CPATrainingCenter.com offers CPA exams, accounting degree training, CPE, and professional development for accountants and CPAs
Course/Product Description
Title:

Current Issues In Software Taxation

SKU:WC-1026200
Date / Time: Recorded
Format: Webinar
Order:Qty:
Description:

Existing tax and legal frameworks vary tremendously among states in such areas as cloud computing, electronically delivered software, and the treatment of prewritten vs. custom software.

Sellers of software and buyers alike need to understand the proper income tax and sales/use tax treatment of these areas. Our speaker demonstrates the value of up front tax planning when making large software investments or for sellers, entering new markets in the U.S.

Such planning is critical to avoiding surprise, material tax assessments and added state-local expense. The tools provided will assist you in taking control of your company's state and local tax environment rather than putting in the hands of tax authorities, customers and vendors.

AGENDA

Software and the Multistate Tax Environment

  • Software and Computer Services – What Are We Talking About?
  • The "Big Picture": Trends in the Taxation of Software
  • What's at Stake – States vs. Businesses
Sales and Use Taxes
  • Software – a Definitional Framework and Its Sales/Use Tax Significance
  • Seller vs. Buyer Considerations
  • Nexus – Does "Quill" Still Matter?
  • Streamlined Sales and Use Tax Agreement – Impact on the Software Issue
  • Mode of Software Delivery and Situs of Software Transactions
  • Cloud Computing – a Service or Licensed Software?
  • Exemptions That May Apply e.g. Resale, Manufacturing
  • Specific States and Their Treatment of Software
  • Bundled or Mixed Service Transactions – Where Does the Internet Fit In?
Income and Business Enterprise Taxes
  • Software Definitions – Income vs. Sales/Use Tax
  • Nexus – the Wild West?
  • Apportionment
  • Specific State Apportionment Rules
  • Other Business Enterprise Taxes e.g. Ohio CAT, Washinton B&O, Virginia County BPOL
Practical Issues and Planning Strategies
  • Sales Tax – Software Vendor Considerations e.g. License Agreement vs. Service Fee, Nexus Planning, Quality of Sale Data, Exemption Certificates
  • Use Tax – Buyer Considerations e.g. Documenting Software Investments, Unbundling Mixed Transactions, Proper Use of Exemption Certificates
  • Income and Franchise Taxes – Nexus Planning, Quality of Apportionment Data, Measuring Cop, Throwback – Throw out Rules and Other Issues
  • Managing Tax and Financial Risk Related to Software e.g. Asc 740 (Fin 48), Quality of Internal Controls
About The Presenters

Myles Metzger
  • Staff accountant with Baker Tilly Virchow Krause, LLP, joined the firm in January of 2016
  • Specializes in tax consulting, planning, and compliance within Baker Tilly’s state and local tax practice
  • Experienced in multistate corporation and franchise tax, gross receipts and business entity taxes, sales and use tax, property tax, etc.
  • Works with a diverse client base, including companies in manufacturing, construction, agriculture, software, retail and service industries
  • B.S. degree in accounting and finance, University of Wisconsin - La Crosse
Alyssa Schmitz
  • Manager with Baker Tilly Virchow Krause, LLP, joined the firm in October 2011
  • Specializes in tax consulting, planning, and compliance within Baker Tilly’s state and local tax practice
  • Experience with multistate corporation and franchise tax, sales and use tax, property tax, and business credits and incentives
  • Client base includes companies in the construction, software, and manufacturing industries
  • Develops and implements income tax saving strategies for multistate business clients; reviews and analyzes state tax implications of business purchase and sale issues; works closely with software as a service provider to minimize tax and risk exposure; provides dispute resolution services, including state tax audits, appeals, private letter ruling requests, and voluntary disclosures; offers state tax compliance solutions including return preparation and tax outsourcing
  • B.S. degree in accounting, University of Wisconsin - La Crosse


Cannot Attend The Live Presentation?

This presentation is also available in a recorded format, in CD version, as shown in the pricing options below.

About Webcasts / Audio Conferences / Podcasts:

Webcasts, audio conferences, and podcasts are presentations that you attend via the Internet, phone, or mobile device at a specified date and time for "live" versions, or at your convenience for "recorded" and "On-Demand" versions.

The live versions are interactive, meaning that participants can ask questions in real time, plus are a very cost-effective form of training because 1) you receive fast, convenient learning without any out-of-office time; 2) you can invite as many colleagues as you'd like to listen in on a single phone line; 3) you incur no travel expenses; and 4) you and your colleagues are back at work immediately after the session ends!

And though with recorded versions you do lose the ability to ask questions, you gain the ability to hear the presentation numerous times and to share it with others in your office.

Handout materials and the phone number for live presentations are made available to you prior to the event via email from the presenter and from the "MyAccount" link on the menu bar. Copies of the presentations are included with recorded versions.

About The Provider: Lorman Education Services has provided educational seminars and online training for professionals since 1987.

Since then, we've kept thousands of professionals in the United States and internationally current on the most pressing topics in a rapidly changing marketplace of ideas. Like you, we understand the need for concise, accurate information.

That understanding underlies each Lorman course, presenting the latest information on the laws and regulations critical to your organization's successful daily operations.

Moreover, each course receives our painstaking attention to be certain both the faculty and participants receive the individual attention necessary to achieve maximum benefit from the materials.
More Info: Contact Us For More Information
Order:Qty:
Share This: Share on Facebook


Share on Twitter


Share on Google+


Sales &Use Tax Workshop
Sales &Use Tax Workshop

Comprehensive Income Tax Course with Career Package
Comprehensive Income Tax Course with Career Package

Project Management Workshop
Project Management Workshop

Fundamentals Of Form W-2 &Form W-4 Processing
Fundamentals Of Form W-2 &Form W-4 Processing

Tax Court Exam Homestudy Program
Tax Court Exam Homestudy Program

Fundamentals Of Internal Auditing
Fundamentals Of Internal Auditing

Internal Audit School
Internal Audit School

Auditing Applications Against SDLC And Coding Standards
Auditing Applications Against SDLC And Coding Standards

Auditing A Cybersecurity Program
Auditing A Cybersecurity Program

Audit Report Writing Boot Camp
Audit Report Writing Boot Camp

Advanced Auditing For In-Charge Auditors
Advanced Auditing For In-Charge Auditors

Series 6 - Live &OnDemand Online Course
Series 6 - Live &OnDemand Online Course

Peachtree Seminars
Peachtree Seminars

How To Use QuickBooks
How To Use QuickBooks

Certified Payroll Administrator
Certified Payroll Administrator

I-9 Administrator Training - Top 10 Mistakes To Avoid In Completing, Storing, And Destroying Form I-9
I-9 Administrator Training - Top 10 Mistakes To Avoid In Completing, Storing, And Destroying Form I-9

Google+CPATrainingCenter.com. 5755 North Point Parkway, Suite 228 | Alpharetta, GA 30022 | 770-410-9941 | support@CPATrainingCenter.com
Copyright CPATrainingCenter.com 2017 | Web Site Development by OTAU
Facebook