The demand for tax professionals has been increasing steadily these past several years. Universities such as Northeastern University and their masters degrees in taxation are producing graduates capable of handling today’s tax-related tasks; even with thousands of graduates entering the market every year, companies and individual taxpayers are still looking for more tax consultants and specialists than universities can supply.
One of the many reasons why tax professionals are important is due to the issues with tax codes we have today. Certain tax regulations are rather difficult to comprehend and they have direct impacts on our lives. The estate tax repeal, for instance, is creating uncertainty at the moment. If the repeal is denied, you will still have to file for estate tax return if the transferred estate is worth more than $5.49 million.
Other issues are just as complicated. Find out more about them from the Six Issues in Taxation infographic by Northeastern University.
Northeastern University designed this infographic.