The Sales Tax - Use Tax Page

Webinar Outline

Schedule below

In our other programs, we explain the different elements of sales and use taxes and the things that will get you in trouble.  In this multi-state webinar, we give you some ideas about the best ways of doing it right.  You'll discover ways to save taxes, avoid unnecessary taxes, and minimize the terror of the sales tax audit.

What to do when you in-state vendor fails to charge you sales tax

• Making sure you don't double pay the tax

• How do you know the vendor hasn't already paid the tax?

• Are you sure the purchase is really taxable?

What to do when an out-of-state vendor charges you tax

• Making sure you pay the correct tax

• Making this a routine part of accounts payables communications

Other items for Accounts Payable to watch for

• You'll receive a checklist for items to review on each invoice

• What state rules apply

• FOB points

• Why you NEVER add unbilled sales tax to the payment

• What AP may be doing that is really Purchasing's job.

Exemption Certificates

• When you need them

• Why you need them

• Do you need an official form?

• Expiration dates

• Good faith

• How to keep your certificate file fresh and auditor-friendly

Doing your sales and use tax research

• Sources of the law

• Reliable resources (that are free)

• Reliable resources (that are very much NOT free)

• Be careful when you contact the state

• Why you always need it in writing

Policies and procedures

• Why you need them

• Reviewing transactions to make sure you get the taxes right

• Taxability matrix

Sales and use tax audits

• What to do with the auditor

• Who do you call?

• Reverse audits