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Ripple Effect of South Dakota v. Wayfair on Sales Tax Rules

  • AFSP
  • CRTP
  • CPA (US)
  • EA
  • ORTP
  • Maryland Tax Preparer
  • LTC
  • IA LPA
  • ME LPA
  • DE LPA
Ripple Effect of South Dakota v. Wayfair on Sales Tax Rules

Free (Only Today)

1 Credit

Subject Area

Taxes
  • Course Description
  • Course Qualification
  • Author
  • FAQ

Course Description

Course Description

The U.S. Supreme Court's 2018 South Dakota v. Wayfair decision has transformed the landscape of sales tax compliance. Businesses no longer need a physical presence to be obligated to collect sales tax across multiple states.

This CE course unravels these complexities, offering essential guidance for anyone navigating the post-Wayfair tax world. In this course, you'll dive deep into the practical challenges that come with economic nexus laws. We'll break down the complexities of state-specific regulations and the nuances of taxable goods and explore the tools and technologies that help streamline compliance. With hands-on exercises and real-world examples, you'll be equipped to tackle compliance headaches and safeguard your business against costly mistakes.


Major Topics Covered:

  • Economic Nexus Laws Overview
  • Sales Tax Automation Tools
  • Marketplace Facilitator Requirements
  • Taxable Goods and Services
  • State-Specific Compliance Rules

By the end of the course, you'll gain valuable insights into the current sales tax environment and actionable strategies for handling multistate filings.

For more IRS CE Courses, Click here.

Learning Objectives

  • Analyse the effects of the Wayfair decision on sales tax.
  • Discuss state-level economic nexus laws and their compliance implications.
  • Identify compliance challenges businesses face in multi-state sales tax collection.
  • Examine technology solutions for streamlining sales tax compliance processes.
  • Review the future trends in sales tax and evolving regulations.

Course Qualification

Webinar Qualifies For

  • 1 CPE Credit of Taxes for Certified Public Accountants (CPA-US)
  • 1 CE Credit of Federal tax-related matters for Enrolled Agents (EA) (Approval No. GEHNZ-T-02252-25-S)
  • 1 CE Credit of Federal tax-related matters for Annual Filing Season Program (AFSP) (Approval No. GEHNZ-T-02252-25-S)
  • 1 CE Credit of Federal tax-related matters for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-1820)
  • 1 CPE Credit of Taxes for Delaware Licensed Public Accountant (DE-LPA)
  • 1 CE Credit of Federal tax-related matters for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-T-02252-25-S)
  • 1 CE Credit of Federal tax-related matters for LTC (Approval No. GEHNZ-T-02252-25-S)
  • 1 CPE Credit of Taxes for Iowa Licensed Public Accountant (IA-LPA)
  • 1 CPE Credit of Taxes for Maine Licensed Public Accountant (ME-LPA)
  • 1 CE Credit of Federal tax-related matters for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-T-02252-25-S)

Additional details

  • Course Level :
    Basic
  • Credits :
    1
  • Pre-requisites :
    None
  • Advance Preparation :
    None

IRS APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: GEHNZ) has entered into an agreement with the Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the IRS as to the quality of the program or its contribution to the professional competence of the enrolled individual. Credit earned by attendees with a PTIN will be reported directly to the IRS as required of all providers. To ensure your CPE hours are reported, update your profile in My Account to include your PTIN number. Please note: IRS CE is only mandatory for EAs and ERPAs. For all other tax return preparers, CE is voluntary.

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.

CTEC APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor ID# : 6273) has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.

Author

About Author

Imtiaz Munshi is a Certified Public Accountant with over 33 years of experience working with small- and medium-sized businesses and accounting firms. Munshi founded Azstec and his CPA firm was instrumental in designing and testing of Azstec’s docNCRYPT encryption and also providing IT Security advisory to many small and mid -size accounting Firms. Munshi is highly experienced in M&A, sales and acquisitions of businesses, strategic planning and transaction structuring. He has acted as CFO for client companies as well as managing companies he created. Munshi has a BA in Finance and Accounting from University of East London.

About Company

AZSTEC LLC

www.azstec.com

Azstec LLC is a US company that was founded on the principle of helping businesses and individuals move, store and protect their confidential and sensitive information no matter where it is or whose hands it’s in. Our products were designed by users, like you, who needed to solve the problem of protecting their confidential information and were frustrated with the confusing and complex solutions on the market.

Faq

FAQs content

  • To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
  • Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
  • You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
  • Polling feature Not supported: If you are logging in through browser or web portal in the browser (zoom.us) it doesn’t support the polling feature. Please be advised the current polling feature can only be supported via Zoom desktop and mobile app. You can check the same here : https://support.zoom.us/hc/en-us/articles/203749865-Polling-for-webinars
  • This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
  • If you still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link : https://zoom.us/download
  • Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
  • As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
  • myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.
  • For Refund and Complaint Resolution Policy, CLICK HERE.

Ratings and Review

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Free (Only Today)

1 Credit

Subject Area

Taxes
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