Skip to main content
Intellect

BYU student team wins PriceWaterhouse national tax competition

Headaches are mounting as people struggle to make sense of their taxes with April 15 fast on their heels. But taxes are no headache for five Brigham Young University accounting students whose tax knowledge recently earned them a substantial return at the PricewaterhouseCoopers' xTAX competition.

The team of students from BYU's Marriott School of Management won $10,000 as one of five national winners of the PricewaterhouseCoopers' xTAX competition. The program is designed to foster interest among students in the world of tax and provide them with exposure to a 'real-world' tax case.

"xTAX was designed to challenge the students and is clearly accomplishing that goal," says Rick Berry, U.S. tax leader at PricewaterhouseCoopers. "Students already get a lot of technical details in their classes and xTAX gives them the opportunity to think about important issues and convince others that their position was best."

BYU team members include Brian Hunt of Paradise, Calif.; Camille Redd of Kaysville, Utah; Jed Eastman of Bountiful, Utah; Lane Morgan of Las Vegas; and Melissa Lloyd of Allen, Texas.

xTAX is a national campus initiative built around student teams addressing a tax policy issue designed by PricewaterhouseCoopers' Washington National Tax Service.

"The experience was a valuable supplement to my accounting education," says Eastman, a BYU team member. "I have never before been involved in a project or competition that has given me so many wonderful networking opportunities as well as a look into the real world of public accounting."

Students competitors developed a detailed tax policy case study involving the fictional nation of Panadrevia's challenge to stimulate economic growth by encouraging private sector research and development. The case required students to focus on thinking critically and working as a team to develop the most effective solution.

The 2004 xTAX national winning teams included students from BYU, New York University, Texas A&M University, the University of Texas and the University of Wisconsin-Madison.

The top team from each campus received $1,000 and each of the five national winning teams received $10,000 and a trip to Washington, D.C., to spend a day at PricewaterhouseCoopers' Washington National Tax Service.

Writer: Lauren Funk

Related Articles

data-content-type="article"

Life and Breath: Interdisciplinary BYU team travels to Nepal to study health effects of air pollution

February 21, 2024
An interdisciplinary BYU team recently came together to conduct a research study in Nepal, aiming to measure brick workers’ exposure to pollutants and to assess their respiratory health. The eventual goal is to determine what information, technology and strategies they can develop with the Nepali people to help them improve their well-being.
overrideBackgroundColorOrImage= overrideTextColor= overrideTextAlignment= overrideCardHideSection=false overrideCardHideByline=false overrideCardHideDescription=false overridebuttonBgColor= overrideButtonText= overrideTextAlignment=
data-content-type="article"

The NSF wants to pay tuition, rent and much more for BYU Cybersecurity students

February 14, 2024
The NSF recently awarded the cybersecurity program within the BYU Electrical & Computer Engineering department with a five-year, $3.7 million grant called the CyberCorps Scholarship for Service. BYU is one of only six schools nationwide to receive the award this year, which recognizes students with technical talent, moral integrity, leadership, and second language skills.
overrideBackgroundColorOrImage= overrideTextColor= overrideTextAlignment= overrideCardHideSection=false overrideCardHideByline=false overrideCardHideDescription=false overridebuttonBgColor= overrideButtonText= overrideTextAlignment=
data-content-type="article"

Wheatley Institute report: Flourishing romances are more the result of proactive behaviors than soulmate spark

February 13, 2024
Sixty percent of Americans believe in the idea that true love is found in a one-and-only soulmate relationship, confirming that the quest to find one’s soulmate continues to play a significant role in our modern dating culture. However, a new report finds that enduring connection in romantic relationships results more from the personal virtues and intentional efforts of the partners, than it does from spontaneous love and emotional spark.
overrideBackgroundColorOrImage= overrideTextColor= overrideTextAlignment= overrideCardHideSection=false overrideCardHideByline=false overrideCardHideDescription=false overridebuttonBgColor= overrideButtonText= overrideTextAlignment=
overrideBackgroundColorOrImage= overrideTextColor= overrideTextAlignment= overrideCardHideSection=false overrideCardHideByline=false overrideCardHideDescription=false overridebuttonBgColor= overrideButtonText=