After completing this 4-hour course, you’ll gain a working knowledge of the
important provisions of Texas’ sales and use tax rules. Mr. Martens & Mr. Diaz will share their
knowledge and experience about the application of the tax rules to businesses and
the transactions conducted in the state of Texas.
Learning Objectives
Determine whether transactions are subject to sales tax, subject to use tax, exempt, or nontaxable
Identify key sales and use tax terms and the corresponding definitions
Ascertain whether a taxpayer location requires a sales tax permit
Identify the types of governmental entities that impose sales and use taxes
Determine the amount of sales tax that applies to a transaction
Differentiate between taxable and nontaxable services
Identify common issues that arise during sales and use tax audits
Identify the date that remote sellers must obtain permits and collect sales and use tax
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 phase 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
Identify defenses to personal assessments for corporate tax debts
Time
Topics
Issues Covered
12:30
Before the Audit Begins
Reconciling Records
Resale and Exemption Certificates
Statute of Limitations
During the Audit
Audit Selection
Identifying Audit Issues
Controlling Information
Documentation Deadlines
Auditor Notes and Workpapers
Challenging Audit Results
Independent Audit Review Conference
Administrative Hearings
The Advantages and Disadvantages
Protest & Refund Suits
Forum Choices
2:00
Break
10 Minute Break
2:10
Administrative Hearing
Petition for Redetermination
Refund Claims
Discovery
Hearing Preparation and Strategies
The Oral Hearing
Post Hearing Brief
State District Court Litigation
Protest Suits
Refund Suits
Injunctive Relief
Suits Challenging Another State’s Power to Tax
Appeals
Nature and Purpose
Timing and Procedure
Costs of Appeal
Outcome and Next Steps
After an Assessment Becomes Final
Successor Liability
Officer & Director Liability
Employer Liability
Criminal Penalties
Civil Procedures
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
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