Advanced Sales and Use Tax Workshop

Managing Sales Tax Exposures – Amnesty, VDAs, and Settlements
If you uncover that your company has sales tax exposure through a nexus analysis or a self-audit, what is your next step? You certainly don’t want this information to be found in an audit! Discover how to come forward and get compliant in the most financially beneficial way for your company by learning about the differences between amnesty programs, voluntary disclosure agreements, and settlements. You’ll learn how to choose the option best for your company as well as tried and true negotiation tactics to modify standard agreements and get your desired outcome. We’ll also discuss how you can address exposure if you are already registered or as part of an audit.

Breaking Down Local Taxes: Compliance & Audit Challenges
When you do business in a state, you must understand the full tax landscape. This includes knowing all the localities – counties, cities, special purposes districts, etc. – where you must collect tax as well as the type of tax you must collect. Does the Wayfair decision apply to localities? What do the locals need to do in order to pass the test that it isn’t an undue burden on remote sellers? This session will unpack the myriad of taxes that can apply at the local level based on your industry (meals, occupancy, entertainment, and streaming taxes), compliance challenges of dealing with home rule states, and taxability issues to watch out for. You’ll also learn about the latest trends in audits as localities fight to get their fair share of tax revenue.

Tax Process Automation using RPA and AI
Implementing a tax engine is just the beginning of your journey with tax process improvement and automation for the sales tax function. Robotic Process Automation (RPA) and Artificial Intelligence (AI) can deliver immense value by automating critical processes that take the mundane, routine, and “urgent” demands off your plate so you can focus on what’s really important. Explore applications of RPA and AI to the tax function – from exemption certificate management to product mapping to help desk functions and beyond. We’ll also talk about some of the tools available to empower you with this burgeoning tech.

Impact of Remote Employees on Sales Tax
Physical presence as a nexus-creating activity hasn’t gone away. Companies must keep track of where their employees, both temporary and permanent, are located to understand their tax collection responsibilities. Are there exceptions for temporary locations due to the pandemic? If so, how long will it last and does it actually apply to sales/use tax nexus? Especially with the remote employee movement growing, your company needs to stay on top of potential tax consequences from the effect on your registration types to the tax rate you need to collect to the returns you need to file. This session will explore the sales tax and other tax implications of remote employees so you can avoid potential headaches down the road.

Resale Exemptions: Can these Apply to non TPP Sales?
The only consistent exemption across all states is the resale exemption. For manufacturers and retailers, this is usually pretty easy to figure out. But can these apply to sales of services? What about purchases of tangible items that are provided with a taxable service? The ability to claim a resale exemption on purchases can result in some serious cost savings. The challenge is that depending on the type of product or service you sell, it can be difficult to determine whether your inputs qualify for the exemption. This session will cover the types of situations and purchases for which you can claim a resale exemption. We’ll dive into the implications for giveaways, complimentary items, taxable services, business services, and beyond so you are more confident in claiming resale exemptions for your business activities.

Digital Goods and Streaming Content – What Taxes Apply?
2020 caused an explosion of new virtual delivery methods for everything from our workouts to concerts to education. Now, more than ever, it’s critical to understand how states (and localities!) define digital goods and streaming content for tax purposes as they attempt to fit new virtual delivery methods into existing definitions. This session will dig into the definitions of digital goods and streaming content, the different taxes that may apply, and how to look for exclusions and exemptions so you are prepared no matter if you are on the buyer or seller side of these transactions.

Manufacturing

Leasing

Healthcare

Hospitality