Limited Period Offer - Get Unlimited Access to 10k+ hours of content with myCPE Prime at $199Subscribe Now

Multistate Sales Tax Collection – Nexus considerations and Exemption certificate compliance

  • Accountant
  • AFSP
  • CRTP
  • CPA (US)
  • EA
  • ORTP
  • Maryland Tax Preparer
  • Course Description
  • Course Qualification
  • Presenter
  • FAQ

Course Description

Course Description

The Sales Tax and its regime has been drastically affected following the seminal U.S. Supreme Court decision in the South Dakota v. Wayfair case. Now the states can force the remote vendors to collect sales tax. This standard will create a larger compliance footprint for U.S. companies, and, potentially, foreign companies. The states have become more aggressive in identifying and requiring businesses to comply with the sales tax rules. 

Given the nature of the situation, it is required for all the entities doing business in the U.S. to examine the ramifications economic nexus is going to bring, especially the ones selling 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. Further, 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.

This Online CPE webinar on Taxes is going to cover the following Key Topics:

  • Sales tax collection obligations following Wayfair 
  • Registering and complying with sales tax collection 
  • Exemption Certificate Compliance 
  • Challenges for service providers 
  • Managing Exposure

This Online CPE webinar on Taxes 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. 

A certificate course on Sales & Use Tax Fundamentals might interest you.

Learning Objectives

  • To determine when and where the sales tax nexus exists.
  • To explore registering and complying with state collection laws.
  • To update and implement an exemption certificate collection process for nontaxable sales.
  • To recognize when services are subject to sales tax, especially for providers of Software-as-a-Service and web-based applications.
  • To identify how voluntary disclosure agreements and amnesty programs can absolve past tax delinquencies and facilitate future compliance.

Recommended For

  • This Online webinar on Taxes is recommended for CPA, EA, CTEC, and Other Accounting and Tax Professionals who desire to provide accurate services to their Sales Tax clients.

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 Prepare