60 Minutes
Program Level: Basic
Field Of Study: Specialized Knowledge
Prerequisites: None
Instructional Method: Group Internet-Based
Who should attend? Everyone
Advanced Preparation: None
This webinar is the seventh in our new series of eight webinars. The series is called the Seven Pillars of a Successful Sales Tax Strategy and is a deeper dive into each of the seven pillars addressed in the two-part introductory webinar of the same name.
This webinar will cover sales tax returns. In our first webinar, we go over nexus and determine if you or your clients have it and how additional steps may need to be taken. Determining nexus is a crucial step in moving forward with the other pillars.
In this webinar, state tax expert Michael Fleming will cover sales tax returns and go over important points to the sales tax basics, including online accounts, balancing, notice management, data, and other base-level topics. He will discuss red flags and points to consider.
Mike will also go over best practices and important questions to ask the person doing your returns. He will explain managed returns and third-party prep. Mike will explain return filings and highlight a few cautionary tales to be wary of regarding sales tax returns.
Key Topics:
Sales Tax Return Basics
Return Filings
Best Practices
Cautionary Tales
Understanding sales tax returns can sometimes seem tricky and unclear. In this session, Michael Fleming will help clear the air with a sound, common-sense approach to understanding sales tax returns. Once you know whether you or your clients have nexus or not, you will know whether you need the other six pillars of a successful sales tax strategy. They are taxability, rates, use tax, exemptions, registrations/amnesties and VDAs, and returns. The last webinar in the series is sales tax audit defense.
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/9017259863697/WN_RljVup3lQp26cv5o3F9G4Q