In the past 18 months, “nexus” has become a household word as state legislatures draft the most appropriate nexus rules for businesses with an economic presence in their states. Compliance with this confusing myriad of marketplace provider rules has become challenging as e-commerce retail sales sky-rocket past the $450 billion mark. And Wayfair doesn’t stop there—it impacts other taxes, too. In a straightforward and easy-to-understand manner, highly regarded state tax practitioner, Timothy P. Noonan will help you address state tax issues and challenges created by this landmark decision and its subsequent “fallout.” Mr. Noonan, author of the "Noonan's Notes" in Tax Analysts’ Tax Notes State and a frequent contributor to CCH CPE Link Webinars, will help you answer Wayfair compliance questions and analyze your business operations and infrastructure appropriately.
Publication Date: May 2020
Designed For
Tax and accounting staff responsible for state tax compliance and planning; business owners, CPAs, EAs, tax attorneys and other business and financial advisors working with business clients on state tax compliance and planning
Topics Covered
- Wayfair Analysis and Fallout
- Compliance Discussion and Suggestions
- New Marketplace Provider Rules
- Impact of Wayfair on Other Taxes
Learning Objectives
- Recognize a practical understanding of the key unique state tax issues pursuant to Wayfair
- Describe compliance discussion and apply suggestions
- Recognize new marketplace provider rules
- Describe the impact of Wayfair on other taxes
- Describe the South Dakota v. Wayfair case
- Recognize how the Multi-State Tax Commission (MTC) applies
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
Instructor
Timothy Noonan
Tim focuses his practice in the state and local tax area. His work primarily involves New York State and New York City tax litigation and controversy. Over the past 20 years, he has handled more than 1,500 personal income tax, sales tax, corporate tax, or other New York tax audits. Tim also has handled about 100 cases in New York’s Division of Tax Appeals.
Tim leads the firm’s Tax Residency Practice and he is one of the leading practitioners in this area of the law. He has handled some of the most high-profile residency cases in New York over the past decade, including a 2014 win in the Gaied case, one of the first New York residency cases to ever reach New York’s highest court. Tim also co-authored the 2018 edition of the CCH Residency and Allocation Audit Handbook and Contesting New York State Tax Assessments (Fourth Edition), published by the New York State Bar Association, and he authored the New York Tax Litigation chapter in Thomson Reuters’ Commercial Litigation in New York State Courts treatise. He is often quoted by media outlets, including The Wall Street Journal, The New York Times and Forbes, on residency and other state tax issues.
Tim also has handled a significant number of residency and sales tax issues in other states, including work with many national and international clients on multistate compliance or voluntary disclosures. He has also appeared before the Connecticut Supreme Court and the Michigan Court of Appeals in litigated matters and is admitted to practice law in Connecticut.