Fundamentals of State and Local Taxation
This course will be an overview of: The basics of state and local taxes and common types of state and local taxes. State nexus requirements and factor presence in nexus. The basics of the Voluntary Disclosure Agreement offered by most states. State apportionment, including apportionment factors and apportionment methods. Federal and state tax differences for income tax purposes. State filing requirements for pass-through entities. Evolving state and local tax law, including the Wayfair decision and the impact it has on state sales tax.