60 Minutes
Program Level: Basic
Field Of Study: Specialized Knowledge
Prerequisites: None
Instructional Method: Group Internet-Based
Who should attend? Everyone
Advanced Preparation: None

In this webinar, state tax expert Michael Fleming will review what to do once you have registered and are collecting tax. The obvious answer is to file returns. However, what is involved? What are some of the basics? What are some of the considerations when choosing a provider for outsourcing?

Some additional questions are how often do I need to file? What are notices? What is balancing and why is it important? What if I have returns or refunds? What if I have no sales in a state for the given period? When are the due dates for a return to be filed? What happens if I file and/or pay late? Do I file on an accrual or cash basis? Why does my sales tax collected not match the sales tax I remit? How do exemptions and sales for resale play a role? What about marketplace sales? What are red flags and how can they increase the chances of an audit?

All of these questions will be addressed. Here are some of the key topics.

Key topics:
Sales Tax Return Basics
Filing Frequencies
Common filing issues
Third-Party managed returns
Questions to ask potential third parties
Cautionary Tales - Real-Life Case Studies

The world of sales tax is always changing, and many companies and their advisors realize this but are unsure of what the next best steps are. There is a lot of misinformation and fear-mongering circulating. In this webinar, Mike Fleming will cut through the noise and help you understand what is important using a common-sense approach.

This session is especially of interest to companies and/or their advisors who guide them through the maze of tax changes for multistate sellers.

https://us02web.zoom.us/webinar/register/4016947103236/WN_xrU5D_35TTGSqw_B3Ef0zA