Sales and Use Tax Issues with Internet Sales

This tax compliance training will highlights the evolution of government’s attempts to require internet companies to collect, account for, report and remit sales tax on all of their sales. Learn best practices to minimize exposure to sales and use tax audits, penalties and interest.

Why Should You Attend:

Do you have an internet business? Do you sell products over the internet? Do you use a drop shipper to handle deliveries or do you ship to customers yourself? How many states have you registered with to do business? How many should you register with?

This course will help you:

• Learn the nexus triggers and the risks of not registering.
• Handle state nexus questionnaires with ease.
• Take the best corrective action when you discover you are out of compliance.
• Gain valuable insight into the complex issues of internet sales and the steps states are taking to ensure they receive the taxes they are due. Know when you must register in other states.
• Charge sales tax when you should, avoid it when you can.
• Get up-to-date information about the retailing giants and their fights with the various states.
• Take a ring-side seat with an expert who will share the anticipated outcomes.
• Join Miles Hutchinson, CGMA and expert in sales and use tax compliance, for a dynamic discussion of the issues of internet sales and use tax compliance.

Areas Covered in the Webinar:

• The definition of Sales and Use Tax Nexus and why it is important to your company
• Perform a SWOT analysis of your company regarding sales and use tax knowledge and risk exposure.
• Identify where you currently have nexus and learn how to register for collecting and remitting sales and use taxes there.
• Where the mega retailers stand in their fights to avoid sales and use tax on internet sales
• Learn the consequences to your business from the battles between the states and the retail giants.
• Learn the latest information about the Main Street Fairness Act, Marketplace Fairness Act, etc. - get up to date on Congress’ actions.
• How are the states organizing this fight for economic nexus en lieu of physical presence nexus?
• Learn how the streamlined sales tax group is moving Congress and “Main Street” toward a new model for sales taxation.
• Where to begin if your company is delinquent in registering, collecting and remitting other states’ sales and use taxes
• Get an overview of “Offers in compromise” or “Voluntary Disclosures” before the state finds you.

Who Will Benefit:

• Financial Officers
• Tax Mangers
• Purchasing Managers
• Risk Officers
• Internal Auditors
• Office Managers
• Staff with roles and responsibilities in purchasing, accounts payable, sales order taking, tax and accounting.