Exploring Client Advisory Services - Where do I Need to File?
OL1469 | On Demand Course | Update | Self-Study
Description
Multistate taxation is a moving target. Ever since the Wayfair decision, states have become increasingly aggressive in pursuing online and out of state sellers to collect sales and income taxes. However, how do you know where you need to file? Even though every state is different, are there any rules of thumb? In this course, we will explore general rules for nexus of sales tax and income tax purposes. We will talk about what is true in many states and some of the key things to look for when you go to the state statutes. If you are just starting as a practitioner or have made the leap to go into business for yourself, this will give you the foundation you need to get off to a great start!
Credits
| Number of Credits | Type of Credits |
|---|---|
| 1.00 | Taxes |
Designed For
Tax practitioners who work with business owners on multistate tax issues and business owners operating in multiple states.
Objectives
- State what the term nexus means and how it differs for sales tax and income tax reporting obligations.
- Recognize economic nexus and when it applies.
- Identify when a company has to file an income tax return or sales tax return.
Prices
- Member (Early Bird)
- $59.00
- Non-Member (Early Bird)
- $99.00
- Member
- $59.00
- Non-Member
- $99.00
Instructors
David Peters
David Peters is the founder and owner of Peters Tax Preparation & Consulting in Richmond, VA, as well as a financial advisor for Peters Financial, LLC. He has over 15 years of experience in financial services, including three years in the hedge fund industry and six years in the insurance industry.
David was the first-ever Chief Financial Officer at Compare.com – a position he held for over three years. He is a national CPE instructor/discussion leader for the AICPA, Kaplan, and Surgent, and he was a recipient of Surgent's Outstanding Discussion Leader award for 2019. He regularly teaches courses in accounting, finance, insurance, financial planning, and ethics throughout the United States. He is the advisor for business and industry topics for the South Carolina Association of CPAs and was a recipient of The American College of Financial Services' 2019 NextGen Financial Services Professional Award.
He holds four master's degrees and is currently pursuing his Ph.D. in financial planning. He contributes regularly to various CPA publications, including NCACPA's Interim Report, SCACPA's CPA Report, and VSCPA's Disclosures. He was also a co-author of the 2018, 2019, and 2020 versions of the Virginia CPA Ethics course – a required course for all CPAs licensed in the Commonwealth of Virginia. Registered Representative offering securities through Cetera Advisor Networks LLC, member FINRA/SIPC. Advisory services offered through Carroll Financial Associates, Inc., a Registered Investment Adviser. Carroll Financial and Cetera Advisor Networks, LLC are under separate ownership and are not affiliated with any other named entity.
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