Nexus - VIRTUAL
2.00 Credits
Member Price $90
Non-Member Price $140
Overview
Lecture presentation plus accompany power point slides. State income and sales tax have a direct impact upon federal income tax and itemized deductions. This course examines how states utilize federal guidelines to impose local tax.
Prerequisites
1 year tax preparation experience
Designed For
CPAs working in Tax
Objectives
The objective of this course is for the student to understand and apply nexus rules for determining when state sales tax and state income tax applies to their clients. It includes explanation of the tax effects Wayfair Supreme Court case, the Multistate Tax Commission guidelines of 2021 and nexus rules in general. We also provide a current chart as of publication date of state-by-state nexus requirements for sales tax.
Preparation
None
Leader(s):
Leader Bios
Bob Jennings, Owner, TaxSpeaker
Bob Jennings, CPA, EA, CFP®, is a nationally renowned author and speaker, presenting continuing education classes to over 100,000 tax professionals over the last 20 years all over the world. Jennings is a licensed CPA (Indiana) and an IRS Enrolled Agent. He is also a prolific author and has published over 60 professional articles in such magazines as the Journal of Accountancy as well as many other professional and consumer publications. Jennings annually authors several tax, accounting and technology manuals and is a regular columnist for FoxBusiness.com. As the founder of his own regional CPA firm in 1984, Jennings has dealt exclusively with individual and small business financial issues for over 30 years. Jennings appears regularly in the media and has been quoted extensively by numerous publications. He has recorded an extensive number of information videos, DVD’s and instructional clips available on his website at TaxSpeaker.com.
Non-Member Price $140
Member Price $90