CPE Packages (Incl. Ethics) for Multiple States and Qualifications Available. Price $4/credit - CLICK HERE to view.

Multistate Tax Compliance: Where And When Businesses Are Subject To State Taxes

5 (1)

Richard Fry

Buckingham

  • AFSP
  • CFEs
  • CMA
  • CPA (US)
  • EA
  • Tax Preparer
  • CTEC

Published: June, 2021

1 Credit

$10

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 )

1 CE credit of Federal Tax Subjects for California Tax Professionals (CTEC Approved - 6273)

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

1 CPE credit for Certified Management Accountants (CMA)

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

1 CE credit of Federal Tax for Maryland Tax Preparers

1 General Educational credit for Tax Professionals / Bookkeepers / Accountants

You need to register for the webinar to watch the video.

Click Here to Register

Before starting this self study program, please go through the instructional document.

Overview

  • Commerce Clause Protection
    3 mins
  • Notable States Adopting Economic Nexus
    11 mins
  • Tax Collection for Service Providers
    19 mins
  • Public Law 86-272 Safeharbor
    31 mins
  • Pass-Through Entity Withholding Tax
    41 mins

Course Description

As nexus barriers continue to get knocked down, businesses are being subjected to taxes in more and more states. The exposure faced by those who are unable to comply can be severe. Following the seminal U.S. Supreme Court decision in South Dakota v. Wayfair, states are now able to force remote vendors and marketplace facilitators to collect sales tax. Tax professionals must recognize how states expand, demand, and open new and broader tax pipelines to avoid any unintended tax implications for noncompliance.

Furthermore, these businesses are likely also subject to business activity taxes in these states. Pass-through entities and their owners in particular face difficult state tax complexities. This course will examine where businesses are subject to state taxes and how to minimize compliance burdens. Federal P.L. 86-272 provides protection for certain businesses selling tangible personal property, but is not available for service providers. Finally, attendees will learn which states conform with federal income tax provision and where decoupling exists.

This Online CPE webinar would cover : 

  • Planning opportunities to help & advise clients
  • Determining when sales tax must be collected by remote vendors, marketplace facilitators, and Software-as-a-Service providers
  • Nexus considerations for state business activity taxes
  • Federal protection from net-income based taxes under P.L. 86-272
  • Taxation of pass-through entities and their owners
  • How voluntary disclosure agreements and amnesty programs can absolve past tax delinquencies and facilitate future compliance

Access more webinars on Sales & Use Tax | Latest Tax Updates | IRS Audit

Learning Objectives

  • To outline impact of new laws and cases.
  • To identify various Nexus considerations for state business activity taxes
  • To identify Federal protection from net-income based taxes under P.L. 86-272
  • To identify various Conformity with Federal Income Tax provisions
  • To recall the Taxation of pass-through entities and their owners

Who Should Attend?

  • Accountant
  • Accounting Firm
  • Accounting Managers
  • CPA (Industry)
  • CPA - Mid Size Firm
  • CPA - Small Firm
  • CPA in Business
  • Entrepreneurial CPA
  • Senior Accountant
  • Staff of Accounting Firm
  • Tax Accountant (Industry)
  • Tax Attorney
  • Tax Director (Industry)
  • Tax Firm
  • Tax Managers
  • Tax Practitioners
  • Tax Professionals
  • Tax Pros
  • Young CPA

Testimonial

5

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