Join Tram Le and Judy Vorndran at TaxOps as they delve into the benefits and caveats of automating state and local tax compliance in this CPE for taxpayers and providers.

State and Local Tax Automation: Tools and Techniques to Facilitate Compliance

Tuesday, March 19, 2024 | 1:00 pm – 2:50 pm EDT | 11:00 am – 12:50 pm MDT

This webinar will discuss the benefits and caveats of automating state and local tax compliance. Our panel of notable SALT veterans will identify the most beneficial uses of technology, review available systems, and provide recommendations to maximize an investment in automation for businesses struggling with multistate SALT compliance.

Description

The plethora of state taxes, including sales tax, income tax, payroll, property, local taxes, and VAT, along with differing rules for every jurisdiction, make automating SALT compliance an imperative for multistate businesses. Utilizing technology can streamline state and local tax processes, ease compliance burdens, and save tax dollars. Often, the cost of technology is recouped in time.

A comprehensive review of state and local tax processes and investment in automated solutions is a must. Performing the review and selecting a technology solution can be overwhelming. However, a well-maintained system can analyze data for cost savings and provide concrete resources for audit defense. SALT practitioners and multistate companies need to understand the technological resources available to assist with the time, cost, and concerns surrounding SALT compliance.

Listen as our panel of state and local tax experts explains best practices for implementing and reviewing SALT technology.

Outline

  • State and local tax automation: introduction
  • Utilizing SALT technology
    1. State income taxes
    2. State and local taxes
    3. Payroll tax
    4. Property tax
    5. Other taxes
  • Selecting a system
  • Technology and SALT audits
  • Best practices

Benefits

The panel will cover these and other critical issues:

  • How automation can help alleviate the compliance burden for state income tax compliance
  • Systems available to aid with state and local taxes
  • Specific benefits of automating sales tax reporting and remittance
  • How technology can be used to defend state and local tax positions when audited

About Tram Le, CPA, JD, Senior Tax Manager  

Ms. Le is a CPA and licensed attorney specializing in tax strategies for growing businesses. She works closely with clients on a variety of state and local tax (SALT) issues and assists businesses in responding to notices issued by taxing jurisdictions. Ms. Le has represented taxpayers before the IRS and the U.S. tax court and assisted clients with complex tax issues including offers-in-compromise and audit reconsiderations. She is a frequent speaker and writes the Spreading SALTovation column for Tax Notes. Tram can be reached at tle@taxops.com.

About Judy Vorndran, CPA, JD, Partner  

Ms. Vorndran helps clients and tax professionals navigate the morass of state and local tax issues with the goal of making it less “taxing!” She is a nationally recognized thought leader and award-winning instructor with a steady focus on finding ways to simplify complex state and local tax issues and resolve areas of state tax controversy. Judy is a frequent speaker and writer on issues that impact taxpayers, providers and governments and can be reached at jvorndran@taxops.com.

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