Business skills and knowledge can apply to countless opportunities, and obtaining a master’s degree can lead to several career paths within or beyond the business world.
If you’re considering a graduate degree in business, you should know what you want to do with the degree and you should ask yourself why.
Guest Blogger: Dr. Allison Evans, associate professor of accounting, Cameron School of Business
U.S. exporters can potentially generate large tax savings - roughly 20 percent of their original tax bill - by forming an IC-DISC (Interest-Charge Domestic International Sales Corporation). The most common type of IC-DISC acts, at least on paper, as the exporter’s sales agent. Yet, while the IC-DISC does have recordkeeping and capital requirements, it does not need to have a physical location, employ a single person or interact with any customers. In essence, it can be invisible to those who do business with the exporter, but yield a substantial reduction in the exporter’s tax bill.
March 2017 Editor's Note: This post was originally published in February 2017 and has been updated for accuracy and comprehensiveness.
Guest Blogger: Robert T. Burrus, Jr., Ph.D., Dean, Cameron School of Business
Benjamin Franklin once said, “In this world nothing can be said to be certain, except death and taxes.”
Even in our ever-changing political and financial climate, we expect to see continuing growth in the demand for accounting graduates, particularly those who are able to earn licensure as a Certified Public Accountant (CPA). The United States Bureau of Labor reports that accountants are enjoying the fastest job growth over all other occupations, and that growth is expected to continue through 2024.