2022 - Introduction to Sales and Use Tax Compliance

Learn the difference between sales and use taxes
Distinguish between taxable and non-taxable sales of both goods and services
Minimize the tax basis of your sales activities (the states are inconsistent)
Determine when you must tax your internet sales
Establish procedures to properly account for, accrue and report tax on untaxed purchases
Minimize tax on freight charges
Understand the limited protection provided by exemption certificates (they do not indemnify you from liability)
Identify the nexus triggers that could require you to register and pay taxes in states other than your home state
Be proactive when you haven’t registered as required and avoid the penalties
Take advantage of best practices in managing sales and use tax compliance
Identify the key policies and procedures your company should have in place to help with tax audits
Learn about amnesty programs and how to take advantage of them
Receive a list of valuable resources to help you learn the different requirements of individual states for exemption specific transactions