1 1

Challenging Texas Tax Audits & Texas Sales and Use Tax - 7/25/24 - Austin, TX

lat-seminars

Tax Courses for CPE credit
$199.00 USD
$199.00 USD
Sale State Society Sponsored Course
Course Format
Choose your course(s)
View full details

July 25, 2024

Course Countdown:

 

Challenging Texas Tax Audits

CPE Credit Hours: 4.0

Program Level: Basic

Program Prerequisite: None

Advanced Preparation: None

Course Presenter: Jimmy Martens

Course Time: 8:30 am - 12:00 pm

Location: 816 Congress Austin, Texas

Texas tax assessments can financially destroy viable businesses. Therefore, skillful representation and advice is crucial to minimizing audit assessments. This course discusses strategies for handling Texas tax audits. First, we discuss the pre-audit phase and analyze the initial reconciliations and controls auditors will perform. Second, we discuss techniques to apply during the audit itself, including tips on how to manage an on-site visit and how to communicate with auditors. Third, we address how best to challenge an adverse tax assessment, including new options for taxpayers that were created by 2021 legislation. Finally, we discuss the mechanics of the oral hearing process and strategies that tax professionals and businesses employ to increase the likelihood of a favorable outcome.

Learning Objectives

  • Prepare for an upcoming audit to minimize an adverse assessment
  • Properly advise clients when facing large tax assessments
  • Effectively represent clients in contested administrative hearings
  • Review choices in challenging audits and refund claim denials
  • Identify defenses to personal assessments for corporate tax debts


    • Time Topics Issues Covered
    8:30 Before the Audit Begins
  • Reconciling Accounts
  • Resale and Exemption Certificates
  • Statute of Limitations
    		•
    9:15 During the Audit
  • Audit Selection
  • Identifying Audit Issues
  • Controlling Information
  • Documentation Deadlines
  • Auditor Notes and Workpapers
    		•
    9:50 Break 10 Minute Break
    10:00 Choices in Challenging Audit Results
  • Independent Audit Review Conference
  • Administrative Hearings
  • Protest & Refund Suits
  • Appeals
  • Advantages and Disadvantages
    		•
    10:30 Handling An Administrative Hearing
  • Petition for Redetermination
  • Refund Claims
  • Discovery
  • Hearing Preparation and Strategies
  • The Oral Hearing
  • Post Hearing Briefing
    		•
    11:20 State District Court Litigation
  • Protest Suits
  • Refund Suits
  • Injunctive Relief
  • Suits After Redetermination
    		•
    3:30 Appeals
  • Nature and Purpose
  • Timing and Procedure
  • Costs of Appeal
  • Outcome and Next Steps
    		•
    11:35 After an Assessment Becomes Final
  • Successor Liability
  • Officer & Director Liability
  • Employer Liability
    		•
    12:00 Lunch Provided for In-Person Attendees


    Texas Sales & Use Tax

    CPE Credit Hours: 4.0

    Program Level: Basic

    Program Prerequisite: None

    Advanced Preparation: None

    Course Presenter: Lacy Leonard

    Course Time: 12:30 pm - 4:00 pm

    Location: 816 Congress Austin, Texas

    After completing this 4-hour course, you’ll gain a working knowledge of the important provisions of Texas sales and use tax rules. Lacy Leonard will share her knowledge and experience about the application of the tax rules to businesses and the transactions conducted in the state of Texas.

    Learning Objectives

  • Prepare for an upcoming audit to minimize an adverse assessment
  • Understanding Audit Workpapers
  • Handling the Audit
  • Advising clients on tax assessment challenges
  • Representing clients in contested administrative hearings
  • Identify defenses to personal assessments for corporate tax debts


    • Time Topics Issues Covered
    12:30 Texas Sales and Use Tax Overview
  • Taxable Goods & Services
  • Registration, Permit, and Reporting Requirements
  • Common Mistakes
    		•
    1:30 Multi-state Tax Issues
  • Economic Nexus
  • Multi-state Exemptions
  • Internet Sales
    		•
    1:45 Break 10 Minute Break
    1:55 Taxable Services
  • Categories of Taxable Services
  • Common Rules for All Taxable Services
  • Multi-state Allocation and Use Tax
  • Commercial & Real Estate Property Construction
  • Oil & Gas Industry
    		•
    2:55 Texas Sales & Use Tax Exemptions
  • Resale
  • Manufacturing
  • Gas & Electricity
  • Export
  • Others
    		•
    3:30 Contesting Audits
  • Before the Audit
  • During the Audit
  • Administrative Hearings
  • Choices in Challenging Assessments
    		•




    • NASBA Statement

      LAT Seminars is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority over the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket