TX Sales & Use Tax: July 9, 2019

  • Austin, TX
  • 8:30 am - 4:00 pm
  • $325

Presented by:

  • Danielle Ahlrich, Attorney | Martens, Todd, Leonard & Ahlrich
  • Chris Blackwell, Attorney | Deloitte
  • Allison Cunningham, Attorney | Martens, Todd, Leonard & Ahlrich

8 CPE Credits

This year promises to be very active with our legislators changing our sales tax laws to implement the Wayfair decision and to enact other sales tax changes. Meanwhile, the Texas courts have been busy handing down decisions interpreting various aspects of the Texas sales tax. This 8-hour presentation will cover these developments while explaining the details of Texas’ complicated sales and use tax laws. We begin with an overview, discussing the general rules applicable to selling taxable goods and services, covering local tax rules, followed by an in-depth discussion of the Wayfair case, economic nexus and Texas’ efforts to implement to the nexus standards. We review all of the taxable services with emphasis on the common ones. We’ll address issues arising in various industries, including real estate construction, oil and gas, and high-tech/internet. We review all major exemptions, including those for manufacturing, gas and electricity, audio/video, conservation, agriculture, export sales, and exempt organizations. We’ll cover sales tax issues arising in business formations, foreclosures, leases, and rentals. Finally, we’ll review strategies for handling audits, including steps to take before, during, and after the audit.

  • Field of Study: Taxes
  • Prerequisite: None
  • Program Level: Basic
  • Delivery Method: Group-Live

AGENDA

8:00 am Registration

  • 8:30 am Overview
  • • Taxable Goods and Services
  • • Use Tax Issues
  • • Sellers: Special Cases
  • • Credit for Other State’s Taxes
  • • Reporting Requirements
  • • Direct Payment Permits
  • • Local Sales and Use Tax
  • • Sand, Dirt and Gravel
  • 9:45 am Multistate Tax Issues
  • • Economic Nexus
  • • Role of Physical Presence
  • • Small Business Burdens
  • •Texas' New Rules

10:35 am Break

  • 10:45 am Taxable Services
  • • The Complete List
  • • Common Rules – All Taxable Services
  • • Mixed Service Problem
  • • Repairing Personal & Real Property
  • • Residential & Commercial Construction
  • • Data Processing & Information Services
  • • Software & Internet

11:30 am Lunch (Provided)

12:00 pm Taxable Services, (cont.)

  • 1:00 pm Tax Exemptions
  • • Exemption Categories
  • • Claiming Exemptions
  • • Manufacturing
  • • Gas & Electricity
  • • Agricultural
  • • Exempt Organizations
  • • Export Sales

2:40 pm Break

  • 2:50 pm Transactions
  • • Forming a Business
  • • Liquidating a Business
  • • Occasional Sales
  • • Bad Debts
  • • Operating & Finance Leases
  • 3:20 pm Challenging Audits
  • • Before the Audit Begins
  • • During the Audit
  • • Challenging Assessments

4:00 pm End

Date

7/9/2019

Where

Austin, TX

Venue

  • Hilton Garden Inn
  • 500 N Interstate 35
  • Austin, TX 78701

Price

  • $325
  • ($100 colleague discount)
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LAT Seminars is registered with the National Association of state Boards of Accountancy (NASBA) as a sponsor of continuing professional educations on the National Registry of CPE Sponsors. State boards of accountancy have final authority of 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: learningmarket.org