Florida Sales & Use Tax Updates, Hot Topics, & Fighting Assessments

Overview

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This course can act as an introduction to sales and use tax for those wishing to learn but also be sophisticated enough to act as a refresher for even the most seasoned sales and use tax veteran. The course will discuss general transactions subject to sales and use tax. An update concerning statutory changes are a must to properly guide clients. It is critical for practitioners to understand the criminal and civil penalties at risk when a business collects (or does not collect) sales tax, not just for the business owner but also against the practitioner.

This course also provides attendees with a timeline of what happens during (and after) a Florida sales and use tax audit. The course will cover significant milestones to ensure the client's rights are adequately protected. The attendee will learn when (and how) to formally disagree with the audit findings, as doing so at the wrong time can cause the client to lose any chance at an appeal. Furthermore, the course discusses what occurs during an informal audit protest as well as a formal audit protest.

Highlights

• Sales/Use tax statutory changes
• Sales/Use tax taxable transactions
• Types of audits
• Fighting assessments

Prerequisites

None

Designed For

This course is designed for anyone needing or wanting to learn more about Florida sales and use tax.

Objectives

• Understand transactions subject to sales and use tax
• Learn how a business/practitioner can be criminally or civilly liable
• Know the weapons and types of audits the Department of Revenue uses
• Consider statutory updates
• Understand the types of taxable transactions auditors review
• Consider the types of audits
• Learn of the timelines/extensions for a sales and use tax audit
• Identify deadlines for appealing an assessment

Preparation

None