Description
Understand the elements of an endtoend state and local tax compliance program.With over 13,000 taxing jurisdictions in the United States to track, as well as the interplay between federal and SALT tax considerations, compliance in SALT requires ongoing oversight and administration. Finding the resources internally to manage SALT obligations can be a challenge for businesses, which is why so many companies get caught offguard by tax authority notices and audits that can often lead to hefty outofpocket payments for noncompliance. A strategic approach to state and local tax (SALT) can help tax advisors and their business clients navigate complex compliance issues, reduce tax liability and plan for a compliant future. In this session, Judy Vorndran and Meredith Smith explore key tax elements and nexus considerations that go into designing a comprehensive state and local tax program for businesses.
Date: 2023-11-30 Start Time: End Time:
Learning Objectives