Multistate Taxation

Tuesday, July 20, 2021
Webcast or Webinar, Online
9:00 AM - 5:00 PM (opens at 8:30 AM) EST
8Credits
Technical Business

Registration is Closed

Online registration for this course is now closed. Please contact the Member Service Center at (800) 342-3197 if you wish to inquire about registering.

Members
$279.00 Regular Price
Non-Members
$339.00 Regular Price
Course Type: Webcast
Course Code: 21/AI019914
Level: Intermediate
Vendor: AICPA CPE Division
Field of Study: Taxes

Overview:

You can conquer the theoretical conundrums and compliance issues caused by the question of whether or not a business has nexus in a particular jurisdiction. Be the one to guide your client skillfully through the maze of multistate corporate tax codes. Rapidly develop a working knowledge of both multistate tax compliance and related planning opportunities. With the rate of change, you can't afford to be out-of-date with your knowledge of this critical tax area. Course materials will include the latest developments regarding the Wayfair decision.

Objectives:

When you complete this course you will be able to:

Describe the key principles of multistate taxation.

Identify the implications of establishing nexus in various taxing jurisdictions.

Analyze client operations and devise strategies that will minimize their client's overall sales and/or income tax liability.

Recognize the impact recent judicial rulings in various states on client operations.

Determine to what extent the state taxation of internet based transactions may impact current and future client activities.

Major Topics:

Constitutional limits and P.L. 86-272

Nexus, UDITPA, MTC

Calculation of state taxable income

Filing methods for multistate taxpayers

Apportionment and allocation

Multistate income tax planning

Audit defense strategies

Designed For:

Experienced tax professionals and accountants; private industry accounting and finance managers

Prerequisite:

Experience in corporate taxation