4th of July offer on myCPE Prime, Unlimited courses and credits for just $199. Hurry! (Offer expires on July 04) Click here to start.

Multistate Sales Tax Collection – Nexus considerations and Exemption certificate compliance

  • Accountant
  • AFSP
  • CRTP
  • CPA (US)
  • EA
  • ORTP
  • Maryland Tax Prep.
  • CFIRS
  • CWS
  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

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 online continuing education 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 that were never previously required. Additionally, it has created significant obstacles for 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.

Beyond sales tax collection, states are facing revenue shortfalls from the pandemic and becoming more aggressive in the enforcement of other taxes as well. Multistate businesses face substantial complexities with understanding where and which state taxes they must comply with.

This online CPE Course will examine these complexities to help you identify where state tax obligations exist and potential avenues for minimizing compliance burdens.

Key topics covered in this online CPE/CE webinar:

  • Sales Tax: Wayfair, a Practical Approach
  • Sales Tax: Marketplace Providers and Multistate Sourcing Rules
  • Corporate Income Tax & Telecommuting in this Changed Landscape
  • Nexus, UDITPA, MTC
  • Calculation of state taxable income

This online CPE 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.

 If you are looking for a certified course on sales and use tax then click here: Sales and Use Tax Fundamentals.

Learning Objectives

  • To determine when and where the sales tax nexus exists
  • To Register and comply with states collection laws
  • To Update and implement an exemption certificate collection process for nontaxable sales
  • To analyze when services are subject to sales tax? especially for providers of Software-as-a-Service and web-based applications.
  • To know how voluntary disclosure agreements and amnesty programs can absolve past tax delinquencies and facilitate future compliance

Recommended For

  • This IRS-Approved CE course is recommended for CPAs, EAs, AFSPs, CMAs, CVAs, and Other Professionals looking after the multi-state salt tax compliances within their organization. 

    Who Should Attend?

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

    Course Qualification

    Webinar Qualifies For

    • 1 CE Credit of Federal tax-related matters for Enrolled Agents (EA) (Approval No. GEHNZ-T-00158-20-O)
    • 1 CPE Credit of Taxes for Certified Public Accountants (CPA-US)
    • 1 CE Credit of Federal tax-related matters for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-0170)
    • 1 CE Credit of Federal tax-related matters for Annual Filing Season Program (AFSP)
    • 1 CE Credit of Federal tax-related matters for Oregon Registered Tax Preparers (ORTP) (Approval No. GEHNZ-T-00158-20-O)
    • 1 CE Credit of Federal tax-related matters for Maryland Tax Preparer (MRTP) (Approval No. GEHNZ-T-00158-20-O)
    • 1 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
    • 1 CE Credit for Certified Wealth Strategist (CWS)
    • 1 General Credit for Accountant/Bookeeper

    Additional details

    • Course Level :
      Basic
    • Credits :
      1
    • Instructional Method :
      Group Internet Based
    • Pre-requisites :
      Basic Knowledge Of Taxability Of Products And Services
    • 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.

    Presenter

    About Presenter

    Richard Fry

    Partner, Buckingham

    I am a business tax attorney who provides clients with trusted advice concerning significant transactions, tax planning, and difficult challenges encountered in their daily operations. My practice is focused on state and local tax compliance and controversies, including Ohio and multistate sales/use tax, commercial activity tax, and personal income tax issues. Additionally, I represent client in negotiating and drafting agreements for commercial and real estate transactions, and in federal income tax controversies with the Internal Revenue Service. 

    Because of my tax background, I often advise clients on the business and tax implications related to their corporate structure and significant transactions. I take pride in understanding my clients' business needs and objectives so I can help them achieve their goals in the most beneficial, yet practical, manner. 

    Also, as former Chair of the Ohio State Bar Association Taxation Committee, I have been asked to present my opinion concerning tax laws and policy to Ohio legislatures on behalf of the Bar Association. These opportunities have given me invaluable insight into the legislative process and the practical considerations that mold tax policy.

    About Company

    Buckingham

    www.bdblaw.com/

    Buckingham, Doolittle & Burroughs, LLC is a corporate law firm that counsels middle-market executives and business leaders all over Ohio and beyond. With offices in Cleveland, Akron and Canton, Ohio, Buckingham offers clients sophisticated and practical legal services. Serving the region for more than 100 years, Buckingham’s mission is to deliver meaningful experiences through the practice of law, exceed expectations in terms of service, counsel and business sense, and to offer continuous value to the industries, communities and clients they serve.

    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.

    Ratings and Review

    4.5

    414 Ratings

    Excellent

    248

    Very Good

    139

    Average

    24

    Poor

    1

    Terrible

    2

    JH

    Jean Hess, CFE, CPA/CITP, CPA (US)

    Jan 21st, 2022

    Great detail on presentation

    KM

    Kevin Marsh, CPA (US)

    Nov 22nd, 2021

    Great webinar.

    MSWI

    Max S Woodbury Ii, CPA (US)

    Nov 22nd, 2021

    I enjoyed learning from a very knowledgeable Instructor. He did a great job, especially considering he is a first-timer to this format. His experience in the field is valuable.

    MS

    Marlene Schinnow, Accountant

    Nov 20th, 2021

    He did good for his first time. He may want to speak up a little more. I had my volume all the way up and just barely heard him.

    JB

    Jacqueline Baptiste, CPA (US)

    Nov 22nd, 2021

    This is a good introductory level to sales and use tax. I am a novice to sales and use tax and the terminology was over my head. I took notes, and did research on the terminology I did not understand. Now I am looking for the next level webinar on sales and use tax.

    Multistate Sales Tax Collection – Nexus considerations and Exemption certificate compliance

    $10

    1 Credit

    Subject Area

    Taxes

    Upcoming Webinars

    Corporate Accounting & Auditing Best Practices
    • 4.1
    • (69)

    Jul 05, 2022 | 09:00 AM EDT

    Ultimate Guide to GAAP with Latest Updates
    • 4.0
    • (93)

    Jul 05, 2022 | 09:00 AM EDT

    Ethics in Practice
    • 4.6
    • (14)

    Jul 05, 2022 | 09:30 AM EDT

    Excel Accountant : Intro to Macros In-Depth
    • 4.6
    • (107)

    Jul 05, 2022 | 10:00 AM EDT

    Evolution of Terrorist Financing Methods
    • 4.3
    • (187)

    Jul 05, 2022 | 10:00 AM EDT

    2022 Enrolled Agent Ethics
    • 4.6
    • (106)

    Jul 05, 2022 | 10:00 AM EDT

    Master Capital Allocation
    • 4.6
    • (5)

    Jul 05, 2022 | 10:00 AM EDT

    QBO Complete Comprehensive Overview - Latest
    • 4.3
    • (68)

    Jul 05, 2022 | 11:00 AM EDT

    We use cookies to improve your experience on our website. Cookies store information about how a user interacts with Website. By clicking "Accept Cookies", you agree that MY-CPE LLC can store cookies on your device. All your data is anonymised and cannot be used to identify you.