Nexus is perhaps one of the more difficult state tax issues that companies and their advisors face. It is a major determining factor in whether you have to pay or collect a state’s taxes. However, it is often one of the most misunderstood concepts which often leads to big problems for those who don’t get it right. It doesn’t have to be this way.
In this webinar we will attempt to demystify the concept of nexus by briefly examining a few important court cases which provide the foundations for what most states consider to nexus-creating activities. This will include economic nexus, related entity nexus, agency nexus, affiliate nexus, physical presence and Public Law 86-272. In addition, we will discuss specific nexus creating activities for sales tax and income tax and why there are often differences between the two.
Have a basic understanding of nexus for sales and income taxes.
Identify differences between the two.
Identify potential problem areas that your clients may face.
Understand some common mistakes and how to avoid them.
Be aware of services you can offer to protect your clients and grow your business.
Angela, OR
"I have attended more than one Sales Nexus seminar (which was not free), and your FREE webinar was by far the most informative. The presenters were knowledgeable and without a doubt you know that this is their business, and they know what they are talking about. I came away from the hour and a half not only feeling well educated but also left with a bunch of questions (good ones). I think the best learning experiences always leave you asking more questions."Jason, NE
"I participated in this webinar primarily to learn about income tax nexus. I was surprised to learn how little PL 86-272 really encompassed when it came to income tax nexus. I thought it was a large umbrella and provided significant protection, but learned that it doesn't take much to be subject to income tax in a given state. The presenters were knowledgeable and provided a lot of different cases and scenarios to support their conclusions."Jay, PA
"This is a timely topic expertly presented. The cost of non-compliance can be significant since you can be accruing multiple years of exposure for uncollected sales taxes. As more and more on line retailers collect taxes, the competitive advantage of not collecting tax starts to disappear. This risk/reward ration has changed."Terri, NV
"Really enjoyed learning the history of nexus as it developed through the system of American jurisprudence. Knowning the background helps with interpreting the current landscape. The course was also excellent regarding recent developments in the area of nexus. Overall, very comprehensive and informative!"Michael, OH
"Just to reiterate my 2 Comments submitted via the Chat Box near the close: - Avalara: Just like Frigidaire and Xerox, Avalara is synonymous with State Tax Compliance (IMHO) - Peisner Johnson & Company: Peisner Johnson & Company are certainly Top Notch Professionals, as well!"Kim, NJ
"I thought this course was excellent since it clarified the differences in nexus for sales tax and for income tax. Being in many states, we sometimes are not sure if we need to register for both sales and income tax. This webinar cleared up a lot of the questions I had. Thank you!"Molly, MA
"I very much enjoyed the webinar. The tag team approach of presenter and question responder worked very well. The material was well organized and presented. It helped to clarify and made practical suggestions on handling a subject that has a very grey history."Karyn, TX
"I really appreciate how the presenter gave background on the laws in order to make understanding why we have the sales tax nexus issues today more clear. Especially for those of us who are new to the Sales/Use Tax arena. Great presentation! Thank you."
Peisner Johnson & Company, LLP
Founding Partner
andrewj@peisnerjohnson.com
9722415100
Andy graduated with a master’s degree in accounting with emphasis in Taxation from Brigham Young University. He began his career in state taxation with Arthur Anderson, then after 4 years at Arthur Anderson, he partnered with Jerry Peisner and in 1992 founded Peisner Johnson & Company, LLP. Andy is an experienced professional in state and local tax matters and has consulted hundreds of companies in virtually every industry across the country. He is also a member of the AICPA and the Texas Society of CPAs. Peisner Johnson, founded in 1992, is the largest national CPA firm that is focused entirely on solving state and local tax issues. Peisner Johnson is comprised of former state auditors and other professionals with years of state and local tax experience. Peisner Johnson has experience with clients of all sizes, in all industries and currently works in all 50 states, U.S. territories and Canadian Provinces.