Audio Conferences

  September 12, 2005 at 02:00PM ET

Currently, thousands of state and local jurisdictions have the right to impose sales and use taxes—resulting in a quagmire of different rules, varying rates, multiple characterizations and audits of the same transaction by different tax authorities.

The Streamlined Sales Tax Project (SSTP) —coming into effect on October 1, 2005—will simplify and modernize sales and use tax collection and administration.

42 states and the District of Columbia are working together on the SSTP to simplify and modernize sales and use tax collection and administration. The goal of the project is to reduce the burdens and costs that are imposed on local and remote sellers of property and services under the current systems for collecting, reporting and remitting taxes.

Will your organization be affected when SSTP goes into effect on October 1?

Join IOMA and Balance Consulting in this invaluable audio conference designed to answer your questions regarding the changes SSTP will bring.

In just 90 minutes, you will:

• Learn how the SSTP will change your daily sales and use tax compliance procedures.
• Learn what states will be ready and what that will mean to your company. Are you ready for the October 1st date when the SSTP will have a governing body of states?
• Learn how states will help cover the cost of implementing, approved sales tax software to assist a company through sales and use tax reporting.
• Explore what tax definitions have changed for key items such as freight, discounts, computer related transaction, and more.
• Understand how the SSTP has changed how a company will handle the almost 7,000 local taxes.
• Gain insight into the requirements for submitting only ONE tax return per each taxing state.
• Review the NEW standardized resale and exemption certificate. Only one form will be needed in the future which will save time and money. Are you ready for the transition?
• Look ahead at what changes will be upcoming and receive information on how to be ready before the changes happen.
• Explore how you will reduce you tax exposure by using a Certified Service Provider to help you with your sales tax compliance.

FEATURED FACULTYL

Sean Evans, Balance Consulting