If you have ever handled a sales tax exam by your state you know how aggressive state tax auditors can be.  This program will walk attendees through how sales tax audits are done and do so by comparing and contrasting these techniques with IRS examination techniques for both income tax and federal excise tax.  We will review the techniques used by the various states and how practitioners can help protect their client from the overzealous state auditor.  The program will compare the state audit techniques used by the IRS auditors so practitioners get a well-rounded review and comparison between the two approaches and what they need to know to help their client handle and challenge each type of audit.

Learning Objectives:

• Explain both the IRS and state audit selection process
• Identify similarities and differences in the approach to testing for federal and state audits
• Describe how the audit process is different from the state testing techniques and the federal testing techniques
• Suggested best practicing for reducing likelihood of audits and refuting audit assessments

Program #: 15UFN-T-00248-22-O

“I just need to be in Florida for 180 days, right?” or “I live overseas now, I haven’t filed a U.S. return in years!”

Unfortunately, the day count is just one of more than twenty factors states generally look at when determining if they can drag your client (and their income and assets) back into the state for tax purposes. And we’ve seen situations where multiple states claim a taxpayer as a resident! We will cover the factors states look at and what tax professionals can do to help clients plan properly to change their status and defend it later if it is tested.  In addition, we will review what US Citizens need to do for the IRS if living abroad in terms of filing and compliance.

Learning Objectives:

• Explain the many factors used by states to determine residency and domicile status
• Identify examination techniques for challenging the taxpayer’s status
• Describe planning ideas to stand up to state challenges of status
• Best practices for filing federal and possibly state returns for those living abroad

Program #: 15UFN-T-00260-22-O

A brief look at domicile selection for those with high mobility and consideration of where to locate businesses based on state apportionment factors and the various state economic nexus .

• More states are using single factor apportionment, but it likely makes sense to avoid locating a business in a state with multi factor apportionment
• Consider apportionment and nexus impacts on businesses selling goods vs. those selling services

* Credit: 1 Hour for CPAs (No Credit for EAs)