Course Catalog

Golden Gate University offers degree and certificate programs at three teaching centers and online.

NUMBER COURSE TITLE
TA 302
Accountants' Professional Responsibilities and Ethics in Tax Practice

Provides the background and ethical framework that governs the practice of tax at both the federal and state levels. Focuses on the rules that govern the conduct of accountants in federal and state tax practice. Includes an in-depth discussion of Circular 230, the AICPA Tax Practice Standards, the state Boards of Accountancy, and state tax agencies' rules and regulations (to the extent that they exist). Covers eligibility to practice in the tax field for federal and state purposes, client confidentiality and related tax-practitioner privileges, managing conflicts of interest, rules governing fees, standards of practice and disclosure on the tax return, new rules on written advice, practitioner penalties and malpractice claims, performing other services (and the unauthorized practice of law), and best practices for tax advisers. Also covers the states' regulation of tax practice, including multi-jurisdictional practice. Focuses on real-life case studies that illustrate the dilemmas faced by tax practitioners in everyday situations, and addresses the practical questions of operating a tax practice. Prerequisite: TA 318 or equivalent.

Units: 3

TA 306A
Pro Bono Tax Clinic: State Income Tax

Under supervision of an attorney from the California Franchise Tax Board's Taxpayer Rights Advocate Office, students assist taxpayers with state income tax disputes against the state of California. Students receive legal practice skills training, including gathering and identifying evidence, drafting legal briefs, and representing clients/taxpayers in negotiations with the Franchise Tax Board and at oral hearings. This course is graded on a Credit/No Credit basis. Program Director approval is required for all students seeking to register. Cross-listed with and equivalent to LLM 306A.

Units: 1 - 3 , Offered: Spring 2021 , Fall 2020

TA 306B
Pro Bono Tax Clinic: Sales & Use Tax

The Sales and Use Tax Clinic is a hands-on clinic where students will gain real world experience, allowing them to apply what they are learning in the classroom to actual client cases. Under the supervision of an attorney, students will represent actual clients who are appealing Sales and Use Tax assessments issued by the California Department of Tax and Fee Administration (CDTFA). Students will have the opportunity to gain practical legal skills including: client interview and counseling, gathering evidence, preparing legal briefs, performing case strategy, as well as negotiating with auditors and settlement attorneys from the CDTFA. Furthermore, when necessary, students will have the opportunity to represent clients in a litigation setting. And although the cases involve tax issues, students do not need to be focused on tax law to participate. This course is graded on a Credit/No Credit basis. Program Director approval is required for all students seeking to register. Cross-listed with and equivalent to LLM 306B.

Units: 1 - 3 , Offered: Fall 2020

TA 315
Multistate Taxation of Business Entities (other States)

Analyzes the tax treatment, tax problems and tax-planning techniques of corporations and flow through entities engaged in multistate activities. The course is structured as a survey course and will cover the rules and regulations in multiple states. Students will be able to request coverage of specific states that are of interest to them in their practice. Topics include: Constitutional limitations on states' ability to tax multistate corporations and flow through entities, new developments in state doing business standard, state tax treatment of S corporations, partnerships and LLCs, computation of taxable income, business vs. nonbusiness income, formula apportionment, unitary taxation, combined reporting, consolidated returns and water's-edge elections. Case studies are used to illustrate concepts. Prerequisite: TA 318 and TA 329.

Units: 3 , Offered: Fall 2020

TA 318
Advanced Federal Income Taxation

Examines the basics of federal income taxation with emphasis on statutory materials; special attention to problems of individual taxpayers and specific rules regarding gross income, adjusted gross income, taxable income, deductions, exemptions and credits. Students are required to take this course as one of the first two advanced graduate seminars in taxation. Cross-listed with and equivalent to LLM 318. Corequisite: TA 329.

Units: 3 , Offered: Spring 2021 , Fall 2020

TA 319
Federal Tax Procedure

A survey course in the procedural aspects of dealings between taxpayers and their representatives on the one hand and the Internal Revenue Service, IRS Office of Professional Responsibility, the Office of the Chief Counsel for the Internal Revenue Service, and the Tax Division of the Department of Justice on the other hand. It will assist you to understand and prepare to handle practical issues involving your and your clients' or employer's duties, powers, responsibilities, liabilities, privileges, and ethical obligations arising in federal tax practice, including access to information; IRS examinations and appeals; deficiency assessments; interest on underpayments and overpayments; penalties (civil and criminal) against taxpayers, their representatives, and their tax return preparers; statutes of limitations on assessment and collection of taxes and penalties and criminal tax prosecutions; and refund and collection of federal income, estate and gift taxes. Cross-listed with and equivalent to LLM 319.

Units: 3 , Offered: Spring 2021 , Fall 2020

TA 320
Multistate Taxation of California Business Entities

Analyzes the tax treatment, tax problems and tax-planning techniques of corporations and flow through entities engaged in multistate activities. Emphasis is on California law and how it applies to businesses organized or doing business in the state. Topics include: Constitutional limitations on states' ability to tax multistate corporations and flow through entities, new developments in California doing business standard, California tax treatment of S corporations, partnerships and LLCs, computation of income, business vs. nonbusiness income, formula apportionment, unitary taxation, combined reports, consolidated returns and water's-edge elections. Case studies are used to illustrate concepts. Cross-listed with and equivalent to LLM 320. Prerequisite: TA 318 and TA 329.

Units: 3 , Offered: Spring 2021

TA 321
Principles of International Taxation

Presents a broad survey of the rules of US income taxation regarding international transactions. Covers both in-bound transactions - the treatment of non-resident aliens and foreign corporations investing and/or doing business in theed States, as well as out-bound transactions - the treatment of US citizens and residents investing and/or doing business outside the US. Cross-listed with and equivalent to LLM 321. Prerequisite: TA 318 and TA 329.

Units: 3 , Offered: Spring 2021 , Fall 2020

TA 322A
Federal Income Taxation of Corporations and Shareholders I

Analyzes tax treatment, tax problems and tax planning techniques involving transactions between corporations and their shareholders: transfers to corporation; capital structure; dividends and other distributions; stock redemptions and liquidations; stock dividends and preferred stock bailouts; and introduction to S corporations. Cross-listed with and equivalent to LLM 322A. Prerequisite: TA 330. It is recommended that students also complete TA 338 prior to enrolling in TA 322A. Corequisite: TA 338.

Units: 3 , Offered: Spring 2021 , Fall 2020

TA 322B
Federal Income Taxation of Corporations and Shareholders II

Covers specific issues of operating in corporate form: corporate reorganizations and divisions; carryovers of tax attributes; limitations on carryovers. Prerequisite: TA 322A.

Units: 3

TA 323
Multistate Taxation of Individuals, Trusts and Estates

Covers the state tax structure applied to individuals, which includes in-depth coverage of issues related to residency and sourcing of income of nonresidents. Also explores the rules in multiple states and analyzes the constitutional limitations on the state's ability to extend its tax system to nonresidents. Covers state sourcing rules that apply to nonresident partners, shareholders and LLC members. The course will also examine issues related to telecommuting and the mobile work force. Also analyzed are the issue of conformity to federal law in light of massive nonconformity by most of the states; tax incentives offered by the states to encourage job growth; and specialized topics such as state taxation of estates, trusts and their beneficiaries, accounting periods and methods and state taxation of taxable and nontaxable sales and exchanges. Cross-listed with and equivalent to LLM 323. Prerequisite: TA 318 or equivalent.

Units: 3

TA 325
Estate and Gift Taxation

Covers federal estate, gift and generation-skipping transfer taxes; preparation of the federal estate tax return and federal gift tax return. Cross-listed with and equivalent to LLM 325. Prerequisite: TA 318 and TA 329.

Units: 3 , Offered: Fall 2020

TA 326
Real Estate Taxation

Analyzes tax advantages of ownership of real property; how to acquire real property; choice of entity; ownership and operation of real property; sales, exchanges, conversions and abandonments; postponing taxation on sale; tax aspects of mortgage financing; foreclosures and cancellations; leasing real property; hybrid financing through sales and lease backs; partnerships, subdivisions, syndicates, real estate investment trusts; ownership by homeowners associations, co-ops, tax exempt and foreign investors and real estate holding companies. Cross-listed with and equivalent to LLM 326. Prerequisite: TA 329. Corequisite: TA 330.

Units: 3

TA 328
Federal Income Taxation of Partners and Partnerships

Analyzes tax problems of the organization and operation of partnerships including the treatment of partnership distributions, withdrawal of a partner during his/her lifetime, dissolution of the partnership, sales or exchanges of partnership interests. Cross-listed with and equivalent to LLM 328. Prerequisite: TA 330.

Units: 3 , Offered: Spring 2021 , Fall 2020

TA 329
Tax Research and Decision Making

Examines the primary sources of income tax law, the IRC, and administrative and judicial interpretations. The research process will be analyzed, using both paper products as well as electronic resources. Practical written and computerized assignments will be completed using research tools to locate, understand and interpret primary source materials. This is a writing intensive course. Students are required to take this course as one of the first two advanced program seminars in taxation.

Units: 3 , Offered: Spring 2021 , Fall 2020

TA 330
Property Transactions

Analyzes federal income taxation of property transactions, including definition and mechanics of property transactions, definition of capital assets, nonrecognition property transactions, including I.R.C. Sections 121, 1031 and 1033; examination of the at risk and passive loss rules. Cross-listed with and equivalent to LLM 330. Corequisites: TA 318 and TA 329.

Units: 3 , Offered: Spring 2021 , Fall 2020

TA 331
Taxation of Exempt Organizations

Analyzes and compares tax-exempt status under section 501(c) of the Code; sophisticated tax planning for charitable contributions; the use of charitable remainder and lead trusts, charitable gift annuities, bargain sales, charitable contributions as a tax shelter; private foundation excise tax problems; unrelated business income problems; special problems and international philanthropy. Cross-listed with and equivalent to LLM 331. Prerequisite: TA 318 and TA 329.

Units: 3

TA 332
State Tax Research, Practice, and Procedure

Covers the state tax structure applied to all taxpayers, as well as various sources of law in California (and other states). Also covers resources available to locate state tax law on various matters. Examines state tax practice, states that require registration to prepare tax returns and that regulate tax return preparers. Discusses state ethical procedures and rules dealing with such issues as client confidentiality, privileged communication, malpractice and the unauthorized practice of law. Also covers state tax procedure including constitutional authority to tax, limitations on imposing taxes (versus fees) and administrative provisions governing rulemaking. Examines state filing requirements, estimated tax payments and amended returns. Discusses statute of limitations and the audit process, as well as unique state penalties and reporting requirements. Cross-listed with and equivalent to LLM 332. Prerequisite: TA 318 or equivalent.

Units: 3

TA 333
Consolidated Return Regulations

Explores the consolidated tax return regulations, including their conceptual framework, authority and history; eligibility to file; computation of consolidated and separate taxable income; intercompany transactions, attribute limitation rules; consolidated basis adjustments, ELA's, and the unified loss rules. An emphasis will be placed on how these rules impact acquisition planning. Cross-listed with and equivalent to LLM 333. Prerequisite: TA 322A.

Units: 3

TA 334
Estate Planning

Examines selected topics in estate planning, including general legal principles relating to estate planning, including a review of relevant, legal documents; lifetime gifting, including utilization of the annual exclusion and alternative forms of wealth transfer; marital deduction planning, including quantifying the deduction through partial QTIP elections, utilization of the TPT credit, and the use of formula clauses; gifts to charity, including the use of both outright and split-interest gifts; the use of life insurance in estate planning; planning for generation skipping transfers; advising elderly clients; and post mortem planning. Cross-listed with and equivalent to LLM 334. Prerequisite: TA 325.

Units: 3 , Offered: Spring 2021

TA 336
Introduction to Data Analytics for Tax

Accounting and Tax professionals are increasingly expected to use analytics to reduce tax burdens, improve business operations. and enhance audit analysis and procedures. This course takes a hands-on approach to demonstrating how data analytics is used by accounting and tax professionals in forecasting, financial reporting, and modeling the regulatory impact on the tax and accounting aspects of business operations. Students will have the opportunity to practice using popular data analytics tools in both audit and tax settings. Cross-listed with and equivalent to ACCTG 336.

Units: 3 , Offered: Spring 2021 , Fall 2020

TA 337
Individual Retirement Plans and Distributions

Presents a discussion and analysis of the estate, income and excise tax treatment of retirement plans, SEPS and IRAs. Includes various methods of distribution at age 70 1/2, naming of individuals or trusts as beneficiaries, marital deduction and non-citizen spouse issues, comparison of deferral and payment of benefits during life and after death. Emphasis on actual case studies and examples of the interplay between estate and income tax consequences of retirement plans and IRAs. Cross-listed with and equivalent to LLM 337. Prerequisite: TA 318 and TA 329.

Units: 3

TA 338
Tax Timing

Examines issues related to the allocation of items of income and deduction to the proper taxable year, including adoption of tax year end; definition of method of accounting; the annual accounting concept; cash, accrual and installment methods of accounting; time value of money; and the Uniform Capitalization Rules. Corequisites: TA 318 and TA 329. Cross-listed with and equivalent to LLM 338.

Units: 3 , Offered: Spring 2021 , Fall 2020

TA 339
Automation and Innovative Technologies

Advancements in technology are reshaping the very nature of work and management for all aspects of business enterprise. This course will explore the use of innovative technologies in the automation of business processes to increase operational efficiency and improve the quality of data used to drive decision making. Topics discussed in this course include cloud-based computing, machine learning, artificial intelligence and robotic process automation. Students will apply concepts from this course in practical hands-on assignments using select cloud-based and robotic process automation software. Cross-listed with and equivalent to ACCTG 339.

Units: 3 , Offered: Spring 2021 , Fall 2020

TA 342
Tax Litigation

After analyzing litigation procedures and rules, students apply them to model cases through pleadings, discovery, pretrial motions, settlement conferences, stipulations, trial strategies, briefs and memoranda, oral arguments, evidentiary hearings. Corequisite: TA 319. Cross-listed with and equivalent to: LLM 342.

Units: 2

TA 344
Federal Income Taxation of Trusts and Estates

Analyzes taxation of trusts and estates and their creators, beneficiaries and fiduciaries, including computation of distributable net income and taxable net income, taxation of simple and complex trusts, operation of "throwback" rules, computation of income in respect of a decedent, preparation of the last return for a decedent and the returns of trusts and estates from inception through termination. Cross-listed with and equivalent to LLM 344. Prerequisite: TA 318 and TA 329.

Units: 3 , Offered: Spring 2021 , Fall 2020

TA 347
State Sales & Use Tax

Sales, use, excise, and gross receipts taxes are forms of indirect taxes that states and localities use to generate income. This course analyzes the constitutional and governmental limitations on a state's ability to impose a tax on the sale of goods and services. Topics covered include marketplace facilitators, state compliance burden and procedures, economic nexus rules, interstate purchases and sales, leasing, construction, and technology transfers Prerequisite: TA 318 and TA 329. Cross-listed with and equivalent to LLM 347.

Units: 3 , Offered: Fall 2020

TA 350A
Taxation of Foreign Persons with US Activities

Examines business and investment transactions by nonresident alien individuals and foreign corporations earning income in the United States (inbound transactions) including: residence for income taxation, sources of income, sources and allocation of deductions, US taxation of passive income by nonresident aliens and foreign corporations, the branch profit tax and gains of foreign taxpayers from the sale of US Real Property. Cross-listed with and equivalent to LLM 350A. Prerequisite: TA 321.

Units: 3 , Offered: Spring 2021

TA 350B
Taxation of US Persons with Foreign Activities

Covers US taxation of foreign operations by US individuals and corporations including an in-depth analysis of the foreign tax credit, controlled foreign corporations, passive foreign investment companies, foreign sales corporations and foreign currency transactions. Cross-listed with and equivalent to LLM 350B. Prerequisite: TA 321.

Units: 3 , Offered: Fall 2020

TA 350C
Income Tax Treaties

Focuses on the role, function and uses of income tax treaties. Examines the general aspects of treaties (policy, legal authority and negotiation), the interpretation of treaties, and a detailed examination of the terms of the US Model Income Tax Convention, the OECD Model Tax Convention, the United Nations Model Double Tax Convention between Developed and Developing Countries, as well as selected provisions of current United States treaties in force. Topics include: taxation of investment income (i.e. interest, dividends and capital gains), taxation of license fees and royalties, treaty shopping; limitation of benefits, permanent establishment; taxation of the income of natural persons (i.e. personal services), allocation of income between related parties, non-discrimination toward foreigners and recent treaty developments. Cross-listed with and equivalent to LLM 350C.

Units: 3

TA 350D
Transfer Pricing

Provides an in-depth coverage of intercompany pricing rules, including intercompany sales, loans, services, leasing, and transfers of intangibles. Discussion of intercompany sales cases, as well as the treatment of intercompany loans under the imputed interest and below market loan provisions. Examination of advance pricing agreements and relevant treaty provisions. Cross-listed with and equivalent to LLM 350D. Prerequisite: TA 321.

Units: 3

TA 350E
International Mergers, Acquisitions and Joint Ventures

Analyzes the US tax issues relating to both inbound and outbound mergers, acquisitions and joint ventures, including taxable acquisitions and dispositions, joint ventures, tax-free acquisitive exchanges and reorganizations, and distributions and divisive reorganizations. Cross-listed with and equivalent to LLM 350E. Prerequisite: TA350A and TA 350B.

Units: 3

TA 352
Taxation of Electronic Commerce

Provides a comprehensive examination of the tax issues confronted by companies engaged in electronic commerce, with special attention to remote sellers. Areas of taxation studied include state sales tax, state income tax, cross-border (international) transactions, tax accounting for web site development costs, acquisitions and dispositions of web-based businesses, valuation issues and tax compliance associated with e-commerce. The course emphasizes six unique aspects of e-commerce taxation, including: worldwide reach of web sites, anonymous transactions, digital products, remote operation of a web server, intangible assets in web sites, and fast-changing rules. Cross-listed with and equivalent to LLM 352A. Prerequisite: TA 318, TA 322A, TA 329, and TA 330.

Units: 3

TA 356
Choice of Entity

Examines and compares the tax characteristics of business and investment entities. Explores the tax treatment, problems and planning techniques of formation and operation of entities, including effective tax rate, eligibility, election, revocation, termination and accounting rules. This is a highly recommended elective course. Cross-listed with and equivalent to LLM 356. Prerequisite: TA 322A and TA 328.

Units: 3 , Offered: Spring 2021

TA 361
Tax Aspects Bankruptcy and Insolvency

Provides a basic overview of the basics of bankruptcy, insolvency and pre-bankruptcy planning for individuals, corporations and partnerships. This overview includes the differences between bankruptcy Chapters 7, 11, and 13, the workings of the automatic stay, offsets, priorities, and the creation of the separate bankruptcy estate and liquidating trusts. The course will examine the tax and bankruptcy treatment of debtors, claims of creditors, tax-free bankruptcy reorganizations, survival of tax attributes and pre-and post-petition debt discharges and the role of the tax professional. The course includes Case Study reviews of current significant corporate bankruptcies, including associated Disclosure Statements, Plans of Reorganization and petitions in order to appreciate the form that tax-sensitive documents are presented and to analyze the various tax consequences of bankruptcy discharges to debtors, creditors and interest holders such as shareholders. Cross-listed with and equivalent to LLM 361. Prerequisite: TA 318 and TA 329. Recommended: TA 319

Units: 3

TA 362
Accounting for Income Taxes

Examines the financial accounting and reporting of income taxes under Statement of Financial Accounting Standards Codification Topic 740 (FASB ASC 740) formerly known as FAS 109 and related accounting literature. Topics include the calculation of current and deferred income taxes, an overview of book-tax differences, the calculation of interim period tax provisions and the presentation and disclosure of income taxes in financial statements. Students will learn the basics of accounting for income taxes related to advanced topics such as stock compensation expense, foreign operations, state income taxes and accounting for uncertain tax positions (formerly known as FIN 48). The difference between US and international accounting standards will be identified and discussed. Prerequisite: ACCTG 100A or equivalent or CPA license or consent of the department.

Units: 3 , Offered: Fall 2020

TA 363
Taxation of Financial Instruments

Examines the tax aspects of financial instruments, products, and transactions. Covers basic principles, including financial terminology, types of market participants, as well as the tax concepts of timing, character, and source. Addresses wash sales, constructive sales, short sale rules, straddles, market discount, original issue discount, Section 1256 and notional principal contract regulations. The course will be divided into three broad categories: Equity, Debt and Derivatives. Students will study the detailed rules regarding the tax treatment of financial instruments including stocks, bonds, options, forward contracts, futures contracts, convertible and contingent payment instruments, swaps and hybrid instruments. Cross-listed with and equivalent to LLM 363. Prerequisite: TA 318, TA 329, and TA 330.

Units: 3 , Offered: Spring 2021

TA 365
Employee Benefits and Compensation

Offers an in-depth study of employee benefit and compensation plans and their regulation under the Internal Revenue Code of 1986, as amended (the Code), and the Employee Retirement Income Security Act of 1974 (ERISA). The course will be taught from a workbook, handbook and relevant cases. Students will work extensively with the Code and ERISA. Cross-listed with and equivalent to LLM 365.

Units: 3

TA 370A
Tax and Estate Planning Review Writer

The Tax & Estate Planning Review is an online journal created and maintained jointly by law and tax students at Golden Gate University. The journal consists of news, events, blog posts, and articles. This course is required for members during their first year on the Journal (2 units/Fall, 1 unit/Spring). Over the course of the two semesters, each student will write a minimum of six case summaries and two blog posts. During the Fall semester, 12 hours of mandatory seminar sessions will be scheduled. Enrollment is limited to persons invited to join the Journal. Membership on the Journal is determined in two ways: by student's first-year grades or through a writing competition that is held during the summer after the first-year. This course is graded on a Credit/No Credit basis. Cross-listed with LLM 370A.

Units: 1 - 2 , Offered: Fall 2020

TA 396
Selected Topics in Taxation

Addresses significant, topical and practical problems, issues and theories in taxation. Topics are compiled and selected by the dean. This course may be taken more than once, provided the same topic is not repeated. Prerequisites will vary based on topic.

Units: 3

TA 396B
Internet Law & Digital Asset Inheritance

This course will provide an overview of Internet Law as it applies to the estate planning and administration profession. The course will also cover a sampling of digital assets and applicable intellectual property concepts and valuation theories along with possibilities and emerging practices for post death transfer of digital assets. Cross-listed with LLM 334K.

Units: 2

TA 398
Internship: Taxation

Affords students the opportunity to gain direct tax practice experience for course credit. The educational value of the internship lies in the student's ability to apply the substantive body of tax knowledge and skills in a real-world setting under the supervision of an tax practitioner. To be eligible for internship course credit, students must be in good academic standing, and have satisfied prerequisites and additional requirements determined by the Bruce F. Braden School of Taxation. For more information on student eligibility for TA 398, Internship: Taxation, go to http://www.ggu.edu/programs/taxation/internship/

Units: 1 - 6 , Offered: Spring 2021 , Fall 2020

TA 399
Directed Study

Provides an opportunity for the advanced student with a specific project in mind to do reading in a focused area and to prepare a substantial paper under the direction of a faculty member. Only one directed study course may be taken for credit toward a masters degree. Prerequisite: Completion of six graduate Taxation courses and consent of the dean.

Units: 1 - 3 , Offered: Spring 2021