Now that the South Dakota v. Wayfair Supreme Court decision is the law of the land, understanding all the compliance implications must be top of mind for businesses selling goods or services into states where they do not have a physical presence. With only three states yet to enact economic nexus statutes for sales/use taxes, manually keeping track of every sales and use tax rate in the country and monitoring the taxability of items purchased and sold is no longer a viable approach. This session will bring you up-to-date on the latest rules and discuss the various tax automation strategies and tools designed to address the challenges faced by each unique company across multiple industries and geographic areas.

Learning Objectives

• Define the latest state rules resulting from Wayfair including marketplace facilitator laws.
• Identify how companies can deploy systems that track how products and services are taxed in all the states in which they are sold; and reduce each company’s operating costs by increasing efficiencies and reducing tax audit risk.
• Apply tax automation strategies that focus on automating the sales and use tax process from determining taxability to compliance reporting and exemption certificate management.

Presenters

Scott Smith, BDO National Technical Practice Leader, State and Local Tax

Ilya Lipin, BDO Managing Director, State and Local Tax

Gregory Rosser, BDO Managing Director, State and Local Tax

Meredith Sharpe, BDO Manager, State and Local Tax

Credits 

Tax: 1 hr

Register

This webinar is presented by BDO USA. As an independent member of the BDO Alliance USA, Kruggel Lawton is able to offer this program free of charge to "KLients" and friends of the firm. To register, click the "Register" button below to be sent to BDO's event page. Next, click the RED "REGISTER" button on that page and enter your contact information into the form.

IMPORTANT: Please make sure you check the box next to "Are you a client of an independent member of the BDO Alliance USA?"