Select a Webcast

July 20, 2018
11:00AM - 1:00PM ET

$79

Webcast
2
Basic
Taxes
None

Course Description

Sales tax? Use tax? What's the difference? Must I charge tax on my internet sales? Will I owe taxes in more than one state for the same sale? Why is my drop shipper charging me tax? This course will help you answer these questions and more by covering sales and use tax. Topics covered include taxable and non-taxable sales, internet sales, and freight charges.



Instructor



Course Specifics

Taxes
Sep 21, 2017
None
WC18176358
None


Compliance Information

103220
IRS Provider #: OMYXB
IRS Course ID: 0MYXB-T-01249-17-O
IRS Federal Tax Law Credits: 2
CTEC Provider #: 2071
CTEC Course ID: 2071-CE-1197
CTEC Federal Tax Law Credits: 2
Qualifies for CA Fraud: No


Learning Objectives

Upon successful completion of this course, participants will be able to:

  • Identify the difference between sales and use taxes
  • Cite the difference between taxable and non-taxable sales of both goods and services
  • Identify how to minimize the tax basis of your sales activities (the states are inconsistent)
  • Determine when you must tax your internet sales
  • Identify how to establish procedures to properly account for, accrue, and report tax on untaxed purchases
  • Cite ways to minimize tax on freight charges
  • Cite the limited protection provided by exemption certificates


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