Thursday, February 1, 2018

Best Practices for Sales and Use Taxes

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Best Practices for Sales and Use Taxes
February
 
15
3 pm - 4:40 pm ET
Presenter: Jim Frazier, president of Take Charge Seminars
Credits: CPE, IRS EA, CLE in all states (Credit Details)
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Course Description
 
This presentation will provide guidance on best practices for your sales and use tax systems. You'll learn how to better manage the process, avoid traps, and minimize audit risks. Upon completion of the course, you'll be able to:
  • Recognize the importance of developing policies and procedures and their impact on audits
  • Describe how to ensure that the vendor is charging the correct tax
  • Explain why the purchasing department needs to be more involved in the sales tax process
  • List the best sources of information about sales and use taxes
  • Explain how to acquire sales tax systems
  • Provide accounts payable processing tips
  • Explain how to take advantage of reverse audits
  • Describe how to ensure that you pay collected sales tax
  • Identify the triggers for an audit
  • Describe tips for registering and filing returns
  • Describe accounting considerations for sales and use taxes
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The Presenter
About The Presenter
 
Jim Frazier, CPA, is president of Take Charge Seminars, a training company specializing in seminars, webinars and publishing on sales and use. Mr. Frazier started The Sales Tax Guy in 2005, one of the only sales tax blogs in the world at the time. Previously, Mr. Frazier served in accounting and financial management positions for a wide variety of industries. He frequently presents on issues in taxes and accounting. Mr. Frazier is a graduate of DePaul University.
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