You can conquer the theoretical conundrums and compliance issues caused by the question of whether or not a business has nexus in a particular jurisdiction. Be the one to guide your client skillfully through the maze of multistate corporate tax codes. Rapidly develop a working knowledge of both multistate tax compliance and related planning opportunities. With the rate of change, you can’t afford to be out-of-date with your knowledge of this critical tax area. Course materials will include the latest developments regarding the Wayfair decision.
When you complete this course you will be able to: • Describe the key principles of multistate taxation. • Identify the implications of establishing nexus in various taxing jurisdictions. • Analyze client operations and devise strategies that will minimize their client’s overall sales and/or income tax liability. • Recognize the impact recent judicial rulings in various states on client operations. • Determine to what extent the state taxation of internet based transactions may impact current and future client activities.
• Constitutional limits and P.L. 86-272 • Nexus, UDITPA, MTC • Calculation of state taxable income • Filing methods for multistate taxpayers • Apportionment and allocation • Multistate income tax planning • Audit defense strategies
Experienced tax professionals and accountants; private industry accounting and finance managers
Experience in corporate taxation