Multistate Taxation - Tax Staff Essentials

Apr. 29, 9 am – 5 pm

Online

8.00 Credits

Member Price $349.00

Non-Member Price $419.00

Overview

Do you know where your clients’ businesses have nexus? The rapidly evolving area of multistate taxation should be on the radar of business tax professionals.

Delivery Method: Individual webcast
CPE Credit: Taxes
Program Level: Intermediate

This course is being offered by a 3rd party vendor and will not be accessible on your My CPE page. Webinar access information will be emailed directly to you by AICPA.

Highlights

Constitutional limits and Public Law 86-272

Interstate activity

Nexus, UDITPA and MTC

Calculation of state taxable income

Filing methods for multistate taxpayers

Apportionment and allocation

Multistate income tax planning

Prerequisites

Working knowledge of federal income taxation

Designed For

Tax practitioners who have clients working in numerous states.

Objectives

Identify the history of the Multistate Tax Commission and Uniform Division of Income for Tax Purposes Act.
Distinguish between income tax and sales tax nexus.
Identify the limitations of Public Law 86-272.
Identify the most common additions to federal taxable income.
Identify the most common subtractions from federal taxable income.
Apply the tests for determining business and nonbusiness income.
Determine the components of the traditional Massachusetts formula.