Course Description
This training is completely tailored to the type of industry of the audience as well as the states where a company has transaction tax liability.  We will start with the basics of sales and use taxes, and then dive into the specific tax transactions as directed.  Included in this type of training is detailed tax decision metrics for each state discussed, which can assist in the reduction of overpayment of taxes.

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Members: $495
Nonmembers: $595  
*Group members can register for just $445 when registering three or more members! Contact the education department at aptraining@theiapp.org to receive your discount.

*Successful completion of this e-Seminar qualifies you to receive up to 9.5 CPE credits. 

Course Curriculum
Session One & Two - Federal Information Reporting
November 8, 2010; 11:00 a.m. - 1:00 p.m. ET
November 15, 2010; 11:00 a.m. - 1:00 p.m. ET

Topic

Basic 1099 Reporting Requirements  • Who gets a Form 1099 and what type of payments are reportable?  • Which payees are exempt from Form 1099 reporting?  • When are corporations subject to reporting? • Review of proposed changes of elimination of the corporate exemption  • When will there be a requirement of mandatory withholding?

Collecting Data for Year-End Reporting  • How to identify valid Taxpayer Identification Numbers: SSNs, EINs, and ITINs  • Form W-9: The requirements your documentation must meet • How to use the IRS TIN Matching Program to verify name-TIN match of your payee before filing to avoid penalties

IRS Regulations and Requirements Regarding: • How to identify valid Taxpayer Identification Numbers: SSNs, EINs, and ITINs • Payments to middlemen, agents, joint payees, escrow payments • Payments made on behalf of another • Settlements and judgments, including claimant's attorney fees • Payments for legal services - Attorney Gross Proceeds regulation • Procurement charges and what needs to be reported • Expansion of the requirement to report canceled debt • New section 409A reporting requirements affecting deferred compensation to non-employees

State Reporting Requirements • Basic guidelines and overview of what various states require • State "new contractor" reporting requirements • State requirements to report payments to contractors throughout the year

Session Three - International Information Reporting
December 6, 2010; 11:00 a.m. - 1:00 p.m. ET

Topic

Identifying International Payees 1042-S  • IRS requirements to identify non-U.S. payees who may be subject to tax withholding and/or subject to reporting on forms other than Form 1099  • Collecting data for year-end reporting  • Validating Taxpayer Identification Numbers: SSNs, EINs, and ITINs • Identifying international payees  • IRS requirements to identify non-U.S. payees who may be subject to tax withholding and/or subject to reporting on form 1042-S • Verifying data on W-8, W-8BEN and form 8233 • How to determine whether a payment is subject to withholding and reporting

Session Four - Sales and Use Tax Training
December 13, 2010; 11:00 a.m. - 1:00 p.m. ET

Topic

Sales and Use Tax  • Key definitions and tax concept  • Difference between sales and use tax  • Tangible personal property vs. services • Tax characteristics  • Type of tax states • Local tax administration • Nexus determination • Sales tax decision making process      • Correctly accounting for sales and use tax at "point of purchase" and the "point of payment"      • Review of tax determination process and procedures      • Correctly accounting for tax when using procurement cards • Review of taxability of transactions commonly taxed at a multi-state level • Administration and records management      • Exemption certificates      • Record retention

Presented By...
Sean Evans, senior tax manager for DMA, our facilitator, is a highly respected expert in the area of S/U tax compliance, payroll, AP, and AR. For the past 12 years, Evans has facilitated nationally in S/U tax compliance, payroll management, and 1099/1042-S reporting, just to name a few areas.

Evans has conducted both public and on-site training courses in S/U tax and federal tax reporting. He has performed and directed nationwide managed audits, voluntary disclosures, transactional planning, nexus studies, matrix development, system surveys, procedure development, and corporate sales tax training. Evans possesses extensive experience in serving clients in the oil and gas industry, manufacturing, health care, technology, retail services, financial services, aerospace, and major construction.


Do you have a question regarding this seminar? We have your answer at aptraining@iappnet.org.