Multistate Taxation - Tax Staff Essentials

Tuesday, Oct. 13 9:00am - 5:00pm

(Check-In 9:00am )

Online

8.00 Credits

Member Price $319.00

Non-Member Price $399.00

Overview

Theoretical conundrums and compliance issues

Multistate taxation has never been more relevant. This course helps you skillfully navigate the maze of corporate tax codes across jurisdictions.

Learners get fresh perspectives on:

Interstate activity and nexus

Modifications to federal tax income to arrive at state taxable income

Allocation and apportionment

Filing methods for multistate taxpayers

By spotlighting updates on the latest state tax reforms, this course will help you develop a working knowledge of both multistate tax compliance and related planning opportunities.

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.

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

Designed For

Tax practitioners who have clients working in numerous states.

Prerequisites

Working knowledge of federal income taxation

Notice

You will receive an email from the AICPA with instructions to access the webinar.