August 26, 2020 8:00am – 3:30pm Map & Directions 602-252-4144

Webcast: Nexus Update: Latest Developments in State Income, Franchise and Sales Tax

Description

The barriers to doing business across state lines have significantly decreased in recent years. However, this creates additional issues for taxpayers and their preparers in determining where and when they have nexus in a state which would require them to file either state income tax or sales tax returns.

This class will not only help equip you in learning the various ways that states define and enforce nexus but also in how to determine when your company or client has nexus in a state, thus requiring the filing of tax returns. Course materials will include the latest developments regarding the Wayfair decision.

Location

ASCPA Live Online Webcast
Phoenix, AZ 85034-6617

Registration Time

7:30am

Fees

Member:
$300
Non-CPA Staff:
$400
Non-CPA Staff (100% club):
$300
Non-CPA Staff (sole proprietor):
$300
Non-Member:
$400
Webcast
Taxation
8

Objectives

  • Recall what questions to ask clients to help them determine if they have nexus for income or sales tax and how to assess the answer.
  • Recognize the current tax law issues.
  • Identify consulting and planning alternatives for clients.

Course Level

Intermediate

Vendor

AICPA More With This Vendor

Designed For

CPAs in public practice who want to expand the scope of services they provide to clients and CPAs in industry who want to understand their exposure to nexus issues.

Prerequisites

Basic knowledge of multistate tax issues.

Event Leaders

Riley, Dennis

Rating: 4.62


Dennis Riley has more than 30 years of experience in accounting, consulting, tax preparation, and government representation. He specializes in the tax and business needs of individuals, families, and entrepreneurial small businesses. The AICPA’s Vision Project identified him as an early adopter of new technology and new integrations of accounting and consulting information. He is a frequent lecturer on topics related to for-profit taxation, estates and trusts, business law for accountants, and other related topics.

Mr. Riley’s experience includes a range of services including negotiations with federal and state government tax authorities, offers in compromise, closing agreements, strategic business plans, litigation support, record reconstruction, business formation and dissolution, problem solving, and tax preparation. He has resolved multiple-year filing issues, organization issues, and business transition problems.


More With Riley, Dennis

Highlights

  • Understand the history of nexus issues, including court cases and the new "expanded views" that states are taking.
  • Learn to examine the operational activities of your clients through the use of checklists and questionnaires to help them determine if they have nexus for income, franchise and sales taxes and how to assess their nexus.
  • Participate in case studies designed to give you the skills you need to determine if a client has nexus for income, franchise and sales tax.
  • Discuss up-to-the-minute developments in internet sales and aggressive law changes in certain states to collect sales tax from this group.
  • Explore planning opportunities to avoid nexus.
  • Examine whether client affiliates and agents can draw your client into battle with various states.
  • Discuss the alternatives available once a client has determined that they have nexus in a state.

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