Course Description:
Sales and Use Tax Compliance is among the most challenging areas for Accounts Payable professionals to master. Currently, 45 states and the District of Columbia levy a sales and use tax. Five states do not, but individual counties within those states may. In addition, Congress is currently considering legislation that would create a National Internet Sales Tax.
This 2-day seminar will cover compliance and best practices regarding Sales and Use Tax in detail. The history of the sales tax, and its constitutional requirements, will be covered. "Nexus", meaning a company's legal requirement to register and comply with a given State's sales tax code, will be examined with a case study. The Use Tax will be covered, along with the various cost bases used to calculate it. Sales tax compliance averages around 80% nationwide, while Use tax compliance only averages about 20%. This seminar will explain why.
We will also cover how to recover an overpayment of sales and use tax, and how your company can minimize (or even eliminate) paying use tax to multiple states. We will examine how to handle a sales and use tax audit, as well as your company's rights if you are found to be in deficiency. Finally, you will be provided with two resources that will greatly assist you compliance efforts, and be taught how to most effectively use them. If Sales and Use Tax compliance is a source of frustration for you, this is a seminar you won't want to miss!
Learning Objectives:
- Learn how to make sense of complicated Sales and use Tax legislation
- Learn how to recognize when "nexus" might exist and how to register with a given state
- Learn how to properly calculate your Use Tax liability….without overpaying
- Learn how to survive a Sales and Use Tax audit, and how to use Judicial Review if you assessed a deficiency balance
- Learn more about the proposed Marketplace Fairness Act of 2015, and the implication for your company
- Learn about resources that will help make your company's compliance much easier
Seminar Fee Includes:
Course Benefits:
- Full understanding of the origin of the Sales and Use Tax and constitutional requirements for it to be legal
- Full understanding of "nexus" and how to determine if your company should register in a given state
- Comprehensive analysis of the Use Tax, including various cost bases and reciprocal agreements between states
- Comprehensive analysis of the Sales and Use Tax audit….and how to survive one!
Areas Covered:
Topics covered include:
- History/Legal Requirements for Sales and Use Tax
- Nexus
- Use Tax and Cost Bases
- Marketplace Fairness Act of 2015
- Sales and Use Tax Audits
- Judicial Review
- Streamlined Sales Tax Agreement
- Multi-State Tax Commission
- Sales and Use Tax Decision-making Flowchart
Who will Benefit:
- Financial Officers
- Tax Mangers
- Purchasing Managers
- Risk Officers
- Internal Auditors
- Office Managers
- Staff with roles and responsibilities in purchasing, accounts payable, sales order taking, tax and accounting.
Course Outline:
| DAY ONE (8:30 AM – 4:30 PM) | DAY TWO (8:30 AM – 4:30 PM) | ||
|
Registration Process: 8:30 AM – 9:00 AM Session Start Time: 9:00 AM
|
|
Meet Your Instructor
 |
Miles Hutchinson CGMA, President of Sales Tax Advisors, Inc. Miles Hutchinson is a CGMA, and experienced businessman. He has been an auditor with PriceWaterhouseCoopers and the Chief Financial Officer of a $1 billion real estate development company. Miles is a professional speaker and consultant who has presented over 2,000 seminars and training sessions on a myriad of business and financial topics, like financial analysis and modeling, accounting, strategic planning, and compliance with the Sarbanes-Oxley Act. He is recognized as an expert in payroll and sales & use tax as well as financial modeling & analysis, business strategy and communications. He is the author of several useful accounting and tax tools. His clients include Abbott Labs, Bank of America, Boston Scientific, Citicorp, Corning, the FBI, the FDA, the Federal Reserve, GE, Pfizer, Siemens, US Marine Corps, and the US Army. |
Register Now
Online using Credit card
Get the Invitation
Pre-Register yourself and get the official Invite when venue and dates are announced for this seminar.
Call here to register +1-888-717-2436 or email at [email protected]
Other Registration Option
- Download the Order Form
- Fill this form with attendee details & payment details
- Fax it to +1-650-362-2367, or
- Email it to [email protected]
Payment Mode
ComplianceOnline (MetricStream, Inc),
6201 America Center Drive Suite 240
San Jose, CA 95002
USA
Register / Pay by Wire Transfer
Please contact us at +1-888-717-2436 to get details of wire transfer option.Terms & Conditions to Register for the Seminar/Conference/Event
Your registration for the seminar is subject to following terms and conditions. If you need any clarification before registering for this seminar please call us @ +1-888-717-2436 or email us @ [email protected]
Payment:
Payment is required 2 days before the date of the conference. We accept American Express, Visa and MasterCard. Make checks payable to MetricStream Inc. (our parent company).
Cancellations and substitutions:
Written cancellations through fax or email (from the person who has registered for this conference) received at least 10 calendar days prior to the start date of the event will receive a refund — less a $200 administration fee. No cancellations will be accepted — nor refunds issued — within 10 calendar days before the start date of the event.
On request by email or fax (before the seminar) a credit for the amount paid minus administration fees ($200) will be transferred to any future ComplianceOnline event and a credit note will be issued.
Substitutions may be made at any time. No-shows will be charged the full amount.
We discourage onsite registrations, however if you wish to register onsite, payment to happen through credit card immediately or check to be submitted onsite. Conference material will be given on the spot if it is available after distributing to other attendees. In case it is not available, we will send the material after the conference is over.
In the event ComplianceOnline cancels the seminar, ComplianceOnline is not responsible for any airfare, hotel, other costs or losses incurred by registrants. Some topics and speakers may be subject to change without notice.
Attendance confirmation and documents to carry to the seminar venue:
After we receive the payment from the registered attendee, an electronic event pass will be sent to the email address associated with the registrant 5 working days before the seminar date. Please bring the pass to the venue of the event.
Conference photograph / video:
By registering and attending ComplianceOnline conference, you agree to have your photographs or videos taken at the conference venue and you do not have any objections to ComplianceOnline using these photos and videos for marketing, archiving or any other conference related activities. You agree to release ComplianceOnline from any kind of claims arising out of copyright or privacy violations.
|
Local Attractions
Think Escape Party Bus
San Francisco Bay Area
Board a luxurious Think Escape party bus or limo and be whisked away to San Francisco's hottest nightclubs where VIP treatment brings all party bus guests to the front of the line. Planning the perfect night on the town is easy with Think Escape's fleet of luxury buses and extended vehicles, each with different amenities for socializing and transport. Think Escape's Bay Area party bus rentals include free entry into selected exclusive nightclubs, professional hostess and chauffer, in-vehicle coolers stocked with amenities for a perfect night of partying.
Alcatraz Lunch Cruise
The Alcatraz Lunch Cruise is a luxurious way to get to see some of San Francisco’s favorite sights. A gourmet lunch buffet features options like asiago Caesar salad, bay shrimp salad, roasted chicken, garlic-herb roasted new potatoes and more. While guests enjoy lunch, they can take in views of San Francisco Bay’s flora and fauna, Angel Island and Alcatraz, and a live narration explores the history of Alcatraz. Please note that this tour doesn’t stop on Alcatraz Island.
Luxury Catamaran Sailing Cruise
A relaxing way to explore the San Francisco Bay is with the Luxury Catamaran Sailing Cruise. A drink bar and snacks are available for travelers’ enjoyment as they travel under the Golden Gate Bridge, around Alcatraz Island and even past a colony of sea lions. This is a peaceful San Francisco cruise option for families, and children under 5 ride for free.
City Kayak
City Kayak, located on San Francisco's Embarcadero close to the San Francisco Giant's ATT Park, offers a great way to experience San Francisco from Bay level, a point of view and a unique experience you'll not soon forget.
Think Escape Casino Tour
San Francisco Bay Area
San Franciscans may be familiar with Think Escape's party buses that shuttle the late-night crowds to and from various city nightclubs, but the Cache Creek Casino Escape is a little-known gem among Bay Area destinations. With personal charter service on the luxurious Fantasy Limo Bus to Cache Creek Casino and Resort, the Cache Creek Casino Escape tour is a smart choice for San Franciscans looking for a little gaming fun or planning a large group activity
