Taxation

The School of Law offers qualified Boston University JD candidates the opportunity to earn an LLM in Taxation in six semesters of study. The Six-Semester Program is appropriate only for students who have decided during their second year of law school that they will be pursuing a career in tax law. In order to be eligible for the LLM degree, a Six-Semester Program student must earn a total of 24 credits in Qualified Tax Courses, with an overall GPA of 3.0 or above for those 24 credits.

Admission Requirements

In order to qualify for admission to the Six-Semester JD/LLM in Taxation Program, a BU Law JD student must:

  1. Have and maintain a cumulative GPA of 3.0 or better through the 2L year; and
  2. During his or her 2L year, complete with a grade of B or better, the basic four-credit JD class, Introduction to Federal Income Taxation.

Qualified Tax Courses

As a general rule, only residential tax courses which are taught by members of the Boston University School of Law JD faculty or members of the Graduate Tax Program faculty qualify for credit toward the LLM in Taxation degree. Questions about whether a particular course qualifies may be addressed to the Program Director.

LLM Degree Requirements

To receive the LLM in Taxation degree, Six-Semester candidates must complete, during their 2L and 3L years, at least 24 credits of Qualified Tax Courses, with an overall GPA of 3.0 or above for those 24 credits. Students are required to take:

2 credits

Income tax considerations relating to transfers of assets and liabilities to a corporation (during incorporation and otherwise), non-liquidating distributions, stock redemptions, related party stock purchases and corporate liquidations. Includes an overview of the treatment of a corporate shareholder versus other shareholders. Prerequisite or corequisite: Federal Income Taxation I and II

FALL 2017: LAW TX 933 A1 , Sep 6th to Dec 6th 2017
Days Start End Credits Instructors Bldg Room
Wed 4:20 pm 6:20 pm 2 Wayne E. SmithWayne E. Smith LAW 101
FALL 2017: LAW TX 933 OL , Sep 5th to Dec 11th 2017
Days Start End Credits Instructors Bldg Room
ARR TBD TBD 2 Smith
SPRG 2018: LAW TX 933 A1 , Jan 16th to Apr 24th 2018
Days Start End Credits Instructors Bldg Room
Tue 4:20 pm 6:20 pm 2 Douglas S. Stransky
SPRG 2018: LAW TX 933 OL , Jan 16th to Apr 25th 2018
Days Start End Credits Instructors Bldg Room
ARR TBD TBD 2 Stransky

4 credits

The income tax is a pervasive feature of life in the United States and lawyers encounter tax issues in virtually every field of practice. This course introduces students to the fundamental principles of the federal income tax, and its impact on a wide range of matters, including employment, tort claims, divorce, retirement, and especially business activities and investments of all types. Topics include: the concept of income, determination of gross income, allowance of deductions and the determination of taxable income, identification of the taxpayer, taxable periods and timing, the determination of gain or loss (including realization and recognition) from dealings in property, the concept of income tax basis, and the process of change in the tax law. GRADING NOTICE: This course does not offer the CR/NC/H option.

FALL 2017: LAW JD 889 A1 , Sep 6th to Dec 6th 2017
Days Start End Credits Instructors Bldg Room
Mon,Wed 10:40 am 12:40 pm 4 Alan L. Feld LAW 103
FALL 2017: LAW JD 889 W1 , Sep 5th to Dec 7th 2017
Days Start End Credits Instructors Bldg Room
Tue,Thu 9:00 am 10:30 am 4 David I. Walker LAW 103
Fri 9:00 am 10:20 am 4 David I. Walker LAW 103
SPRG 2018: LAW JD 889 S1 , Jan 16th to Apr 24th 2018
Days Start End Credits Instructors Bldg Room
Tue,Thu 9:00 am 10:30 am 4 Theodore S. Sims
Fri 9:00 am 10:20 am 4 Theodore S. Sims

2 credits

Presents an overview of subchapter K and the federal income tax treatment of partnerships and other entities, such as limited liability companies;. Topics include tax classification of a partnership versus a corporation or trust; considerations in choice of entity;basic partnership accounting and capital accounts, partnership formation and acquisition of partnership interests for property or services; determination of basis;basic rules allocations of income and loss ; taxation of normal partnership operations; distributions of cash and property; transactions between partners and partnership, including sales of partnership interests. Prerequisite or corequisite: Federal Income Taxation I and II, Introduction to Corporate Tax

FALL 2017: LAW TX 930 A1 , Sep 5th to Dec 5th 2017
Days Start End Credits Instructors Bldg Room
Tue 4:20 pm 6:20 pm 2 David H. HalpertTravis L.L. Blais LAW 212
FALL 2017: LAW TX 930 OL , Sep 5th to Dec 11th 2017
Days Start End Credits Instructors Bldg Room
ARR TBD TBD 2 HalpertBlais
SPRG 2018: LAW TX 930 A1 , Jan 18th to Apr 19th 2018
Days Start End Credits Instructors Bldg Room
Mon 4:20 pm 6:20 pm 2 Robert M. Finkel
SPRG 2018: LAW TX 930 OL , Jan 16th to Apr 25th 2018
Days Start End Credits Instructors Bldg Room
ARR TBD TBD 2 Robert M. Finkel

2 credits

Structure of the U.S. tax system; administration of the Internal Revenue Code by the Internal Revenue Service; ethics of tax practice and the regulation of tax practitioners; study of the administrative processing of tax returns; handling of audits, statutes of limitations, assessment of deficiencies and penalties, claims for refund, hearings before the Appeals Office, closing agreement, tax liens, tax collection procedures and civil and criminal aspects of tax fraud. Introduction to aspects of litigation in the Federal District Court, U.S. Court of Federal Claims, and U.S. Tax Court.

FALL 2017: LAW TX 907 A1 , Sep 7th to Dec 7th 2017
Days Start End Credits Instructors Bldg Room
Thu 6:30 pm 8:30 pm 2 Sean McMahon LAW 101
FALL 2017: LAW TX 907 OL , Sep 5th to Dec 11th 2017
Days Start End Credits Instructors Bldg Room
ARR TBD TBD 2 McMahon
SPRG 2018: LAW TX 907 A1 , Jan 22nd to Apr 23rd 2018
Days Start End Credits Instructors Bldg Room
Wed 4:20 pm 6:20 pm 2 Mark J. DeFrancisco
SPRG 2018: LAW TX 907 OL , Jan 16th to Apr 25th 2018
Days Start End Credits Instructors Bldg Room
ARR TBD TBD 2 Mark J. DeFrancisco

Degree Completion

Students who complete all requirements of the LLM program will be awarded the LLM in Taxation degree in addition to the JD degree upon graduation. Those who do not meet the LLM degree requirements, but otherwise meet the JD degree requirements, will receive the JD but not also the LLM. A student who does not meet the JD degree requirements will not be awarded the LLM degree, even if he or she has met the requirements for the LLM degree.

Academic Regulations

Both the Academic Regulations for the JD Program and the Academic Regulations of the Graduate Tax Program apply to students in the Six-Semester Program. If it should appear, in connection with addressing an issue, that there is an inconsistency in the Regulations, the Program Director and the Associate Dean for Academic Affairs shall jointly determine the most appropriate disposition of the issue.

Application Process

Students may apply to the Six-Semester program any time after their first year of law school. Although it is not required that an application for admission to the Six-Semester Program be filed before the end of a student’s second year in law school, it is incumbent on any student who is interested in the program to consult no later than the end of his or her third semester in law school with appropriate administrators in the JD program and the Graduate Tax Program to assure that the student is electing to take, in his or her second year, courses which will make it possible to complete all of the requirements for award of both the JD and LLM in Taxation degrees by the end of his or her third year. Decisions made prior to the receipt of spring semester 2L grades are made contingent on satisfying the above stated GPA/grade requirements. Candidates must submit the following documentation as part of the application process:

  1. Application form
  2. Resume
  3. Personal Statement
  4. One letter of recommendation, preferably from a JD faculty member

The LLM program will obtain copies of past transcripts from the records in the Law Registrar’s office. Admission decisions made prior to the receipt of spring semester JD grades would be made contingent upon meeting the admissions requirements noted above. For detailed information on how to submit your application, please contact the Graduate Admissions Specialist at bullm@bu.edu.

More Information

Candidates interested in learning more about this opportunity should contact the Graduate Tax Program (gradtax@bu.edu) and/or visit the program’s offices in Suite 1005.