Basics of Nexus: Understanding State Tax Issues

Date: Thursday, June 27, 2019
Instructor: Annette Nellen
Begin Time:  9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time
CPE Credit:  2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC

Determining if a business has "nexus" in a state is a significant tax question with answers that change regularly due to legislation, judicial decisions, and new ways of doing business. The ease of being a multistate company in today's e-commerce environment means more businesses face this question. As states search for tax revenues, state legislatures and tax agencies are earnestly looking for ways to find that a business has income and/or sales tax obligations in the state. This webinar explains the legal basics of income and sales tax nexus, state actions to broaden their nexus reach and the importance of the U.S. Supreme Court’s decision in the Wayfair case.

Who Should Attend
Practitioners seeking an understanding of income and sales tax nexus and the warning signs of when a business has tax obligations in a state.

Topics Covered

  • Definition of nexus for multistate tax purposes
  • Key case law and constitutional principles governing nexus
  • Common state actions to broaden the definition of nexus
  • The 2018 Wayfair decision and state reactions to it and the relevance to businesses

Learning Objectives

  • Define nexus for state and multistate tax purposes
  • Recognize the judicial and constitutional construct of nexus
  • Identify factors that likely cause a business to have income or sales tax nexus
  • Describe actions by states, Congress and the U.S. Supreme Court that affect nexus

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
None

Advance Preparation
None

Registration Options
Individual
Group
*Note: 3 or more qualifies for discounted Group Participant Fee
Fees
Regular Fee $100
Group Participant Fee $77

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