Multistate Taxation - Tax Staff Essentials

Do you know where your clients’ businesses have nexus? The rapidly evolving area of multistate taxation should be on the radar of business tax professionals.

Learning Objectives:

- Identify the history of the Multistate Tax Commission and Uniform Division of Income for Tax Purposes Act.

- Distinguish between income tax and sales tax nexus.

- Identify the limitations of Public Law 86-272.

- Identify the most common additions to federal taxable income.

- Identify the most common subtractions from federal taxable income.

- Apply the tests for determining business and nonbusiness income.

- Determine the components of the traditional Massachusetts formula.

Who will benefit:

- tax Practitioners who have clients working in numerous states.

This is an AICPA hosted webcast. You will launch the course from your OSCPA learning center portal. AICPA will issue and maintain your credits. Please make sure to download your CPE certificate from AICPA webcast portal at the conclusion of the webcast.