Multistate Income Tax

You can conquer the theoretical conundrums and compliance issues caused by the question of whether or not a business has nexus in a particular jurisdiction. Be the one to guide your client skillfully through the maze of multistate corporate tax codes. Rapidly develop a working knowledge of both multistate tax compliance and related planning opportunities. With the rate of change, you can’t afford to be out-of-date with your knowledge of this critical tax area. Course materials will include the latest developments regarding the Wayfair decision.

Learning Objectives

Learning Objective: 

When you complete this course you will be able to:

  • Describe the key principles of multistate taxation.
  • Identify the implications of establishing nexus in various taxing jurisdictions.
  • Analyze client operations and devise strategies that will minimize their client’s overall sales and/or income tax liability.
  • Recognize the impact recent judicial rulings in various states on client operations.
  • Determine to what extent the state taxation of internet based transactions may impact current and future client activities.

Topics Discussed

Topics Discussed: 
  • Constitutional limits and P.L. 86-272
  • Nexus, UDITPA, MTC
  • Calculation of state taxable income
  • Filing methods for multistate taxpayers
  • Apportionment and allocation
  • Multistate income tax planning
  • Audit defense strategies

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COURSE CODE

TSE.MST

FIELD OF STUDY

Taxes

CPE CREDIT HOURS

8

KNOWLEDGE LEVEL

Intermediate

INTENDED AUDIENCE

Experienced tax professionals and accountants; private industry accounting and finance managers

PREREQUISITE

Experience in corporate taxation

ADVANCED PREPARATION

None

DELIVERY METHOD

Group Live
Self-Study On-Demand

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For individual training, visit:

(U.S.) AICPAstore.com

(Outside the U.S.) CGMAstore.com

CONTACT A TRAINING REPRESENTATIVE:


1-800-634-6780 Option 1
aicpalearning@aicpa.org