Multistate Taxation: Income Franchise Tax

CD & Manual
  389305TMX $219.00 USD Add to Cart
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 89 Min. Audio MP3 - No shipping cost
   389305POD $219.00 USD Add to Cart
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What is a Podcast?

Benefits

While many businesses focus their tax strategies on mitigating the federal income tax, many businesses are becoming aware of increased enforcement of state tax laws, especially on interstate businesses. Rather than concentrating on the intricacies of a single tax in a single jurisdiction, this live audio conference will explore trends in state taxation of interstate businesses, with particular emphasis on the expanding web of information available to state tax administrators in regard to businesses operating in their states. Tax administrators are becoming increasingly adept at mining this web to enforce tax liabilities they might previously have been unaware of. Individuals responsible for state tax compliance, individuals responsible for determining the geographic location of interstate business operations and attorneys and accountants who advise them will benefit from learning the recent and anticipated developments in these areas and steps they can take to mitigate their impact on a business' aggregate state taxes.


Agenda

General Overview of Legal Authority and Limitations of State Taxation
  • U.S. Constitutional Authority and Limitations
    • Commerce Clause
    • Unitary Business Principle
    • Nexus
    • Discrimination Against Foreign Commerce
    • Due Process
    • Equal Protection
  • Federal Public Law: 86-272
Simplified Sales Tax Project: SSTP
Franchise Tax Issues
Income Tax Issues
  • Conformity to the Federal Tax Base
    • Methods of Conforming to the Federal Income Tax Base
    • Advantages and Disadvantages of Conformity
    • Nonconformity Issues
  • UDIPTA and the Multistate Tax Commission Regulations
  • The Unitary Business Principle
  • Apportionable and Nonapportionable Income
    • MTC Regulation Guidelines for Specific Types of Income
    • Specific Allocation of Nonbusiness Income
    • The U.S. Supreme Court's Approach to Determining Whether Income Is Apportionable
    • Formulary Apportionment
Other Tax Issues
  • Registration to Do Business
    • Secretary of State
    • Income and Franchise Tax
    • Sales and Use Tax
  • State Issues
    • Synopsis
    • Enforcement: Audit and Appeals
Compliance and Coming Forward
  • The Compliance Calculation: General Multistate Tax Issues - Filing Requirement
  • How to Come Forward - Voluntary Disclosure Program

Faculty

Inez M. Mello, M.B.A., CCR LLP
Daniel C. Waugh, Esq., Moses & Afonso, Ltd.


Inez M. Mello, M.B.A.
  • Principal in the tax services department at CCR LLP, and also serves as the firm’s director of state and local taxes
  • Serves as an adjunct professor for Bryant University, the Community College of Rhode Island, and is Bryant University’s Graduate Multistate Tax Professor
  • More than 21 years of experience in state and local taxes
  • For more than 10 years, she has developed a SALT program which encompasses an in-depth assessment process, a proven cost savings implementation of voluntary disclosure in state jurisdictions and effective ongoing compliance programming.
  • Frequent speaker at various business and education symposiums, and has taught various multistate tax seminars
  • Serves on CCH’s National State Tax Advisory Board
  • The U.S. Small Business Administration selected Ms. Mello as the winner of the 2007 Rhode Island Women in Business Champion of the Year Award
  • Former president of the Rhode Island Chapter of the American Society of Women Accountants
  • M.B.A. degree in taxation and B.S. degree in accounting, Bryant University

Daniel C. Waugh, Esq.
  • Principal in the law firm of Moses & Afonso, Ltd.
  • Provides planning and dispute resolution services relating to taxes, including sales, use, business corporation, franchise and property taxes, as well as federal income and excise taxes
  • Counsels businesses on compliance with federal and state tax laws
  • Former president of the Rhode Island Employee Benefits Council
  • Graduate, Harvard College and University of Virginia School of Law
  • Can be contacted at 401-453-3600 or dwaugh@mosesafonso.com




These Materials are Designed For

This live audio conference is designed for accountants, CFOs, controllers, tax managers, presidents, vice presidents, business owners and managers, bookkeepers, auditors and enrolled agents.

CD & Manual - CD Set with bound 70 page manual
Podcast - 89 Minute MP3 with 70 page electronic manual - Immediate Access and No Shipping Cost