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The Essential Multistate Tax Update

When
Dec. 6
8:00 - 11:30 a.m.

Where
Pennsylvania Institute of CPAs
Philadelphia - Map it

CPE Credits
4-Tax

Details

 Pricing

PICPA Member: $139 | Nonmember: $189

CLE Credit Add-On: $25


 More Information

Course No.
766501
Level
Update
Prerequisites
Experience in corporate taxation
Note

Park for free!
Enjoy free parking at the Sonesta Philadelphia Downtown at 1800 Market St., which is located directly across the street from the PICPA. Show us your parking voucher when you check-in, and we'll give you a free parking pass. Offer expires Dec. 31, 2019

This class will focus on issues of small and middle-market companies, and offer guidance for minimizing tax liability and navigating compliance.

Description

This course ia also available as a webcast.

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

Highlights

  • Employees working in multiple states: withholding issues (when to start and where to withhold) and special issues depending on type of tax assessed in the state or locality
  • 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 the Tax Cuts and Jobs Act by the states: presence of intangible property; is P.L. 86-272 still valid?
  • Pass-through problems: nexus issues for interest owners
  • Treatment of the 199A deduction for pass-through entities by states
  • Practical considerations in dealing with multistate taxation: dealing with state nexus questionnaires
  • When to consider voluntary compliance: responsibilities of officers, members, partners, and shareholders; planning ideas and opportunities; updates on pending federal legislation relative to state tax


Speaker(s)

Dennis Riley, CPA, MBA

Dennis Riley has more than 25 years of experience in accounting, consulting, tax preparation, and government representation. He specializes in the tax and business needs of individuals, families, and entrepreneurial small businesses. The Vision Project identified him as an early adopter of new technology and new integrations of accounting and consulting information. He is a frequent lecturer on topics related to taxation and closely-held businesses.

Riley’s experience includes a range of services including negotiations with federal and state government tax authorities, offers in compromise, closing agreements, strategic business plans, litigation support, record reconstruction, business formation and dissolution, problem solving, and tax preparation. He has resolved multiple-year filing issues, organization issues, and business transition problems.


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