CPE PACKAGES (Incl. Ethics) for Multiple States and Qualifications @ $4/credit. CLICK HERE to view.

Multistate Sales Tax Collection – Nexus considerations and Exemption certificate compliance

  • AFSP
  • CMA
  • CPA (US)
  • CVA
  • EA
  • Tax Preparer
  • CTEC
Multistate Sales Tax Collection – Nexus considerations and Exemption certificate compliance

1 Credit

FREE

Subject Area

Taxes

Webinar Qualifies For

1 CPE credit of Taxes for all CPAs

1 CE credit of Federal Tax for Enrolled Agents ( IRS Approved : GEHNZ ) (Approval No. GEHNZ-T-00158-20-O)

1 CE credit of Federal Tax Subjects for California Tax Professionals (CTEC Approved - 6273) (Approval No. 6273-CE-0170)

1 CE credit of Federal Tax for Maryland Tax Preparers (Approval No. GEHNZ-T-00158-20-O)

1 CE credit of Federal Tax for Oregon Tax Preparers (Approval No. GEHNZ-T-00158-20-O)

1 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Course Description

Following the seminal U.S. Supreme Court decision in South Dakota v. Wayfair, states are able to force remote vendors to collect sales tax. This course will examine the ramifications economic nexus has had on many large and small retailers that sell products via e-commerce. The new nexus landscape has caused businesses and their professional advisors to review and update their sales tax collection practices, including obtaining exemption certificates from many customers in states where never previously required. Additionally, it has created significant obstacles of the growing number of service providers that deliver their service through the Internet, as states differ substantially on if and how such services are taxed.

This webinar will help public accountants and those in the industry identify when nexus is created, the steps in determining the taxability of products and services, and the steps in complying with any new collection requirements.

Learning Objectives

  • Determining when and where sales tax nexus exists
  • Registering and complying with states collection laws
  • Updating and implementing an exemption certificate collection process for nontaxable sales
  • When services are subject to sales tax ? especially for providers of Software-as-a-Service and web-based applications.
  • How voluntary disclosure agreements and amnesty programs can absolve past tax delinquencies and facilitate future compliance

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Practice Owners
  • Business Owner
  • CEO
  • CFO/Controller
  • Chief Accounting Officer
  • Compliance Managers
  • Compliance Officers
  • CPA (Industry)
  • CPA - Large Firm
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Enrolled Agent
  • Outsourced CFO
  • QB Pro Advisor
  • Risk Managers
  • Staff of Accounting Firm
  • Tax Accountant (Industry)
  • Tax Attorney
  • Tax Managers
  • Tax Practitioners
  • Tax Preparer

Testimonial

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(
    [average] => 4.5190
    [no_of_record] => 316
)
 

4.5

(316)
60%
34%
5%
0%
1%

SB

This was a very good course. I like how the presenter delved deep into the logic of the laws, as well as saying what the laws actually were.

SO

Great presentation. It is informative and interesting. It is not a familiar topic. I enjoy learning something new. It is easy to understand. Thank you.

ES

Exceptionally great and useful presentation. I would like to see more presentations on sales tax, especially on SAAS and computer software.

BK

Enjoyed the understandable and informative webinar!

MP

Highly recommend!

LD

The instructor was very easy to understand, spoke clearly and concisely, and provided excellent examples to help apply the knowledge. Also, he reminded me of comedian Jim Gaffigan in appearance.