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Friday, November 1, 2024 Live Webcast

Multistate Income Tax Issues (E2411362)

9:00 AM - 12:30 PM EDT

Registration: 8:30 AM EDT

webcast

Vendor Platform

4 CPE Credits in TX

OVERVIEW

With the largest overhaul of the federal income tax code in 30 years and the repeal of the physical presence nexus standards for sales tax in the Wayfair case, the states are working fast and furious to overhaul their tax laws. As some states scramble to fund their budgets, they continue to look for additional forms of revenue. Plan to attend this fast-paced class that covers developing topics in the area of nexus. Learn how nexus requirements have changed and where the state laws may be heading in the future.

This course features a live instructor and has been specifically designed for the NJCPA.

DESIGNED FOR

Accountants who want an update on current multistate tax issues to minimize clients’ potential state and local tax liability

BENEFITS

  • Identify changes in state statutes, regulations and case law
  • Determine how the states will treat changes under the Tax Cuts and Jobs Act
  • Recognize areas that may require additional attention for state tax planning purposes
  • Recall areas that may be costly for employers or clients
  • Recognize the “who, what, when, and where” of nexus for income and sales tax

HIGHLIGHTS

  • Emerging sales tax topics: Elimination of the physical presence standard in determining nexus (Wayfair case); economic nexus for remote sellers; assisting remote sellers in determining a plan of action in states that enforce economic nexus
  • Emerging compliance issues in the new sales tax economy
  • Income Tax (and other forms of tax): Economic nexus (taxation without physical presence)
  • Will states shift away from income tax and increase reliance on sales tax after Wayfair?
  • Treatment of Tax Cuts and Jobs Act by the states: presence of intangible property; is P.L. 86-272 still valid?
  • When to consider voluntary compliance even though the laws do not dictate a sales tax responsibility

COURSE LEVEL

Intermediate

PREREQUISITES

Experience in corporate taxation

INSTRUCTOR

David Peters

David R. Peters, CPE, CFP, CLU, CPCU, MST, M.B.A.

David Peters is the founder and owner of Peters Tax Preparation & Consulting in Richmond, VA, as well as a financial advisor for Peters Financial, LLC. He has over 15 years of experience in financial services, including three years in the hedge fund industry and six years in the insurance industry. David was the first-ever Chief Financial Officer at Compare.com – a position he held for over three years. He is a national CPE instructor/discussion leader for the AICPA, Kaplan, and Surgent, and he was a recipient of Surgent’s Outstanding Discussion Leader award for 2019. He regularly teaches courses in accounting, finance, insurance, financial planning, and ethics throughout the United States. He is the advisor for business and industry topics for the South Carolina Association of CPAs and was a recipient of The American College of Financial Services’ 2019 NextGen Financial Services Professional Award. He holds four master’s degrees and is currently pursuing his Ph.D. in financial planning. He contributes regularly to various CPA publications, including NCACPA’s Interim Report, SCACPA’s CPA Report, and VSCPA’s Disclosures. He was also a co-author of the 2018, 2019, and 2020 versions of the Virginia CPA Ethics course – a required course for all CPAs licensed in the Commonwealth of Virginia. Registered Representative offering securities through Cetera Advisor Networks LLC, member FINRA/SIPC. Advisory services offered through Carroll Financial Associates, Inc., a Registered Investment Adviser. Carroll Financial and Cetera Advisor Networks, LLC are under separate ownership and are not affiliated with any other named entity.

PRICING

$199.00 - Member

$274.00 - Nonmember

Register Today


Note: Online pre-registration will close on November 1 at 8:30 AM.

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ALSO AVAILABLE

COURSE DEVELOPER

Surgent