Multistate Nexus Requirements | 4204301D

Date :
November 30, 2020 8:30 AM - 12:00 PM
Location :
Palm Springs CE Week
Facility :
Omni Rancho Las Palmas Resort
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Level of Difficulty :
Overview
Member Price :
149.00
Nonmember Price :
199.00
CPE Credits :
CPE 4.00, MCLE 3.00
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What criteria determines if a client is doing business in a state for income tax or sales tax purposes? We'll answer your questions, beginning with a discussion on statutory thresholds for income/sales tax reporting requirements and how they apply. Then delve into the concept of “economic nexus”, and how its been interpreted in various cases. An examination of the differences between sales tax and income tax nexus and the impact on your client will also be presented. Finally, we'll analyze how these concepts apply to flow through entities and sole proprietors.

 
 

Objectives:

 

• Identify transactions that could cause your client to have nexus with a state.
• Determine what the nexus thresholds are in California and other major states.
• Recognize differences between income tax and sales tax nexus requirements.
 

 
 

Major Subjects:

 

• Sales Tax Nexus requirements
• Income Tax Nexus requirements
• Nexus for flow-through entities and their owners

 
 

Advanced Prep:

 

None.

 
 

Misc. Information:

Wireless Internet access, lunch and discounted parking will be provided for this event and are included in your registration fee.

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Level of Difficulty:
Overview
Field of Interest:
Taxes
Prerequisites:
 

None.

 
 
Designed For:
 

CPAs, Attorneys, and other tax practitioners with multistate client.

 
 

Instructors

Kathleen K Wright, CPA
Kathleen K. Wright, CPA, Esq., has been practicing in the field of tax for over 40 years. She has worked in public accounting, private industry as a financial controller, and now has her own practice which specializes in client representation and expert witness assignments. She is also the director of the State and Local Tax Program at Golden Gate University, where she is a full-time professor. Wright is one of three co-authors of the CCH Expert Treatise on State and Local Tax - State Taxation of Income and Other Business Taxes. She also publishes a monthly column in State Tax Notes published by Tax Analysts. She holds a juris doctor degree, a master’s degree in business administration (in taxation), and a master of laws degree (in taxation).

Materials:

  • Materials - ebook