Fundamentals of State and Local Taxation
Learning objectives
After completing this course, the learner should be able to:
- Identify and describe the different types of state and local taxes
- Define nexus
- Explain state nexus standards and recognize activities that create nexus for both sales tax and corporate income tax
- Define voluntary disclosure agreement and explain the related process
- Identify the various apportionment factors and methods used by states
- Recognize various rules and concepts regarding the sales factor
- Calculate state apportionment
- Define the various forms of state tax conformity to the Internal Revenue Code
- Identify common federal and state tax differences and apply them to the calculation of state taxable income
- List and explain various filing requirements for pass-through entities
- Recognize evolving state and local tax laws
Instructor bio
Janelle Wilson Simpson worked for Deloitte Tax in London, England and Seattle, WA as a Tax Manager. She taught as an Adjunct Professor at Utah Valley University. She now provides tax consulting and compliance services independently.
A Becker Professional Education is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Becker Professional Education Sponsor I.D. Numbers NASBA: 107294, New York: 002087, New Jersey: 20CE00226700, Texas: 009580, Ohio: CPE.186, Illinois 158.002405, Pennsylvania: PX177823