Today’s financial landscape is complex for individuals and businesses alike, and tax laws can make things even more complicated, especially because they change very often. In this ever-evolving field, having additional knowledge about taxation has become critical.
One of the most effective ways of ensuring that you receive the best and most accurate tax law services is by ensuring that your attorney has a Master of Science in Taxation.
This degree, which is additional to and separate from a law degree, focuses specifically on the intricacies of tax law, policy and administration.
Master of Science in Taxation (M.S.T.)
This advanced degree covers several critical elements in tax law. For example:
- Understanding the nuances of federal and state tax codes.
- How tax laws apply to businesses.
- The tax implications of cross-border transactions.
- Skills to analyze tax issues and create strategic plans to minimize tax liability.
- Understanding the ethical considerations and responsibilities of businesses and tax professionals.
The M.S.T. program equips attorneys with the skills and knowledge necessary to understand complex tax codes, strategize to help individuals and businesses in their tax planning by minimizing their tax liability while ensuring all transactions are legal and ethical, and more.
A Master of Science in Taxation is more than just a tax-related degree. It invites candidates to deepen their knowledge in taxation, the tax codes, evolving tax laws and public policy, so they can serve you, the customer, better.