Restaurant Sales Tax Obligations: Managing Audit Risks, Multistate Compliance, and State Specific Exemptions
Note: CLE credit is not offered on this program
Recording of a 110-minute CPE webinar with Q&A
This webinar will take an in-depth look at how states tax restaurant sales. Our sales tax experts will detail the critical differences in how types of sales are taxed among states and state-specific exemptions. The panel will offer advice for accumulating, calculating, and remitting sales tax paid by food establishments operating in multiple states.
- Economic nexus
- Restaurant specific issues
- Third-party delivery services
- Tax base
- Delivery charges
- Service fees
- Tax types
- Beverages and alcohol
- Prepared foods
- Real estate
- State specific exemptions
- Multistate compliance
- State enforcement
The panel will review these and other complex matters:
- What common state exemptions are available for restaurants?
- How can tax practitioners help food establishments prepare for potential sales tax audits?
- How does sales tax charged vary with the type of product sold for food operations?
- How are restaurants affected by states' marketplace facilitator rules?
Jeffrey Monsman, JD
Director, State & Local Tax Services
Mr. Monsman provides a variety of state and local tax services to GBQ’s clients. His practice focuses primarily... | Read More
Mr. Monsman provides a variety of state and local tax services to GBQ’s clients. His practice focuses primarily on indirect taxes, including multistate sales/use taxes and real/personal property taxes. Mr. Monsman leads the firm’s unclaimed property service offering, and he also has extensive experience assisting clients with income/franchise tax matters.Close
Matthew E. Stamp, JD, LLM
Director of State & Local Tax Services
Mr. Stamp has over 22 years of experience in state and local tax servicing clients in the restaurant, manufacturing,... | Read More
Mr. Stamp has over 22 years of experience in state and local tax servicing clients in the restaurant, manufacturing, contracting, retail, financial and service industries. He has significant experience managing state and local tax compliance issues, performing tax technical research, assisting clients with transactional analysis and tax controversy. Mr. Stamp's practice focuses primarily on multistate sales/use taxes, income and franchise taxes, tax credits and economic development opportunities.Close