Doing taxes is not something fun for everyone. But for those with a knack for working out complex tax forms and individual tax accounts, a career in taxation can be quite worthwhile. Bear in mind that taxes are here to stay for quite some time, and you’ll understand that a job in this field is long and lasting. Degree Options for Taxation The following degree levels are available for taxation: …
Doing taxes is not something fun for everyone. But for those with a knack for working out complex tax forms and individual tax accounts, a career in taxation can be quite worthwhile. Bear in mind that taxes are here to stay for quite some time, and you’ll understand that a job in this field is long and lasting.
Degree Options for Taxation
The following degree levels are available for taxation:
Online Certifications: Varying from a few months to a year, these can be taken up by new entrants in the field of taxation, or for specialization by tax degree holders
Online Associate’s Degree: This 2-year program trains students in basics of taxation and accounting
Online Bachelor’s Degree: A 4-year program, this covers courses in taxation, accounting and economics and prepares one for specializing in a particular area of taxation.
Online Master’s Degree: This degree program usually focuses on a specialty area related to taxation, teaching students courses in advanced taxation.
Doctorate in Taxation: This is an intensive, research-based degree, for which students have to prepare an original thesis with new insights for the field of taxation.
Typical Curriculum of Online Taxation Degrees
The courses for bachelor’s degree students include:
Personal Taxes
Business Taxes
Financial Accounting
Cost Accounting
Business Law
Corporate Taxation
Quantitative Business Methods
For Master’s degrees, more advanced courses are taught, such as:
Corporate and Shareholder Taxation
Individual Taxation
Tax Research
Partnership and Partner Taxation
International Tax Systems
Value Added Taxes
Tax Practice and Procedures
Career Choices
Those holding degrees in taxation can purse the following careers:
Taxation Accountant
Certified Tax Preparer
Tax Examiner
Tax Collector
Revenue Agent
Salary and Job Outlook
The mean annual wage for tax preparers is around $39,410, while the median annual wage for tax examiners, collectors and revenue agents is $49,360. Jobs for the latter are expected to grow by 7 percent between 2010 and 2020. As for accountants in general, a job growth rate of 16 percent between 2010 and 2020 is expected, while their median annual wage is $61,690.
Knowing all these facets of a career in taxation, will you like to pursue a degree in this field?
