IRS Form 1099, 1099-NEC, and Form 1099-MISC: Advanced Issues and Updates

Multistate Nexus Standards and the Effects of the South Dakota v. Wayfair Decision (OnDemand Webinar)

$199.00

SKU: 409093EAU

Description

Learn about the taxing structures as well as how each different structure triggers nexus and the effects of South Dakota v. Wayfair.As we approach the last quarter of 2020, the trend of states continuing to pursue aggressive apportionment policies will continue. This trend indicates that more than 40 states will now apply some form of an economic presence test for income and franchise tax purposes by the end of 2020 and with the U.S. Supreme Court’s ruling in South Dakota v. Wayfair. Inc., economic nexus can now be applied in determining whether a company has created a sales tax filing obligation. Learn about the range of approaches that different states take to tax corporations and issues to consider if a business expands into additional states. Learn about the taxing structures and how each different structure triggers nexus. On June 21, 2018, the Supreme Court of the United States ruled in favor of the State of South Dakota v. Wayfair Inc. This decision allows states to tax remote sales. What does it mean for outofstate sellers? Gain insight with this indepth presentation with discussion regarding the U.S. Supreme Court’s decision in South Dakota v. Wayfair, Inc.

Date: 2021-06-01 Start Time: End Time:

Learning Objectives

Learn the Differences Between Nexus for:
• Net Income Tax States (Remember Public Law 86-272 Is Still Alive and Well)
• Non-Net Income Tax States
• Factor-Based Nexus Standards
• Economic-Based Nexus Standards

Clarifying the Confusion Surrounding South Dakota v. Wayfair, Inc.
• How or Will This Decision Affect More Than Just Sales Tax Nexus?
• What Does Economic Nexus Mean for Sales Tax?
• Does Having a Physical Presence in a State Still Matter?
• Is Traditional Nexus for Sales Tax Still Alive and Well?
• Do We Need to Begin Filing in the 45 States That Have a Sales Taxing System?
• Do We Need to Begin Filing in the States That Follow Wayfair, Inc.?
• Does the Wayfair Court Case Relate to Internet Sellers Only?

CPE ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Inez M. Mello, M.B.A.-Independent Contractor

IRS Form 1099, 1099-NEC, and Form 1099-MISC: Advanced Issues and Updates

Multistate Nexus Standards and the Effects of the South Dakota v. Wayfair Decision (OnDemand Webinar)

$199.00

SKU: 408101EAU

Description

Learn about the taxing structures as well as how each different structure triggers nexus and the effects of South Dakota versus Wayfair.As we approach the last quarter of 2020, the trend of states continuing to pursue aggressive apportionment policies will continue. This trend indicates that more than 40 states will now apply some form of an economic presence test for income and franchise tax purposes by the end of 2020 and with the U.S. Supreme Court’s ruling in South Dakota v. Wayfair. Inc., economic nexus can now be applied in determining whether a company has created a sales tax filing obligation. Learn about the range of approaches that different states take to tax corporations and issues to consider if a business expands into additional states. Learn about the taxing structures and how each different structure triggers nexus. On June 21, 2018, the Supreme Court of the United States ruled in favor of the State of South Dakota v. Wayfair Inc. This decision allows states to tax remote sales. What does it mean for outofstate sellers? Gain insight with this indepth presentation with discussion regarding the U.S. Supreme Court’s decision in South Dakota v. Wayfair, Inc.

Date: 2021-01-14 Start Time: End Time:

Learning Objectives

Learn the Differences Between Nexus for:
• Net Income Tax States (Remember Public Law 86-272 Is Still Alive and Well!)
• Non-Net Income Tax States
• Factor-Based Nexus Standards
• Economic • Based Nexus Standards

Clarifying the Confusion Surrounding South Dakota v. Wayfair, Inc.
• How or Will This Decision Affect More Than Just Sales Tax Nexus?
• What Does Economic Nexus Mean for Sales Tax?
• Does Having a Physical Presence in a State Still Matter?
• Is Traditional Nexus for Sales Tax Still Alive and Well?
• Do We Need to Begin Filing in the 45 States That Have a Sales Taxing System?
• Do We Need to Begin Filing in the States That Follow Wayfair, Inc.?
• Does the Wayfair Court Case Relate to Internet Sellers Only?

CLE (Please check the Detailed Credit Information page for states that have already been approved) ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information.

Inez M. Mello, M.B.A.-Independent Contractor