The Essential Multistate Tax Update

Overview

With the largest overhaul of the Federal Income Tax Code in 30 years and the repeal of the physical presence nexus standards for sales tax in the Wayfair case, the states are working fast and furious to overhaul their tax laws. As some states scramble to fund their budgets, they continue to look for additional forms of revenue. 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.

Learning Objectives:

• Understand changes in state statutes, regulations and case law.
• Determine how the states will treat changes under the Tax Cuts and Jobs Act.
• Identify areas that may require additional attention for state tax planning purposes.
• Identify areas that may be costly for employers or clients.
• Understand the "who, what, when, and where" of nexus for income and sales tax.