New York Sales and Use Tax Update and Hot Topics (Completed)

Much has changed over the past two and a half years with respect to sales and use tax compliance. This presentation will review the impact the Wayfair decision has had on sales and use tax compliance, and provide a review of recent NY case law, administrative rulings and enforcement initiatives.

Who Should Attend
CPAs, CFOs, Controllers, Business Owners.

Topics Covered

• Review multistate sales and use tax compliance rules and initiatives including updates on how the states are administering their economic nexus provisions
• Review of case law, advisory options, and other NYS Tax Department publications issued in the past year
• Discussion of strategies and techniques the Department is using to find taxpayers for audit
• Practical strategies for handling typical audit issues

Learning Objectives

• Identify the applicable economic nexus provisions in force in each state
• Identify the data and information the NYS Tax Department is reviewing to find audit targets so as to better help clients avoid mistakes that place them on the state's radar
• Recognize the updated sales tax rules that stem from newly-issued authority

Level
Update

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
Basic understanding of New York Sales and Use Tax

Advance Preparation
None