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

Date: Wednesday, October 28, 2020
Instructor: Joseph N. Endres, Daniel P. Kelly
Begin Time:  7:00am Pacific Time
8:00am Mountain Time
9:00am Central Time
10:00am Eastern Time
CPE Credit:  2 hours for CPAs

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

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