Multistate Taxation - Tax Staff Essentials

Overview

Do you know where you

Do you know where your clients’ businesses have nexus? The rapidly evolving area of multistate taxation should be on the radar of business tax professionals.

Course Instructor: Crystal Stranger

Highlights

Constitutional limits and Public Law 86-272

Interstate activity

Nexus, UDITPA and MTC

Calculation of state taxable income

Filing methods for multistate taxpayers

Apportionment and allocation

Multistate income tax planning

Prerequisites

Working knowledge of federal income taxation

Designed For

Tax practitioners who have clients working in numerous states.

Objectives

Identify the history of the Multistate Tax Commission and Uniform Division of Income for Tax Purposes Act.
Distinguish between income tax and sales tax nexus.
Identify the limitations of Public Law 86-272.
Identify the most common additions to federal taxable income.
Identify the most common subtractions from federal taxable income.
Apply the tests for determining business and nonbusiness income.
Determine the components of the traditional Massachusetts formula.

Notice

This course is provided by a third-party vendor. Please note that login instructions will not be available in the ‘My Upcoming CPE’ section of the NESCPA website. Instead, the login instructions will be sent directly to you via email by AICPA (do_not_reply@on24event.com). Upon completing the course, your hours will be recorded in the ‘My CPE Tracker’ section of the NESCPA website.