BarbriSFCourseDetails

Course Details

This webinar will provide a brief introduction to trends in state and local taxation. Our panel of SALT experts will review the latest changes made by states to the landscape of taxation, including states' interpretations of Public Law 86-272, economic nexus, and changes to revenue sourcing.

Faculty

Description

With 50 states and D.C., staying abreast of the rapidly changing tax rules affecting state income tax is challenging. Even when states adopt the same tax framework, each state's interpretation of its application is different.

Some states conform with the IRS treatment while others adopt the changes as of a specific date, and still other states decouple from the federal treatment.

Listen as our panel of state and local tax experts discusses the most recent changes in SALT, and how to address these, for state and local tax advisers working with multistate businesses.

Outline

  1. Changing state tax landscape
  2. Impact of Wayfair on nexus and new state tax laws
  3. Trends in state income tax
    1. Economic nexus
    2. Public Law 86-272
    3. Federal conformity/disconformity
    4. Apportionment trends

Benefits

The panel will cover these and other critical issues:

  • Varying interpretations of market-based sourcing provisions by state
  • Why a state-by-state analysis is needed to properly source revenue
  • How certain states interpret PL 86-272
  • Apportionment trends

NASBA Details

Learning Objectives

After completing this course, you will be able to:

  • Identify specific trends in the taxation of state income
  • Determine best practices to stay abreast of constantly changing SALT rules
  • Decide which states tax SaaS
  • Ascertain which states have adopted PTE taxation regimes

  • Field of Study: Taxes
  • Level of Knowledge: Intermediate
  • Advance Preparation: None
  • Teaching Method: Seminar/Lecture
  • Delivery Method: Group-Internet (via computer)
  • Attendance Monitoring Method: Attendance is monitored electronically via a participant's PIN and through a series of attendance verification prompts displayed throughout the program
  • Prerequisite: Three years+ business or public firm experience preparing complex tax forms and schedules, supervising other preparers or accountants. Specific knowledge and understanding of SALT taxation, nexus and apportionment as it applies to multi-state businesses.

Strafford Publications, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of Accountancy have final authority on the acceptance of individual courses for CPE Credits. Complaints regarding registered sponsons may be submitted to NASBA through its website: www.nasbaregistry.org.