WLS04326: Multistate Tax Update (MSTU)

Description

Each year, states work quickly and furiously to overhaul their tax laws. As some states scramble to fund their budgets, they continue to look for additional forms of revenue. You can’t afford to ignore recent changes in state and local tax. Even tax-savvy businesses and their advisers often neglect to consider the consequences of state and local taxes. Multistate taxation is more complex and demanding than ever before. In addition to having their own unique tax laws, states have been more focused on enforcement. Plan to attend this fast-paced class that covers developing topics in state taxation, ranging from individuals to pass-through entities to corporate taxpayers. This class will focus on issues of small and middle-market companies and offer guidance for minimizing tax liability and negotiating the treacherous waters of compliance.

Objective

Recognize changes in state statutes, regulations, and case law Identify areas that may require additional attention for state tax planning purposes Recall areas that may be costly for employers or clients Recognize the who, what, when, and where of nexus for income and sales tax

Advanced Preparation

None

Required Knowledge

Experience in corporate taxation

Who Should Attend

Accountants who want an update on current multistate tax issues to minimize clients’ potential state and local tax liability

Credit Types

CPE – Taxes