{"id":5078,"date":"2020-08-07T15:18:14","date_gmt":"2020-08-07T15:18:14","guid":{"rendered":"https:\/\/sarahf10.sg-host.com\/?p=5078"},"modified":"2021-02-23T15:01:01","modified_gmt":"2021-02-23T15:01:01","slug":"expanding-state-tax-duties-for-businesses-sales-and-income-tax-navigating-new-state-compliance-challenges","status":"publish","type":"post","link":"https:\/\/taxops.com\/expanding-state-tax-duties-for-businesses-sales-and-income-tax-navigating-new-state-compliance-challenges\/","title":{"rendered":"Expanding State Tax Duties for Businesses: Sales and Income Tax, Navigating New State Compliance Challenges"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.straffordpub.com\/products\/negotiating-state-tax-settlements-voluntary-disclosure-amnesty-agreements-and-audit-strategies-2020-09-23\"><img decoding=\"async\" width=\"744\" height=\"400\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" data-src=\"https:\/\/taxops.com\/wp-content\/uploads\/2020\/08\/Expanded-State-Tax-Duties-for-Businesses.png\" alt=\"\" class=\"wp-image-5079 lazyload\" data-srcset=\"https:\/\/taxops.com\/wp-content\/uploads\/2020\/08\/Expanded-State-Tax-Duties-for-Businesses.png 744w, https:\/\/taxops.com\/wp-content\/uploads\/2020\/08\/Expanded-State-Tax-Duties-for-Businesses-480x258.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 744px, 100vw\" \/><noscript><img decoding=\"async\" width=\"744\" height=\"400\" src=\"https:\/\/taxops.com\/wp-content\/uploads\/2020\/08\/Expanded-State-Tax-Duties-for-Businesses.png\" alt=\"\" class=\"wp-image-5079 lazyload\" srcset=\"https:\/\/taxops.com\/wp-content\/uploads\/2020\/08\/Expanded-State-Tax-Duties-for-Businesses.png 744w, https:\/\/taxops.com\/wp-content\/uploads\/2020\/08\/Expanded-State-Tax-Duties-for-Businesses-480x258.png 480w\" sizes=\"(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 744px, 100vw\" \/><\/noscript><\/a><\/figure>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><em>Join Judy Vorndran and Stacey Roberts as they explore the new challenges COVID-19 creates for business taxpayers and tax practitioners in sales and income tax  in this 110-minute CPE.<\/em><\/p><\/blockquote>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>Wednesday, October 7,  @ 1:00 pm-2:50 pm EDT<\/strong><\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\">Early Registration Discount Deadline, Friday, September 11, 2020<\/p>\n\n\n\n<div style=\"height:55px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.straffordpub.com\/products\/expanded-state-tax-duties-for-businesses-sales-and-income-tax-navigating-new-state-compliance-challenges-2020-10-07\" target=\"_blank\" rel=\"noreferrer noopener\">Register<\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:55px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">In this webinar, <a href=\"https:\/\/taxops.com\/team\/judith-vorndran\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"Judy Vorndran\">Judy Vorndran<\/a> and <a href=\"https:\/\/taxops.com\/team\/stacey-roberts\/\" target=\"_blank\" rel=\"noreferrer noopener\" title=\"Stacey Roberts\">Stacey Roberts<\/a> will provide business taxpayers, tax professionals and advisers with an in-depth analysis of where we are and what&#8217;s coming in the continued expansion of state tax duties and compliance for businesses. The presenters will discuss post-<em>Wayfair<\/em>&nbsp;landscape updates and how states have opened new and broader tax pipelines. The panel will also discuss small-seller economic nexus exemptions, retroactive tax collection on out-of-state sellers, marketplace facilitator updates, home rule jurisdictions, and streamlined sales tax efforts by some states.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Description<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Evolving state tax laws and regulations have expanded the tax duties for businesses forcing them to&nbsp;<strong>shoulder growing tax bills to pay for business disruptions to the economy<\/strong>. Tax professionals must recognize how states expand, demand, and open new and broader tax pipelines to avoid any unintended tax implications for noncompliance.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The landscape of state taxation post-<em>Wayfair<\/em>&nbsp;and amid the pandemic continues to expand with&nbsp;<strong>states implementing new tax rules and regulations to get more money and replenish budgets<\/strong>&nbsp;depleted by COVID-19. Tax professionals and advisers must now identify key state tax issues involving small-seller economic nexus exemptions, marketplace facilitator updates, the continuance of the Home Rule taxes in states like AL, CO and LA, and the impact of&nbsp;<em>Wayfair<\/em>&nbsp;on income and other taxes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Also, some states (California and South Carolina) impose&nbsp;<strong>retroactive tax collection on out-of-state sellers<\/strong>. Others are working on streamlining sales tax efforts (SST, MTC, Alaska, and Colorado). But, the flip side to the tax grab offers businesses the prospect of some longer-term relief, as state and local jurisdictions continue their work to find ways to simplify sales tax collections.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Listen as we discuss the post-<em>Wayfair<\/em>&nbsp;landscape and provide updates on how states are opening new and broader tax pipelines.<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>State tax compliance challenges and recent updates<\/li><li>Streamlining sales tax efforts: SST, MTC, Alaska, Colorado<\/li><li>Retroactive tax collection on out-of-state sellers<\/li><li>Marketplace facilitator liability<\/li><li>Home Rule<\/li><li><em>Wayfair&nbsp;<\/em>impact on income and other taxes<\/li><\/ol>\n\n\n\n<p class=\"wp-block-paragraph\">Key issues to be discussed:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>What are the latest state tax laws and regulations that expand the tax duties of businesses?<\/li><li>What are the latest updates for marketplace facilitator liability?<\/li><li>What is Home Rule and how has it impacted state tax compliance?<\/li><li>What states impose retroactive tax collection on out-of-state sellers and what are the compliance obstacles?<\/li><li>What are some of the streamlined sales tax efforts and compliance best practices for taxpayers and tax professionals?<\/li><li>What impact does Wayfair have on income and other taxes?<\/li><\/ul>\n\n\n\n<div style=\"height:55px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>More Tax News<\/strong><\/h3>\n\n\n<ul class=\"wp-block-latest-posts__list wp-block-latest-posts\"><li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/taxops.com\/auditor-independence-in-the-age-of-private-equity\/\">Auditor Independence in the Age of Private Equity: What CFOs Need to Know<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/taxops.com\/r-d-credits-for-software-companies\/\">R&amp;D Credits for Software Companies: Scrum Teams, Qualifiers, and Section 174 After OBBBA<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/taxops.com\/section-174-decoupling-what-tax-pros-need-to-know-state-by-state\/\">Section 174 Decoupling: What Tax Pros Need To Know State By State<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/taxops.com\/sean-espy-new-partner\/\">TaxOps Welcomes Sean Espy as Partner, Tax Minimization<\/a><\/li>\n<li><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/taxops.com\/state-nexus-demystified-navigating-tax-compliance-after-wayfair-episode-1-2\/\">Your Tax Footprint Is Probably Bigger Than You Think: What Finance Leaders Need to Know About State Nexus<\/a><\/li>\n<\/ul>\n\n\n<div style=\"height:55px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<a href=\"http:\/\/www.linkedin.com\/company\/201050\" target=\"_blank\" rel=\"noopener noreferrer\"><i class=\"fa fa-linkedin-square fa-2x\"><\/i><\/a>\n<a href=\"https:\/\/twitter.com\/taxops\" target=\"_blank\" rel=\"noopener noreferrer\"><i class=\"fa fa-twitter-square fa-2x\"><\/i><\/a> <a href=\"https:\/\/taxops.com\/prospects\/connect-with-us\/\" target=\"_blank\" rel=\"noopener noreferrer\"><i class=\"fa fa-envelope-square fa-2x\"><\/i><\/a>\n","protected":false},"excerpt":{"rendered":"<p>Join Judy Vorndran and Stacey Roberts as they explore the new challenges COVID-19 creates for business taxpayers and tax practitioners in sales and income tax in this 110-minute CPE. Wednesday, October 7, @ 1:00 pm-2:50 pm EDT Early Registration Discount Deadline, Friday, September 11, 2020 In this webinar, Judy Vorndran and Stacey Roberts will provide [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":5079,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","spt_transcript":"","footnotes":""},"categories":[225,229,226],"tags":[284,300,281,265,503,513,569,101,80,626],"class_list":["post-5078","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-events","category-state-and-local","category-tax-news","tag-cfo","tag-enforcement","tag-finance","tag-finance-professional","tag-managing-audit","tag-negotiate","tag-sales-tax-audit","tag-state-tax","tag-tax-provider","tag-tax-settlement"],"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/taxops.com\/wp-content\/uploads\/2020\/08\/Expanded-State-Tax-Duties-for-Businesses.png","_links":{"self":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts\/5078","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/comments?post=5078"}],"version-history":[{"count":1,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts\/5078\/revisions"}],"predecessor-version":[{"id":7032,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/posts\/5078\/revisions\/7032"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/media\/5079"}],"wp:attachment":[{"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/media?parent=5078"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/categories?post=5078"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/taxops.com\/wp-json\/wp\/v2\/tags?post=5078"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}