SALES TAX AND DETERMINING NEXUS

Mark Stone

Sales Tax Defense LLC

Thursday, March 11, 2021 | 11:00 AM EST

  • AFSP
  • CPA
  • EA
  • ORTP
  • CTEC

1 CPE | 1 CE

FREE

Subject Area

Taxes

Webinar Qualifies For

1 CPE credit of Taxes for all CPAs

1 CE credit of Annual Filing Season program (AFSP)( IRS Approved : GEHNZ )

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

1 CE credit of Federal Tax for Maryland Tax Preparers

1 CE credit of Federal Tax for Oregon Tax Preparers

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

1 General Educational credit for Tax Professionals / Bookkeepers / Accountants

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Course Description

Nexus is the minimum connection or physical presence in a taxing jurisdiction that gives rise to tax payment or tax collection duty. Businesses are not required to collect sales or use taxes on behalf of a state unless they have nexus in that state. Doing business in a state can create a connection (nexus) to that state. A business can unknowingly create nexus by having physical property (such as inventory or samples) in a state, an employee (such as a traveling salesperson) in the state, or having agents in the state operating on the company’s behalf (such as repairmen of sales agents.) Any of these activities can create nexus while the business’s main operations take place in another state. 

Key topics: 

  • What is nexus? 
  • What is the physical presence test? 
  • What is economic nexus? 
  • How does the 2018 Supreme Court decision for Wayfair affect economic nexus? 
  • What is affiliate nexus? 
  • What is a marketplace facilitator? 
  • How does point of delivery affect nexus? 
  • How do drop shipments affect nexus? 
  • What are the next steps after you have determined if you have nexus?
  • What is the taxability of my product? 

Learning Objectives

  • To discuss the Sales Tax Return filing jurisdictions
  • To discuss nexus and the related filing requirements
  • To analyze how specific business activities can create a connection to the state

Who Should Attend?

  • Tax Attorney
  • Tax Practitioners
  • Accountant
  • CPA - Small Firm
  • CPA - Mid Size Firm
  • Accounting Firm
  • Tax Pros
  • CPA (Industry)
  • Tax Firm
  • Young CPA
  • Tax Director (Industry)
  • Senior Accountant
  • Tax Managers
  • Accounting Managers
  • Tax Preparer
  • Staff of Accounting Firm
  • Tax Professionals
  • Bookkeepers & Accountants & Tax Preparers