Date Start Date: 4/23/2024 Start Time: 1:00 PM EST End Date: 4/23/2024 End Time: 2:30 PM EST Contact Name: Tatisa Joiner Phone: 3127011800 Email
Gross receipts taxes are generally levied and assessed against a seller based on the gross proceeds of all sales of tangible personal property and/or services (regardless of how they are taxed for sales tax) into a state without any deductions for costs of doing business. The imposition of gross receipts taxes borrows concepts from other tax types. Sometimes a state’s gross receipts tax may “look and smell” like a sales tax but is not applied in the same way. In some states, it is a replacement or additional income tax and yet in others it is administered as part of the business license process. In many cases, the responsibility to manage these hybrid taxes falls to sales tax professionals. However, most sales tax professionals specialize in just that – sales tax – and may not be aware of how to manage the specific nuances of gross receipts taxes. There is a renewed focus on gross receipts taxes of varying stripes across the United States leading to changes in who is liable for the taxes and filing obligations as well as states starting to audit. You need a framework to determine if these taxes affect your business in order to stay compliant. Become confident in how to manage gross receipts taxes in this 90-minute webinar. Who should attend? This webinar is intended for financial and operations personnel—including tax, general accounting, accounts payable, sales, tax technology, purchasing and credit—who are tasked with managing gross receipts taxes as part of their responsibilities. The course is also designed for general practitioners, with minimal to no experience. Visit the Website
