Welcome from the Legal Studies and Taxation Department Chair and Program Chairs

Legal Studies and Taxation Department Chairperson Vincent R. Barrella

Vincent R. Barrella, Department Chair - LLM, New York University, JD, Fordham University
Jessica A. Magaldi, Associate Chair and Ivan Fox Professor and Scholar of Business Law - JD, New York University School of Law
Sarah Elsamahi, Program Coordinator

Welcome To a Department Dedicated To Your Professional Success

The faculty of the Department of Legal Studies and Taxation truly enjoy the privilege of working with our students and seeing them learn and grow. Unlike many other institutions where a law or tax course is merely added on to another department, Pace has the distinction of having a full department devoted to the teaching of legal studies and tax courses. The faculty prepares undergraduate and graduate students thoroughly for professional success by training them to consider the legal and taxation consequences of their business decisions.

Mock Trial Team members, with the expert and dedicated help of Professor James Castagna (at right in photo), prepare and contest litigated cases arising out of business conflicts. The simulation experience helps students develop critical thinking and communication skills. Students engage in an interdisciplinary examination of the judicial process; they integrate the fields of law, logical reasoning, forensic science, corporate responsibility and ethics.
  • 1. The Legal Consequences of Business Decisions are explored in depth.
    • Business Law I, our foundation undergraduate business core course, and its graduate counterpart, The Legal Environment of Business, expose students to the basic principles of our legal system as well as to the fundamental principles of the law of contracts, torts, crimes, and property.
    • Business Law II and its graduate counterpart, The Legal Environment of Business, describe the Uniform Commercial Code's effect upon sales of goods, commercial paper, bulk business sales and secured transactions in goods.
    • Advanced Business Law and its graduate counterpart, Business Law for CPA majors, examine the creation and termination of businesses, government business regulation and the legal liability of professionals, including accountants, for their actions. Pace has a rich tradition of preparing students for careers as certified public accountants, and the Legal Studies Department is proud of its participation in that preparation. Inasmuch as a significant portion of the CPA examination pertains to business law, the business law courses offered by the department provide coverage of topics tested on that examination. To further support CPA candidates, members of the Department also teach in the newly created CPA review course now offered at Pace.
    • Other undergraduate and graduate courses offered assist marketing, management and finance undergraduate and graduate students:
      • Marketing Law explores the regulation of sales solicitation and advertisement.
      • International Law examines the formation and regulation of contracts and businesses in the international forum.
      • Hospitality Law defines the legal rights and duties of business persons engaged in hospitality management.
      • Employment Law describes the duties and rights of employers and employees concerning union bargaining, fair labor standards and freedom from race, gender, age and disability discrimination.
      • Cyber Law enumerates the regulations governing internet contract formation and Web-based intellectual property rights.
    • Concentrated Studies in the Legal Consequences of Business and Non-Business Decisions include
      • The Mock Trial Team and Course train students to think and act critically in a public intercollegiate forum, where evidence, testimony and arguments are weighed.
      • The Constitutional and Legal Reasoning Course intensively explores the reading and problem-solving skills required for the LSAT and Law School study.
      • The Interdisciplinary Pre-Law Minor is a course of study offered in conjunction with the Dyson College of Arts and Sciences. In addition to taking at least one law course, students are offered four choices of courses thought to be helpful for the study of law and success in the legal profession, including Advanced Writing, Logic, Constitutional History, and Argumentation and Debate.
      • The Law Studies Minor requires a five-course choice from a broad selection of law courses those which most clearly meet their interests and needs. Students who wish to minor in law but do not necessarily plan to become attorneys may choose a law minor.
      • The Paralegal Studies Program is planned to be offered by Fall Semester 2012. It will incorporate the business law courses already offered and introduce additional courses into a certificate-awarding and American Bar Association approved program which will initially concentrate upon training professional paralegal assistants in business compliance principles and procedures.
  • 2. The Taxation Consequences of Business Decisions are explored in depth.
    Tax consequences are present in business decisions and in many non-business affairs. Every astute business person needs to weigh both the legal and taxation results of a planned course of action.

    The Undergraduate Tax Program rigorously trains students to make comprehensive tax decisions.
    • Federal Income Tax I describes in depth the income tax of individuals.
    • Federal Income Tax II explores the regulations concerning income tax of business entities, including partnerships, limited liability businesses and corporations. Both courses involve not only theory, but also the actual preparation of tax returns.
    • The Undergraduate Tax Minor is offered to any undergraduate student, but is very helpful to undergraduate 150 credit accounting majors. This minor will include courses on State and Local Taxation, Estate and Gift Taxation and courses examining more advanced problems in Intermediate Individual Taxation and Intermediate Entity Taxation.

    The Graduate Tax Program prepares graduate students to act professionally in advising businesses to make correct tax decisions.
    • Fundamental Concepts of Taxation introduces the graduate students to basic tax principles which apply individuals and entities.
    • Sales and Exchanges of Property describes the tax consequences of real and personal property sales.
    • Taxation of Entities for Accountants assists graduate accounting students in properly allocating assets for taxation purposes.
    • Tax Practice, Procedure and Research helps the student tax practitioner to be aware of procedures and resources for tax work.
    • Advanced Concepts of Taxation continues the work of applying the tax principles which must be observed by individuals and entities.
    • International Taxation explores the basic principles which apply to individuals and entities which invest and operate overseas.
    • Estate Planning describes methods to be used so as to provide for the continuation of an estate or business entity.
    • Tax Problems of Partnership Organizations and Advanced Corporate Income Taxation provide methods for avoiding tax burdens.
    • The Tax Research Project enables students to prepare and produce a master's thesis in taxation.
    • The MS in Taxation consists of 30 graduate tax credits which provide a core of knowledge in a tax field from which to build a tax career, whether locally, nationally or internationally. This program also counts toward the minimal 150 credit hours required for CPA licensing, if desired.
    • The specialized BBA Accounting / MS Taxation Program takes full time students five years to complete and provides students with the course work required by State law to qualify to become CPAs and an in depth understanding of US tax law.