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

What To Do When You Owe Sales Tax To The Government

  • AFSP
  • CFEs
  • CPA (US)
  • CVA
  • EA
  • Tax Preparer
  • CTEC
What To Do When You Owe Sales Tax To The Government

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-00417-21-O)

1 CE credit of Federal Tax Subjects for California Tax Professionals (CTEC Approved - 6273) (Approval No. 6273-CE-0418)

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

1 CPE credit for Certified Fraud Examiners (CFEs)

1 CPD credit (Verifiable) for Certified Valuation Analyst (CVA)

1 CE credit of Federal Tax for Oregon Tax Preparers (Approval No. GEHNZ-T-00417-21-O)

1 CE credit of Federal Tax for Maryland Tax Preparers (Approval No. GEHNZ-T-00417-21-O)

1 General Educational credit for Tax Professionals / Bookkeepers / Accountants

Upcoming Webinars

Best Tax Return Workshop - Partnerships & LLCS (Form 1065) Latest

Sep 21, 2021 | 09:00 AM EDT View Details

Excel Accountant: Filtering Data

Sep 21, 2021 | 10:00 AM EDT View Details

IFRS 15 - Revenue Recognition Redefined for All Industries

Sep 21, 2021 | 10:00 AM EDT View Details

Corporate Accounting & Auditing Best Practices

Sep 21, 2021 | 10:00 AM EDT View Details

Real Estate Tax Strategies: Cost Recovery, Partial Dispositions, Removal Cost, Int. Deductions, Repairs & Capital Improvements

Sep 21, 2021 | 10:00 AM EDT View Details

IFRS Fixed Assets (Property, Plant & Equipment)

Sep 21, 2021 | 10:00 AM EDT View Details

Retirement Plan Governance Best Practices: Fiduciary Responsibility

Sep 21, 2021 | 10:00 AM EDT View Details

Update on the AICPA's Enhancing Audit Quality Initiative

Sep 21, 2021 | 10:00 AM EDT View Details

Building the Best Employee Handbook

Sep 21, 2021 | 10:30 AM EDT View Details

Faces of Fraud: How to Stay Safe From the Latest Threats

Sep 21, 2021 | 10:30 AM EDT View Details

Proper Preparation Submission & Negotiation - Offers in compromise(OIC)

Sep 21, 2021 | 10:30 AM EDT View Details

Staying Out of Jail: Leveraging the Dept. of Justice Compliance Guidance

Sep 21, 2021 | 10:30 AM EDT View Details

Maximize ERC Tax Credits for Your Businesses & Clients - Plus New Form 941 and Form 7200

Sep 21, 2021 | 10:30 AM EDT View Details

Crucial Insights & Tax Strategies on S Corporation

Sep 21, 2021 | 11:00 AM EDT View Details

Internal Audit Standards

Sep 21, 2021 | 11:00 AM EDT View Details

Course Description

If you owe the government money for unpaid sales and use taxes, it is possible to get a payment plan with them. These payment plans are commonly called Installment Payment Agreements (IPAs.) The government may require a significant amount of corporate and personal financial disclosures prior to agreeing to an installment payment agreement. In addition, the government often files a tax lien against you to secure the tax debt.

This webinar is designed to provide the audience with a basic understanding of what to do when sales tax is owed to the government. We will also go over what the government will do if you cannot pay the sales tax, how to resolve a sales tax bill with the government, and the due diligence required when purchasing a business. 

Key topics: 

  • Does the government offer payment plans? 
  • For how long do penalties and interest continue to accrue? 
  • Will the government waive penalties and interest? 
  • Will the government settle with me if I cannot afford the whole amount due? 
  • If I know I made a mistake, can I come forward voluntarily to avoid a problem? 
  • Does the government offer amnesty? 
  • What will the government do if the company does not pay a sales tax bill? 
  • What types of collection action does the government take? 
  • Does my sales tax bill expire? 
  • If I am buying a company, what due diligence must I perform related to sales tax?

Learning Objectives

  • To discuss what to do when sales tax is owed to the government
  • To discuss what the government will do if you cannot pay the sales tax
  • To analyze how to resolve a sales tax bill with the government
  • To examine due diligence required when purchasing a business.

Who Should Attend?

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

Testimonial

Array
(
    [average] => 4.6789
    [no_of_record] => 109
)
 

4.7

(109)
70%
28%
2%
0%
0%

JH

Great presentation

HV

Very informative. Great material.

RC

This is a very important subject and actually could have been a 2 hour seminar.

JN

I really enjoy Mark's webinars. I always learn a ton and he's great about answering questions!

DR

Very relevant and needed topic.

JT

Loved it