Advanced Sales And Use Tax In Illinois, Indiana And Kentucky Seminar training classes conferences & workshops presented by Lorman Education Seminars register for training on FindaSeminar.com

 Seminar / Training class dates & locations

print the agenda

Training Course Syllabus:

This seminar is designed for accountants, controllers, tax managers, CFOs, CEOs, purchasing professionals and enrolled agents.

The purpose of this seminar is to provide an understanding of sales/use tax regulations. Errors in collecting, paying, or reporting tax can result in substantial liabilities, penalties and interest. All businesses can be vulnerable to multi-state sales/tax issues.

This program will include an overview of the following topics:

• Exemptions And Their Applications To Specific Industries

• Determining Activities That Constitute Nexus And Viable Resolutions

• Sales/Use Tax Savings Strategies

• Legislation Update And Case Law

8:30 a.m. - 8:45 a.m.

I. Overview Of Sales/Use Tax

A. Tangible Personal Property

B. Statute Of Limitations

8:45 a.m. - 9:00 a.m.

II. General Exemptions

A. Services

B. Exempt Organizations

C. Sales For Resale

9:00 a.m. - 12:00 p.m. (Break 10:30 a.m. - 10:40 a.m.)

III. Manufacturing Sales Tax Exemptions

A. Machinery And Equipment

B. Production Related Items

C. Shipping And Packaging

D. Repair Parts

E. Raw Materials

12:00 p.m. - 1:00 p.m.

Lunch (On Your Own)

1:00 p.m. - 2:15 p.m.

IV. Application Of Sales/Use Tax To Contractors

A. Materials

B. Improvements To Realty

C. Tools And Equipment

D. Contracts

E. Pass Through Exemptions

2:15 p.m. - 3:00 p.m.

V. Nexus

A. Definition

B. Activities That Constitute Nexus

C. Voluntary Disclosure

D. Penalties

E. Streamlined Sales Tax Project

3:00 p.m. - 3:10 p.m.

Break

3:10 p.m. - 4:00 p.m.

VI. Effective Tax Rates

A. Direct Pay Permits

B. Statistical Sampling

C. Benefits

D. Implementation

4:00 p.m. - 4:30 p.m.

VII. Current Legislation

A. New Tax Rates

B. Manufacturer’s Purchase Credit

C. Recent Cases

D. Regulation Changes

Seminar Summary:

The purpose of this seminar is to provide an understanding of sales/use tax regulations. (see full course description)

print this agenda

Click any title to view upcoming Lorman Education Seminars training event dates and locations, class syllabus and other seminar details

•  ACCOUNTING
  • 2015 Guidance on Accounting Method Changes OnDemand Training
  • Current Issues in Cost Segregation
  • New Mexico Gross Receipts and Compensating Taxes
  • Sales and Use Tax In Louisiana
  • Sales And Use Tax In Texas And Louisiana
  • Texas Sales And Use Tax Webinar
  • The What, When and Where of 1099's
•  ADVERTISING
  • Branding Beyond the Logo: How Brand Relates to the Bottom Line
•  BUSINESS
  • Sarbanes Oxley 404 Update: Including Social Media Requirements OnDemand
•  Compliance
  • IRS Form 1099: From the Inside Out Reporting Updates
•  CONSTRUCTION
  • Construction Estimating
  • Nuts and Bolts of Mechanics Liens, Bonds, Stop Notices and Claims: Adjusting to the New Lien Law and Getting Paid
  • Understanding The Construction Bidding Process
•  EDUCATION TRAINING
  • 8 Issues When Doing Business or Contracting With Native American Tribes Audio Conference
  • Change Orders (State Specific)
  • Collection Issues for Condominium and Homeowners' Associations Audio Conference
  • IDEA Documentation Burdens And Challenges CD-Manual
  • Lawfully Managing Student Records and Privacy - OnDemand Webinar
  • Options Under Section 504 OnDemand
•  EMPLOYMENT LAW
  • Prevailing Wage Law-An Understanding of Davis-Bacon OnDemand Webinar
  • Workplace Investigations
•  FINANCE INVESTING
  • Unclaimed Property Reporting
•  GOVERNMENT
  • What You Need to Know About Public Records and Open Meetings in Florida
•  HUMAN RESOURCES MANAGEMENT
  • 401K Plans: Beyond the Basics OnDemand Training
•  INSURANCE
  • Basic Principles of Construction Insurance Webinar
•  LAW
  • AIA Contracts: The Owner-General Contractor Agreement Audio Conference
  • Avoiding Waiver of the Attorney-Client Privilege Webinar
  • Battle of the Forms and Managing the Contracting Process Audio Conference
  • California Mechanics' Liens, Stop Payment Notices and Payment Bond Claims
  • Construction Lien Law
  • CPM in Construction Management: Preventing and Measuring Delays Audio Conference
  • Creating and Managing the Logistics of a Telecommuting Program Audio Conference
  • Enforcement of Judgments Audio Conference
  • Interaction of the Affordable Care Act with Other Laws - OnDemand Webinar
  • IRS Form 1099 Reporting What You Need to Know
  • IRS Form 5471: Information Return for U.S. Persons With Respect to Certain Foreign Corporations
  • Prevailing Wage Law
  • Sales and Use Tax Determination Headaches
  • What You Need to Know about Open Meetings Law (Brown Act) And Public Records
•  REAL ESTATE
  • Commercial Foreclosure Due Diligence Checklist: What to Do Before, During, and After Foreclosure Audio Conference