Managing your multistate tax environment to reduce your exposure to audit in a postWayfair world.
Particularly now that physical presence is no longer a safe harbor, sales and use tax professionals are faced with the legal and practical challenges of learning as many as 50 different state sales and use tax laws and regulations. No one could possibly learn all of the different state requirements and yet our jobs demand it. The purpose of this topic is to reveal the secrets to working in a multistate environment. You will learn the different types of taxing states which greatly reduces the complexity of a 50state environment. Five states dont even have sales and use taxes. You will learn the recent developments affecting nexus and reduce your exposure to audit from other states. Audits in this area are inevitable learn techniques for negotiating with auditors and reducing the amount they assert your organization owes.
ï Sales and Use Tax
ï The Types of Taxing States
ï Common Exemptions and Exclusions
ï How to Evaluate If Your Organization Has Nexus in Another State
ï Measuring Your Organization's Exposure
ï State Tax Voluntary Disclosure and Amnesty Programs
ï Negotiating With Auditors
ï Techniques for Reducing the Tax Liabilities
ï Challenging State Tax Audits
Christina A. Mondrik, Esq., CPA with Mondrik & Associates, Nicholas J. Souza, Esq. with Mondrik & Associates
AIPB ,CPE ,Additional credit may be available upon request.