Digital Sales Tax Update: What You Need to Know Now
Your company's sales tax compliance just got more complicated.
In the race for additional revenue, states are becoming more aggressive in their stance on taxing digital goods and services, and now, on digital advertising and user data. A handful of states have legislation in the works regarding taxing digital advertising and user data, and you can expect even more of this to come as additional states are expected to follow.
Join sales tax expert Pamela Fagan Shull for an update on the most current rules regarding sales and use tax on digital products, and how to comply with these complex regulations. You’ll learn:
- The impact of a digital advertising sales tax on both accounts payable and receivable
- Which states are looking to impose digital advertising sales tax
- How to identify if sales tax should be charged on your company’s digital products
- Keys for determining the rate of tax your company should charge – or pay
- How to avoid the top compliance errors and red flags auditors look for
Complying with the Latest Digital Sales Tax Regulations
- Where to find specific taxability rules and regs that apply to your organization
- Recordkeeping guidelines to help prove accurate sales tax was paid or collected
- Keys to keeping up to date on digital sales tax changes as they happen
- Sales tax best practices for proving compliance and surviving an audit
- States that have drafted digital advertising sales tax bills and the implications
Handling the Challenging Digital Sales Tax Issues
- How to determine taxability from both the payables and receivables point of view
- Consideration for using third party a sellers and the tax liability issues
- Difference between digital goods, prepackaged software, and cloud services
- Buyer vs Seller: who has the tax liability on digital products sales tax
- Understanding how software is taxed at the state level and across jurisdictions
- Determining if sales tax applies to digital products your company purchases
About the Speaker
Pamela Fagan is president of Audit Business Services, Inc. She is a management consultant and compliance auditor to government, business, and associations with global perspective. She has fifty years of experience in human resources, management, accounting and finance. She has been an Executive Vice-President for a manufacturing plant; director of accounting and personnel, and CEO for a nationwide rental company, business manager for a non-profit opera company; and currently is the operations manager for a Native American non-profit organization.She is a member of the American Payroll Association. She has her SPHR certification with SHRM, CPP (certified payroll professional) certification with American Payroll Association, TFOC (tribal finance officers certification) with Native American Finance Officers Association, and her THRC (tribal human resources certification).
Discover the latest compliance requirements for collecting sales tax on digital products your company sells, or to ensure you've paid accurate tax on digital products your company purchased. You’ll learn how to determine when nexus applies and in which state.
If you'd like this program customized for your organization, call us at 1-800-964-6033. We're certain we can fulfill your training needs, while making it fit in your budget!
This program has been approved for 1 (HR (General)) recertification credit hour toward aPHRTM, aPHRiTM, PHR®, PHRca®, SPHR®, GPHR®, PHRiTM and SPHRiTM recertification through the HR Certification Institute. Learn more at hrci.org