Sales and Use Tax Audits: Internal Controls, Risk Assessment, Identifying Pitfalls, Effective Strategies
Note: CLE credit is not offered on this program
Recording of a 110-minute CPE webinar with Q&A
This course will provide counsel and tax professionals effective strategies and best practices for avoiding and handling state sales and use tax audits. The panel will offer their guidance current internal audits to identify items of concern and tactics to keep potential state audits on track and completed efficiently.
Outline
- Identifying and controlling sales and use tax risks
- Unanticipated sales and use tax exposure and effective due diligence
- Conducting an effective internal sales and use tax audit
- Maintaining deadlines, forms, letters, agreements, and transactions
- Practical tactics for handling state audits and assessments
Benefits
The panel will review these and other key issues:
- Performing a risk assessment to identify sales and use tax exposure
- Effective due diligence and reducing the impact of unanticipated sales and use tax issues
- Methods in conducting an internal sales and use tax audit
- Developing policies and procedures in maintaining deadlines, forms, agreements, and transactions
Faculty
Joseph N. Endres
Partner
Hodgson Russ
Mr. Endres works with business clients on a wide range of state and local tax issues, particularly involving New... | Read More
Mr. Endres works with business clients on a wide range of state and local tax issues, particularly involving New York state taxes, and also on matters involving federal and state tax credits and other incentives. He speaks frequently on New York State and multi-state tax topics.
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Michael T. (Mike) Dillon
President
Dillon Tax Consulting
Mr. Dillon is an attorney and founder specializing in multistate sales and use tax matters for multistate and... | Read More
Mr. Dillon is an attorney and founder specializing in multistate sales and use tax matters for multistate and multinational businesses. For more than 25 years, as leader of his firm, practice leader for global accounting firms and in-house for two publicly-traded E-commcerce and Technology companies, Mr. Dillon has successfully helped companies identify multistate nexus, negotiate settlements of historical exposure, register and automate sales tax compliance processes, and address risk during M&A activity. He has successfully represented taxpayers in over 200 sales tax audits, and 500 Voluntry Disclosure Agreements (VDA), often coming in when “all hope is lost” to beneficially resolve the matter. Mr. Dillon is a member of the State and Local Tax Advisory Board for Strafford Publications. He is highly sought to lecture and author articles on sales tax matters for organizations such as AICPA, Strafford, BNA, CCH and the Center for Professional Education.
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Joseph F. Geiger, Jr., Esq., CPA
Consulting Tax Manager
Vertex
Mr. Geiger works with the company's Tax Process Consulting Group and has more than 25 years of experience with... | Read More
Mr. Geiger works with the company's Tax Process Consulting Group and has more than 25 years of experience with income, sales and use and other taxes, with particular expertise in tax appeals, audit controversies and reverse audits. He also has experience with taxation of P-card purchases. In addition he has worked in tax compliance for corporations and for public accounting firms.
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