Business Activity Taxes – Where Are Businesses And Their Owners Required To File And Pay State Income Taxes?

4.6 (24)

Richard Fry

Buckingham

  • AFSP
  • CPA
  • EA
  • Tax Professional
  • ORTP
  • CTEC

1 Credit

$10

Subject Area

Taxes

Webinar Qualifies For

1 CPE credit of Taxes for all CPAs

1 CE credit of Federal Tax Law for 2021 Annual Filing Season Certificate program( IRS Approved : GEHNZ )

1 CE credit of Federal Tax for Enrolled Agents ( IRS Approved : GEHNZ )

1 CE credit of Federal Tax Subjects for California Tax Professionals (CTEC Approved - 6273)

1 CE credit of Federal Tax for Oregon Tax Preparers

1 CE credit of Federal Tax for Maryland Tax Preparers

1 General Educational credit for Tax Professionals / Bookkeepers / Accountants

You need to register for the webinar to watch the video.

Click Here to Register

Before starting this self study program, please go through the instructional document.

The topic is also scheduled as live webinar on the following dates

Apr 28, 2021 | 02:30 PM EDT Register

Overview

  • State Tax Nexus Overview
    5 mins
  • Public Law 86-272 Protections
    21 mins
  • Common state income tax structure
    35 mins
  • Non-Income Based Taxes
    42 mins
  • Market-Based Sourcing
    45 mins

Course Description

Do you know whether your corporation’s activities cross state boundaries and establish a taxable presence (nexus)? Do you have the protocol in place to review and determine your multistate tax obligations? Do you have the systems in place to manage these obligations and minimize risk? Don’t wait until your company is audited to deal with the ever-changing morass of state tax laws and administrative policies governing nexus

As nexus barriers continue to get knocked down, businesses are being subjected to taxes in more and more states. The exposure faced by those who are unable to comply can be severe. Pass-through entities and their owners in particular face difficult state tax complexities. This course will examine where businesses are subject to business activity tax and how to minimize compliance burdens. Federal P.L. 86-272 provides protection for certain businesses selling tangible personal property, but is not available for service providers. Finally, attendees will learn which states conform with federal income tax provision and where decoupling exists. 

With so much uncertainty in the area of business entity taxation when advising business clients, this business entity tax update webinar is a must-attend event! This free Business Entity Tax webinar will focus on providing practical advice for tax practitioners serving small & mid-size business clients.

Learning Objectives

  • To identify various Nexus considerations for state business activity taxes
  • To identify Federal protection from net-income based taxes under P.L. 86-272
  • To identify various Conformity with Federal Income Tax provisions
  • To recall the Taxation of pass-through entities and their owners

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Chief Accounting Officer
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Enrolled Agent
  • Entrepreneurial CPA
  • Tax Accountant (Industry)
  • Tax Director (Industry)
  • Tax Firm
  • Tax Managers
  • Tax Practitioners
  • Tax Preparer
  • Tax Pros
  • VP Accounts
  • Young CPA

Testimonial

4.6

(24)
63%
38%
0%
0%
0%

LK

Great!

SS

Informative but because states vary substantially, not sure how much pertains to my state.