Sales and Use Tax - The Basics
Monday, February 12, 2018 at 2:00 pm ET
Duration: 90 minutes
Speaker: Miles Hutchinson
Register for Live Webinar: $219
Register for Live Webinar Plus Download: $319
Register for Live Webinar Plus CD: $349 (includes shipping and handling)
Bonus for Each Registrant: The webinar speaker will answer one written question that you may submit by email within one week after the webinar.
Special Feature: If you register for this webinar and cannot attend, you will be able to access a one-time instant replay without charge for up to 90 days after the date of the webinar.
Webinar Description
Sales tax? Use tax? What’s the difference? Do you owe tax on your internet sales? Will you owe taxes in more than one state for the same sale?
Join us and in just 90 minutes, you can begin to develop a solid plan to move your company toward sales and use tax compliance. Experienced CGMA and businessman Miles Hutchinson will review the basics of sales and use taxation with you and answer your questions. He will discuss legal developments in the area of taxation of internet sales. You will receive practical guidance to avoid penalties due to the ever increasing instances of audits by state taxing authorities.
Agenda
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Learn the difference between a sales tax and a use tax
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Identify taxable sales and non-taxable sales
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Learn the difference in tax basis between sales of property and sales of services
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Determine whether you will owe taxes on your internet sales
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Find out what the major internet retailers are doing to avoid sales and use tax on their sales and how bricks and mortar retailers oppose them
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Learn the latest information about the Main Street Fairness Act, the Marketplace Fairness Act and other important legislation that affects internet sales
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Identify the 3 key factors that could ensure exemption of freight charges from tax
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Learn about the limited protection provided by exemption certificates
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Identify the nexus triggers to avoid having to register and pay taxes in states other than your home state
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Discover best practices for dealing with nexus in states other than your home state when you haven’t registered as required
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Identify the key policies and procedures your company should have in place to help with compliance and tax audits
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Examine the pros and cons of obtaining amnesty through the streamlined sales tax project
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Receive a list of valuable resources to help you learn the different requirements of individual states for exempting specific transactions from tax
Logistics
- 90 minutes (Travel Free) delivered over the Internet.
- Unlimited listeners per connection - bring the entire department.
- Q&A session with the expert.
This event will be presented live with a PowerPoint presentation to be viewed on your computer. You may listen to the audio of the webinar by telephone or through your computer. The PowerPoint slides will be provided shortly before the event. Once you register, you will receive an email which is your receipt and which includes your instructions for dialing in and logging on. You will also receive an email reminder 24 hours before the webinar.
What is a webinar?
A webinar is a live Internet based seminar. Webinars are a way for participants in many different locations to see and hear a presentation and view PowerPoint slides. You can also have your colleagues attend the webinar using one connection.
What kind of equipment do I need?
You will need a computer with an Internet connection (high speed service such as DSL or cable works best) and a telephone. You may listen to the webinar through your computer speakers, in which case you will not need to use a telephone connection. Internet access is not required for phone-only participants, but you will not be able to see the speaker’s slides.
How can I share the webinar with my colleagues who may not be able to attend the event?
CDs of each program will be available for sale and can be shared with your business associates.
Can I get a copy of the PowerPoint slides used in the webinar?
The PowerPoint slides will be available on the materials page link in the confirmation email that will be sent to you no later than the morning of the day a webinar is presented.
How do I ask a question during the webinar? Will my question be answered during the presentation?
A question and answer session will be scheduled at the end of each webinar. You can then ask a question by typing it into the question box that will be provided to you duringthe webinar. You may also ask a question through the telephone connection. As many questions as possible will be answered during the Question and Answer period.