|
|University of Maryland - College Park||4-year, public; suburban||Bachelor of Science in Accounting||$10,595 in-state; $35,216 out-of-state*|
Sources: *NCES College Navigator.