Recent Changes in Sales and Use Compliance and Reporting
Author: Steven D. Mercatante
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC |
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2028 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
Sales and use tax laws are complex. In addition to the thousands of taxing jurisdictions across the country, tax laws change and create additional confusion. In addition, the same products are routinely taxed differently, resulting in more challenges. You need to stay fully compliant with all tax laws, including those affecting sales and use tax. Learn how to stay fully compliant while saving your company or organization money.
In this course, industry expert and corporate tax attorney Steven D. Mercatante Esq. takes a look at some of the more common problems experienced by CPA’s, accounts payable, and tax departments related to remitting state level Sales & Use requirements.
Publication Date: March 2025
Topics Covered
- Learn whether merely having customers in a state or generating income from a state is enough to create tax obligations
- Explore recent judicial and legislative developments in State Sales and Use Law
- Get strategies to remain IRS compliant when doing business and generating revenue in different states
- Discover how to avoid fines
- Get the latest Sales and Use updates
- Discover how to spot in which states you may be most at risk
- Learn about aggressive new nexus standards for multistate sellers
- Become familiar with sales and use tax rules for electronic commerce
Learning Objectives
- Explain whether merely having customers in a state or generating income from a state is enough to create tax obligations
- Identify the latest Sales and Use updates
- Explain how to spot in which states you may be most at risk
- Identify aggressive new nexus standards for multistate sellers
- Identify the reason Washington D.C. has left the combined federal/state filing program
Level
Intermediate
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
Basic Understanding of Sales & Use Compliance
Advance Preparation
None
