2024 Multistate Taxation - Issues and Planning Opportunities
Online
8.00 Credits
Member Price $225.00
Non-Member Price $275.00
Overview
Join our course on Multistate Taxation – Issues and Planning Opportunities designed for financial professionals. Learn about crucial topics like nexus implications, state taxable income calculations, and audit defense strategies. Gain practical insights to integrate these considerations into client financial plans effectively. From deciphering complex formulas to understanding state-specific regulations, this course equips you with actionable knowledge to excel in finance. Explore multistate business activities, choice of business entity, and interstate commerce clauses. By course completion, you'll be ready to identify common pitfalls, mitigate risks, and ensure compliance with multistate taxation. Join us and navigate the complexities of finance confidently.
**Please Note: If you need credit reported to the IRS for this IRS approved program, please download the IRS CE request form on the Course Materials Tab and submit to kori.herrera@acpen.com.
Objectives
- Recognize the concept of nexus and its implications for multistate taxation
- Discuss the calculation methods for determining state taxable income in a multistate context
- Recall the formulas used in multistate taxation calculations and understand their application
- Identify considerations for audit defense strategies specific to multistate tax scenarios
- Describe the impact of state-specific regulations on multistate income taxation
- Identify potential challenges and opportunities associated with conducting business across state borders
- List factors influencing the choice of business entity in a multistate operating environment
- Recognize the significance of interstate commerce clauses in shaping multistate taxation policies
- Identify common pitfalls and risks associated with non-compliance in multistate taxation
- Recognize the significance of domicile regarding estate planning and state death tax issues
Highlights
- Multistate Business Activities
- Nexus and Implications
- State Taxable Income
- Business-Related Issues
- Formulas and Their Application
- Audit Defense Strategies
- State Specific Regulations
- Choice of Business Entity
- Interstate Commerce Clauses
- Domicile in relation to State Death Taxation
Designed For
CPAs, EAs, and attorneys
Prerequisites
None
Preparation
None
Notice
Your webinar can be accessed via https://ctcpas.acpen.com/Account/loginhttps://ctcpas.acpen.com/. If you do not have an ACPEN account, please sign up for an account using the email address you have on file with CTCPA.
Leader(s):
Leader Bios
Arthur Werner, President, Werner-Rocca Seminars, Ltd.
Arthur Joseph Werner, JD, MS (Taxation), is the president and is a shareholder in the lecture firm of Werner-Rocca Seminars, Ltd. Mr. Werner’s lecture topic specialties include business, tax, financial and estate planning for high net worth individuals.
In addition, Mr. Werner is a former adjunct professor of taxation in the Master of Science in Taxation program at the Philadelphia University.
Mr. Werner received his B.S. in Accounting and his M.S. in Taxation from Widener University. He holds a J.D. in Law from the Delaware Law School.
Mr. Werner lectures extensively in the areas of Estate Planning, Financial Planning, and Estate and Gift Taxation to Certified Public Accountants and Financial Planners and has presented more than 3000 eight-hour seminars over the past twenty-five years as well as numerous webinars and video presentations. Mr. Werner has been rated as having the highest speaker knowledge in his home state of Pennsylvania by the Pennsylvania Institute of Certified Public Accountants, was awarded the AICPA Outstanding Discussion Leader Award in the State of Nevada, the Florida Institute of CPAs Outstanding Discussion Leader Award, and the South Carolina Association of CPAs Outstanding Discussion Leader Award.
Non-Member Price $275.00
Member Price $225.00