Stay in Compliance With Gross Receipts Tax Regulations
Handling the gross receipts tax is rarely simple with its multiple levels of taxation. You need to stay abreast of new ways businesses can control the amount of taxes they pay, while keeping up to date with changing legislation. This seminar will provide you with an overview of the gross receipts tax, relevant issues and tax strategies. Register today!
Avoid penalties for non-compliance by following registration, permit and reporting requirements.
Minimize tax exposure by staying current with regulatory changes.
Claim key exemptions: don't miss any important details that can save your clients money.
Find out if your client is overpaying taxes on interstate transactions, and how to reclaim the money.
Build your industry-specific knowledge so you can tailor your advice to a diversified client base.
Help clients reclaim lost profits from excessive taxation with detailed knowledge of the process.
Let our distinguished faculty be your guide: get answers to your tough questions to expand your knowledge.
OVERVIEW OF GROSS RECEIPTS AND COMPENSATING TAX ACT 9:00 - 9:45, Richard L. Anklam, Robert J. Desiderio and Benjamin C. Roybal
Imposition of Gross Receipts Tax
Definition of Gross Receipts
GROSS RECEIPTS AND COMPENSATING TAXATION OF MANUFACTURER'S OVERVIEW 10:00 - 11:00, Richard L. Anklam, Robert J. Desiderio and Benjamin C. Roybal
Double Tax Potential; Overview of Statutory Scheme
Subcontracted (Manufacturing) Services
Sales of Manufactured Products by Manufacturer
Sale for Resale
GROSS RECEIPTS TAXATION OF SERVICES-OUTLINE AND ANALYSIS OF RELEVANT STATUTES AND REGULATIONS 11:00 - 12:00, Richard L. Anklam, Robert J. Desiderio and Benjamin C. Roybal
General Rules for Gross Receipts Taxation of Services
Services Performed in New Mexico
Services Performed Outside New Mexico
Sales of Service for Resale
GOOD FAITH ACCEPTANCE OF NON TAXABLE TRANSACTION CERTIFICATES 1:00 - 1:30, Richard L. Anklam, Robert J. Desiderio and Benjamin C. Roybal
GROSS RECEIPTS AND COMPENSATING TAXATION OF CONSTRUCTION SERVICES 1:30 - 2:45, Richard L. Anklam, Robert J. Desiderio and Benjamin C. Roybal
Taxation of Construction Services: Prime Contractors
Taxation of Construction Materials Suppliers
Taxation of Subcontractors
Sale of Service for Resale
GROSS RECEIPTS SELECTED HEALTH CARE SERVICES 3:00 - 4:00, Richard L. Anklam, Robert J. Desiderio and Benjamin C. Roybal
Health Care Service Provided to Medicare Beneficiaries
Sales of Commercial Contract Services and Medicare Part C Services
TAX DISPUTES 4:00 - 4:30, Richard L. Anklam, Robert J. Desiderio and Benjamin C. Roybal