CONTINUING EDUCATION FOR TAX & FINANCIAL PROFESSIONALS

Sales Tax Compliance In A Post-Wayfair World

Icon_Webcast
Webcast
Icon_Level
Basic
Credits
CPE Credits
1 Credits: Taxes

Course Description

The Supreme Court’s Wayfair decision changes the game with respect to sales tax compliance. Now, many states are rushing to implement laws requiring even small businesses to charge, collect, and remit sales taxes on transactions that cross state lines. As a result, sales tax compliance just became infinitely more complex and many businesses could be looking at substantial fines and penalties for not complying. In this session, you will learn about your new compliance requirements and about tools that you can use to meet these requirements.

Major Topics Covered

  • Reviewing the Wayfair decision and its impact on businesses
  • Understanding tools embedded in many accounting applications and services to facilitate sales tax compliance
  • Identifying third-party tools that are useful in multi-jurisdiction compliance efforts

Learning Objectives

Upon completing this session, you should be able to:

  • Identify key components of the Wayfair decision that impact your organization
  • List examples of tools already embedded in many accounting applications that can help you satisfy your compliance objectives and how to activate these tools
  • Name at least three tools built specifically for sales tax compliance and provide examples of how these tools can streamline compliance processes

Course Specifics

Course ID
WC18206855
Revision Date
March 23, 2020
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-01524-20-O
IRS Federal Tax Law Credits: 1
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1421
CTEC Federal Tax Law Credits: 1

Course Instructor

Thomas G. (Tommy) Stephens, Jr. Headshot
K2 Enterprises (Thomas G. (Tommy) Stephens, Jr., CPA, CITP, CGMA)

Thomas (Tommy) G. Stephens, Jr., CPA, CITP, CGMA, received a Bachelor of Science in Business Administration (Major in Accounting) from Auburn University in 1985. In 1994, Mr. Stephens opened his public accounting practice in the metropolitan Atlanta area. In his practice, Mr. Stephens provided accounting, tax, and consulting services to individuals and a wide variety of small and emerging businesses. He developed a successful consulting practice providing installation and support services of small business accounting software. Additionally, he has authored and presented continuing professional education courses to accounting and finance professionals. Mr. Stephens has lectured nationally on subjects such as …

K2 Enterprises (Thomas G. (Tommy) Stephens, Jr., CPA, CITP, CGMA) Read More »

Sales Tax Compliance In A Post-Wayfair World

CPE CREDITS
1 Credits: Taxes

$65.00

Icon_Webcast
Webcast
Icon_Level
Basic
Credits
CPE Credits
1 Credits: Taxes

Course Description

The Supreme Court’s Wayfair decision changes the game with respect to sales tax compliance. Now, many states are rushing to implement laws requiring even small businesses to charge, collect, and remit sales taxes on transactions that cross state lines. As a result, sales tax compliance just became infinitely more complex and many businesses could be looking at substantial fines and penalties for not complying. In this session, you will learn about your new compliance requirements and about tools that you can use to meet these requirements.

Major Topics Covered

  • Reviewing the Wayfair decision and its impact on businesses
  • Understanding tools embedded in many accounting applications and services to facilitate sales tax compliance
  • Identifying third-party tools that are useful in multi-jurisdiction compliance efforts

Learning Objectives

Upon completing this session, you should be able to:

  • Identify key components of the Wayfair decision that impact your organization
  • List examples of tools already embedded in many accounting applications that can help you satisfy your compliance objectives and how to activate these tools
  • Name at least three tools built specifically for sales tax compliance and provide examples of how these tools can streamline compliance processes

Course Specifics

Course ID
WC18206855
Revision Date
March 23, 2020
Advanced Preparation

None

Compliance information

NASBA Provider Number: 103220
IRS Provider Number: 0MYXB
IRS Course Number: 0MYXB-T-01524-20-O
IRS Federal Tax Law Credits: 1
CTEC Provider Number: 2071
CTEC Course Number: 2071-CE-1421
CTEC Federal Tax Law Credits: 1

Course Instructor

Thomas G. (Tommy) Stephens, Jr. Headshot
K2 Enterprises (Thomas G. (Tommy) Stephens, Jr., CPA, CITP, CGMA)

Thomas (Tommy) G. Stephens, Jr., CPA, CITP, CGMA, received a Bachelor of Science in Business Administration (Major in Accounting) from Auburn University in 1985. In 1994, Mr. Stephens opened his public accounting practice in the metropolitan Atlanta area. In his practice, Mr. Stephens provided accounting, tax, and consulting services to individuals and a wide variety of small and emerging businesses. He developed a successful consulting practice providing installation and support services of small business accounting software. Additionally, he has authored and presented continuing professional education courses to accounting and finance professionals. Mr. Stephens has lectured nationally on subjects such as …

K2 Enterprises (Thomas G. (Tommy) Stephens, Jr., CPA, CITP, CGMA) Read More »

Sales Tax Compliance In A Post-Wayfair World

CPE CREDITS
1 Credits: Taxes

$65.00