REVISITING STATE AND LOCAL PAYROLL AND EMPLOYMENT TAXES IN LIGHT OF COVID-19
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Course Details

Overview of Topics

  • Introduction1 mins
  • Terminology3 mins
  • State-by-State Tour8 mins
  • State Enforcement Efforts45 mins
  • Audits and Collections48 mins

Course Description

It is becoming even more imperative to review the implications of state and local payroll taxes as workforces of businesses across the nation transition into remote employment arrangements as a result of COVID-19. Generally speaking, there are a number of state tax issues that should be considered with respect to telecommuting employees. This includes income tax nexus (i.e., filing requirement), sales/use tax nexus, income tax apportionment (i.e., Cost of Performance sourcing and/or Payroll Factor rules), in addition to employment tax wage sourcing, for withholding payroll tax purposes.

While most states source employee wages for payroll withholding purposes to the state where the employee performs the services, there are certain states with enacted laws that require non-resident wages to be sourced to the office of the state where the employee is assigned. The wages of an employee may result in a tax withholding requirement in the office state, regardless if the employee is telecommuting from home and working in another state.

This course will cover various aspects related to state taxes in light of COVID-19. Topics which will be covered are : 

  • Nexus issues relating to employees telecommuting from home
  • Possibilities of taxes in another state; 
  • What states are doing regarding audits and other examinations
  • Pitfalls to watch
  • Sampling of guidance released by states.

Webinar Qualifies for

  • 1 CPE credit of Federal Tax for Maryland Tax Preparers
  • 1 CE credit of Federal Tax Law Update for CRTPs (CTEC Approved-6273)
  • 1 CE credit of Federal Tax Update for Enrolled Agents ( IRS Approved : GEHNZ )
  • 1 CE credit of Federal Tax Update for Oregon Tax Preparers
  • 1 CE credit of Taxes for all CPAs
  • 1 General Educational credit for Tax Professionals/Bookkeepers/Accountants

Learning objectives

  • To recall what is nexus for withholding or income tax purposes?
  • To identify situations where telecommuting create nexus in the state the employee works from home in
  • To identify various pitfalls to advise your clients to be careful of.
  • To identify sources to check for state guidance
  • To recognize how states are changing their audit and examination procedures

About Presenter

Jason Dinesen, EA, LPA

Advisor,Dinesen Tax & Accounting, P.C.

jason@dinesentax.com

Jason Dinesen is the President of Dinesen Tax & Accounting, P.C., a public accounting firm in Indianola, Iowa. His practice focuses on accounting and bookkeeping services, tax preparation and business advising to individuals with a business focus ranging from home-based businesses to multistate corporations and not-for-profits. Dinesen has extensive experience working with a third-party administrator of retirement plans and is a prior presenter of multiple 1099 seminars. Dinesen majored in corporate communications with a minor in management from Simpson College.

Unlike some other accounting firms, when Dinesen Tax & Accounting, P.C. says we offer personal service, we mean it. When you come to us with your tax preparation needs, you’ll deal directly with our owner and president, Jason Dinesen. We don’t put administrative staff in the middle of you and our tax expert. That means you’ll always have first-hand knowledge of where things stand, and important information won’t slip through the cracks. We welcome all clients, but especially individuals who want the benefits of a long-term relationship with an accounting firm capable of handling anything that might come along with their taxes. We give all our clients the time, attention, and convenience they should expect. If you have a challenging professional or personal schedule, Jason will accommodate you by meeting whenever – and wherever – works best for you.

Review Questions

  • Question 1 : 00:15
  • Question 2 : 00:30
  • Question 3 : 00:45
  1. Who is required to file informational return in Alaska?
  2. What is not included in corporate activity tax in Oregon?
  3. ________________________ is a general word for the group of specialized words or meanings relating to a particular field, and also the study of such terms and their use, this also known as terminology science.
  1. What is deadline for filing composite tax returns and associated payments of 1st April and July 15th in Alabama?
  2. How many days extended for sales tax return in Colorado?
  3. In which state there are no personal tax due to COVID – 19?
  4. What is the full form of PPP?
  5. What is due date for fiscal year returns ending 1/31/20 or 2/29/20 in Florida?

FAQ

  • myCPE self-study courses are online.
  • The self-study format allows you to access the material online 24/7 and study at your own pace.
  • As per NASBA guidelines, you have one year from date of registration to complete each program.
  • Complete your final exam at any time and get CPE Credit instantly. You can retake the exam multiple times without any additional charges.
  • Course have minimum passing score of 70% and test takers will not be provided feedback on failed exams.
  • Upon achieving a passing score, test takers will be notified of the correct answers to the questions missed.
  • These are Live recorded presentations converted into Self Study (On-Demand Videos).

Refund/Cancellation Policy

  • For more information regarding refund, complaint and program cancellation policies, please contact our offices at 646-688-5128
  • Please email to   help@my-cpe.com  in case of any self study program queries.

Reviews

4.6
(177)
70%
20%
8%
2%
0%
  • AL
    Alexis Lamont , CPA
    Jun 24th 2020
    An excellent, detailed presentation by Jason that covered the topic in depth. Although I do not currently do returns with Sch H, I have in the past. I picked up a lot of valuable information should I need to do a Sch H in the future, or advise a client on this topic. Well Done!
BM
Bonnie Murrell , AFSP
This presentation was very informative and easy to digest. The presenter’s knowledge base and expertise, the materials used and recommended resources, and the delivery and pace of instruction were all excellent.
WC
Waris Cowlas
This webinar gave me some valuable insights to the issues involved with domestic employees and the associated payroll taxes.
KHCY
KELLY HONG CHEE YUEN , EA
I enjoyed the webinar. A lot of information to review the materials provided. I do some Payroll but not Household Employees at the moment.
ML
Min Lee , EA
Very informative.
CE
Cynthia Elliott , CPA
The session was very organized and clear.

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.

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

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.

On-Demand Webinars

Revenue – Five Steps to Recognition
Wednesday, July 29, 2020 View Details/Register
GUIDE TO DEPRECIATION UNDER THE TCJA
Wednesday, July 29, 2020 View Details/Register
PAYROLL FRAUD INFORMATION AND DISCUSSION
Wednesday, July 29, 2020 View Details/Register
Forecasting in a Time of Uncertainty (COVID-19)
Tuesday, July 28, 2020 View Details/Register
TAX IMPLICATIONS AND PLANNING DUE TO COVID-19
Tuesday, July 28, 2020 View Details/Register
UBIT Under The TCJA
Tuesday, July 28, 2020 View Details/Register
Tax Planning Under Tax Cuts & Job Act : 10 Tips to Reduce Taxes for your Clients
Tuesday, July 28, 2020 View Details/Register
Tax Consequences on the CARES Act – Overview of major tax issues from the CARES Act and related notice including planning tec
Monday, July 27, 2020 View Details/Register
CECL Overview
Monday, July 27, 2020 View Details/Register
Accounting for Business Combinations Overview
Monday, July 27, 2020 View Details/Register
Accounting Principle Changes
Monday, July 27, 2020 View Details/Register
CIRCULAR 230
Monday, July 27, 2020 View Details/Register
UNDERSTANDING THE ENTITIES: PLANNING AND COMPLIANCE
Monday, July 27, 2020 View Details/Register
BEYOND WORKING REMOTELY – CASE STUDIES | BENEFITS | CHALLENGES FOR ACCOUNTING & TAX FIRMS.
Friday, July 24, 2020 View Details/Register
Excel Accountant: Auditing Excel Workbooks
Friday, July 24, 2020 View Details/Register
  • Cost FREE
  • CPE Credits 1
  • CE Credits 1
  • IRS Course ID GEHNZ-U-00187-20-S
  • CTEC Course ID 6273-CE-0199
  • Subject Area Taxes
  • Course Level Basic
  • Instructional Method QAS Self Study
  • Prerequisites None
  • Advanced Preparation None
  • Recorded Date July 10 ,2020
  • Published Date July 10 ,2020
  • Who should attend? Enrolled Agent Accountant CPA - Small Firm CPA - Mid Size Firm Accounting Firm Tax Pros CPA (Industry) Tax Firm Young CPA Entrepreneurial CPA Accounting Practice Owners Senior Accountant Tax Managers Accounting Managers Tax Preparer Staff of Accounting Firm
  • Handout Material Download
  • Key Terms Download

On-Demand Webinars

Revenue – Five Steps to Recognition
Wednesday, July 29, 2020 View Details/Register
GUIDE TO DEPRECIATION UNDER THE TCJA
Wednesday, July 29, 2020 View Details/Register
PAYROLL FRAUD INFORMATION AND DISCUSSION
Wednesday, July 29, 2020 View Details/Register
Forecasting in a Time of Uncertainty (COVID-19)
Tuesday, July 28, 2020 View Details/Register
TAX IMPLICATIONS AND PLANNING DUE TO COVID-19
Tuesday, July 28, 2020 View Details/Register
UBIT Under The TCJA
Tuesday, July 28, 2020 View Details/Register
Tax Planning Under Tax Cuts & Job Act : 10 Tips to Reduce Taxes for your Clients
Tuesday, July 28, 2020 View Details/Register
Tax Consequences on the CARES Act – Overview of major tax issues from the CARES Act and related notice including planning tec
Monday, July 27, 2020 View Details/Register
CECL Overview
Monday, July 27, 2020 View Details/Register
Accounting for Business Combinations Overview
Monday, July 27, 2020 View Details/Register
Accounting Principle Changes
Monday, July 27, 2020 View Details/Register
CIRCULAR 230
Monday, July 27, 2020 View Details/Register
UNDERSTANDING THE ENTITIES: PLANNING AND COMPLIANCE
Monday, July 27, 2020 View Details/Register
BEYOND WORKING REMOTELY – CASE STUDIES | BENEFITS | CHALLENGES FOR ACCOUNTING & TAX FIRMS.
Friday, July 24, 2020 View Details/Register
Excel Accountant: Auditing Excel Workbooks
Friday, July 24, 2020 View Details/Register