Content Provider
Hodgsonruss

Middle incentax
Self-Study CPE
NUTS & BOLTS OF SALES TAX SERIES: NEXUS DETERMINATIONS
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HOW TO START THE SALES AND USE TAX CONVERSATION WITH A CLIENT
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NUTS & BOLTS OF SALES TAX SERIES: AUDIT MANAGEMENT BEST PRACTICES
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NUTS & BOLTS OF SALES TAX SERIES: TAXABILITY DETERMINATIONS
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NUTS & BOLTS OF SALES TAX SERIES: SITUSING THE SALE
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Salestaxaudit hodgson

HOW AND WHY COMPANIES GET PICKED FOR SALES TAX AUDITS

Cost Free   CPE Credits 1.5 hours   Subject Area Taxes (Sales Tax)  Course Level Basic  Instructional Method Group Internet Based  Prerequisites None  Advanced Preparation None  Who should attend? CFO / Controller
CPA - small firm
CPA - medium firm
CPA - large firm
Other
Small Business Owner 
Series: CFOs and Controllers, Sales Tax, Taxes 
Course Description

The goal of this course is to inform you about how and why sales tax administrators decide to audit certain companies. State sales tax departments have limited resources compared to the number of vendors operating in their jurisdictions, so they try to identify those candidates for audit that will yield the most tax revenue. To put it another way, tax departments try to find businesses that are not in compliance with the jurisdiction’s sales tax rules. Unfortunately, however, many compliant companies are picked up for audit because they are unwittingly engaging in activities that place them on the tax department’s radar. This course will teach you the techniques tax administrators use to find companies for audit, in the hopes that it will help compliant companies reduce their risk of audit.

Learning Objectives

  • Learn the techniques auditors use to find targets for audit

  • Learn ways to minimize your company’s exposure for audit

  • Learn the pre-audit analysis used by many auditors to decide whether a potential target for audit is actually audited.

  • Learn techniques for responding to audit questionnaires and inquiries

Hodgsonruss

Joe counsels clients on a wide range of state and local taxation issues and represents taxpayers in disputes with the New York State Department of Taxation and Finance and the New York City Department of Finance. His practice focuses on personal income tax and residency matters as well as sales and use tax issues with a focus in the technology industry (software as a service, cloud computing, digital products, etc.). Finally, He counsels clients on their abandoned property obligations. He is the Abandoned Property Audits Practice leader and has represented large corporations in complex compliance matters such as multi-state abandoned property audits and voluntary disclosures.

Handout Materials
Presentation Slides
Frequently Asked Questions
  • To receive CPE credit for the event, you must register for the webcast prior to the start of each program.
  • CPE is available to all eligible participants within 24 hours of each webinar.
  • Multiple attendees: In order to receive CPE for multiple attendees, ensure that at least one person signs up for the webinar. At the completion of the webinar a proctor form is provided. Alternatively, you may also login to your account following the webinar and click on the MY ACCOUNT button where you will find a link to the proctor letter.

Nasba

NASBA Approved

CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

CPAacademy.org 1685 S. Colorado Blvd, Suite #205, Denver, CO 80222

About Our Presenter

Hodgsonruss
At Hodgson Russ, value means giving you more. That starts with combining experienced, innovative legal representation with a sophisticated understanding of — and respect for — our clients’ businesses. As one of the nation’s oldest law firms, with roots tracing back to 1817, we’ve been providing our brand of value to clients for longer than many firms have been in existence. Isn’t it time to expect more from your law firm?