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Seminar scheduled for
Wednesday, Oct. 20th, 2021
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Economic NEXUS vs. Sales Tax NEXUS |
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Did you know....
....that more than 40 states will now apply some form of an economic presence test for income tax purposes by the end of 2021?
....that 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 and/or income tax filing obligation.
Remember, economic nexus is solely based on a business having sales or otherwise deriving an economic benefit from activities within their borders, regardless of a physical presence. “You are purposefully directing business towards my state, regardless of whether you have a physical presence or not”.
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.
Learn the differences between nexus for:
- Net Income Tax States (remember Public Law 86-272)
- Non-net Income Tax States
- Factor-based Nexus Standards
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Economic–based Nexus Standards
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Join us on Wednesday, October 20th and....
be better prepared to answer AND ask the tough questions like:
- What does it mean for out-of-state sellers?
- 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 for sales tax?
- Is the 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?
- When to recommend to a client to file income/sales tax in that state?
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DATE: Wednesday, Oct. 20th, 2021
TIME: 8:00 AM - 12:00 PM
TOPICS: Business Ethics & NEXUS for Income Tax & Sales Tax
This will be an in-person seminar focusing on NEXUS issues with Sales Tax and Income Tax. “When does your client cross the line” and what is your responsibility as a tax professional.
Business Ethics covers the Code of Professional Conduct, the ethical dilemmas of tax professions and CPAs in the industry, as well as Rhode Island specific information. We’re providing an additional two (2) hours of ethics this year since last year none were provided. This provides four (4) hours over a two-year period.
SPEAKERS:
CPE CREDITS: 4 CREDIT HOURS
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(2 hours | 2 CPEs) Business Ethics
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(2 hours | 2 CPEs) Taxation
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Complete the Registration Form & submit with your payment made payable to RIAPA
Mail/Email to:
100 Metro Center Blvd.
Warwick, RI 02886
by no later than
Friday, Oct. 15, 2021
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NEW feature!
You can now register online.
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The registration form to the right and the downloadable form is a fillable PDF form.
You can fill it out and email it to Sally if you're planning on mailing a check by Friday, Oct. 15th.
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Thank you to everyone who attended our last seminar on Wednesday, Oct. 6th.
If you haven't already, please take a moment to complete the short survey. Your feedback will help us cater our seminars to meet everyone's interest and needs. It'll also help up maintain our Continued Education Provider requirement with the IRS.
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DATE: Wednesday, Nov. 17th, 2021
TIME: 8:00 AM - 12:00 PM
TOPICS: Federal Tax Updates
This will be an in-person seminar focusing on 2021 Federal Tax updates including American Rescue Plan Act in detail, as well as other major changes impacting the upcoming 2022 filing season.
SPEAKERS:
CPE CREDITS: 4 CREDIT HOURS
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(4 hours | 4 CPEs) Taxation
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DATES: TBD
TOPICS: 2021 Gear Up
This 2 day GEAR Up seminar will be an in-person seminar to offer you a high-quality seminars with national speakers. We’ll dive in to discuss, in depth, the major changes impacting the upcoming 2022 filing season so you can stay ahead of the curve and be well informed. Lunch provided.
SPEAKERS:
CPE CREDITS: 16 CREDIT HOURS
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(16 hours | 16 CPEs) Taxation
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Committed in maintaining a high standard of proficiency & integrity in the professional practice of public accountancy. |
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Rhode Island Association of
Public Accountants
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