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Sales Tax Collection obligations for SaaS providers

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

Course Description

Course Description

A recent Supreme Court case and related law changes in many states have resulted in significant new state sales tax obligations on many SaaS providers. It’s important to understand that these changes could result in new tax collection responsibilities on your business even in states where you have operated without them in the past. These changes mean that SaaS providers may now be required to collect and remit sales taxes in states where they have operated for years without any obligation.

If your business crosses the economic nexus threshold in a state that imposes sales tax on services, you will need to bill your clients for those amounts and remit them to the state. In fact, you’ll need to start tracking your transactions in the state from the outset in order to know when you cross a threshold that triggers a sales tax obligation. 

This online CPE course will examine the ramifications economic nexus has had on providers of Software-as-a-Service (SaaS). Service providers face significant burdens in determining which services are subject to tax due to the varying definitions of taxable services amongst states. As the number of businesses delivering their services through the Internet grows, states will continue to consider SaaS as a potential for expanding the tax base and increasing revenue.

Learning Objectives

  • To identify when and where sales tax nexus exists
  • To identify which states impose sales / use tax on SaaS and other web-based services
  • To identify the Exemptions available for sales to certain customers and how to properly document exemptions
  • To recognize how voluntary disclosure agreements and amnesty programs can absolve past tax delinquencies and facilitate future compliance

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounts Director
  • California Registered Tax Professional
  • Cloud Accountants
  • Cloud Firms
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • Enrolled Agent
  • Entrepreneurial Accountant
  • Maryland Tax Preparers
  • Oregon Tax Preparers
  • Senior Accountant
  • Tax Accountant (Industry)
  • Tax Attorney
  • Tax Firm
  • Tax Managers
  • Tax Practitioners
  • Tax Preparer
  • Tax Professionals
  • Young CPA

Course Qualification

Webinar Qualifies For

  • 1 CE Credit of Taxes for Enrolled Agents (EA) (Approval No. GEHNZ-T-00175-20-O)
  • 1 CPE Credit for Certified Valuation Analyst (CVA)
  • 1 CPE Credit of Taxes for Certified Public Accountants (CPA-US)
  • 1 CRE Credit for Certified Financial Examiner (CFE)
  • 1 CE Credit of Federal Tax Related Matters for California Registered Tax Preparers (CRTP) (Approval No. 6273-CE-0187)