Traditionally, sales tax only applied to the sale of goods. Our economy today has evolved, and the services sector is growing. An expanding services sector has resulted in an expanding state interest in imposing sales tax on services.
The issue is many still believe that there are no services subject to sales tax, but this simply isn’t true.
In fact, there are a variety of highly common services that states often tax. Cable television, data processing, and property remodeling are just a few examples. Plus, the taxability of your service can change just by how you’re invoicing or contracting in the eyes of the law!
If you’ve ever wondered, “Do I have to charge sales tax for this service?” get all the answers in this 90-minute webinar. You’ll learn how to determine the taxability of services, tips and tricks for invoice and contract presentation, sourcing rules for services, and more.
Who should attend?
This webinar is intended for financial and operations personnel in companies that offer services—including tax, general accounting, accounts payable, sales, tax technology, purchasing and credit—who deal with sales and use tax as part of their responsibilities. The course is also designed for general practitioners with minimal to no experience who have clients in the services industry.
Diane L. Yetter, President & Founder, YETTER and Sales Tax Institute
Diane L. Yetter is the “Sales Tax Nerd®” as well as a strategist, advisor, speaker, and author in the field of sales and use tax. She is president and founder of YETTERTM, a sales tax consulting and tax technology firm in business since 1996. She is also the founder of The Sales Tax Institute, a premier think tank that offers live and online courses to educate business professionals about sales and use tax.More About Diane L. Yetter
“It’s a service! No taxes!” Think again.
Believing that services are not taxable is one of the most pervasive sales tax myths out there.
While it’s true that many services are not taxed in many states, services subject to sales tax are much more common than you think – and it’s a growing trend.
This webinar will examine how sales tax applies to the following service categories – as well as the tax base and any unusual rules that apply:
It’s a mixed bag on how each state treats each service category. However, there are several concepts and processes within your control to understand and use as a head start in determining whether or not your services are taxed across the states.
Your taxability can be affected by how you’re drafting contracts or wording your invoices. The presentation of your work or itemization of your bills will impact how a state views something as taxable. This webinar will guide you through real life examples for contract and invoice set-up so you can apply changes as necessary.
You’ll also learn the “true object test” analysis to apply to any of your bundled services so you can discover the true intent of each of your service transactions with confidence.
Your Teaching Staff
In this 90-minute live webinar, sales tax expert Diane Yetter of the Sales Tax Institute will teach you the ins and outs of the taxation of services, including the “how” and “where” so that you know where you stand. She will cover invoice and contract language and terminology, best practices for bundling, sourcing rules, and more using real life examples and case studies so you can see how these concepts apply to your business. Diane will also share the latest state news updates and any law changes that impact service providers.
During the live Q&A portion of the webinar, you can get answers to your specific sales tax questions directly from Diane.
Webinar attendees can earn 1.5 hours of CPE credit in the “Taxes” field of study
Prerequisites: This course requires no prerequisites or advance preparation.
Program Level: Basic
Delivery Method: Group Internet-Based