Recent Updates for State and Local Reporting
Join us and discover proven methods for more efficiently meeting your State level compliance and reporting requirements as well as get updated on important changes in the law. This is one of the most important topics your organization needs to address. More and more states are partnering with the IRS s to concentrate enforcement efforts on payments made by U.S. organizations within individual states that are currently not being reported.
Understand the basics of state reporting and explore best practices for determining your reporting requirements - including those brought about by recent changes in state information reporting laws. After attending you will know how to determine which states have reporting requirements that apply to your organization. You'll also understand what sales & use, and combined federal/state program compliance risks face your organization and how you should respond.
Identify state tax rules that your organization's staff needs to understand prior to filing season:
• Determine which states have jurisdiction over a given organization’s business operations.
• Compare and contrast the combined federal state filing programs benefits and shortcomings
• Analyze particular state reporting requirements in detail.
• Determine what sales and use compliance risks your organization faces and assess how your organization should respond.
• Define your organization’s exposure to unclaimed property legal liability and “holder” due diligence requirements under state law.
Steven Mercatante is the principal and founder of TIR Consulting, LLC. He is a nationally recognized leader in tax reporting education and consulting on specialized compliance issues. He has conducted on-site consultation for corporate clients from across the world and led countless seminars and webinars for Convey Compliance Systems, IAPP, Balance Consulting, The Accounts Payable Network, Accounts Payable Now and Tomorrow, Progressive Business Conferences, The Center For Competitive Management,... View Full Profile