Compliance & Advisory:
Roadmap to Your Sales and Use Tax Practice Model
Sales and Use Tax (SUT) had a turning point in 2018 following the Wayfair decision where compliance reporting requirements expanded significantly in the digital, e-commerce world we operate in. To stay compliant, businesses are expected to understand and navigate these uncharted waters, bringing about confusion and the need for proactive outreach from their Trusted Business Advisor™. With the changing regulatory environment as well as the increased market demand, firms have an emerging opportunity to develop proactive services to ensure compliance.
This workshop will give practitioners the roadmap they need to build a successful SUT service model, turning a reactive service into a high value, fast-growing revenue line. The instructors of this interactive workshop will share best practices and strategies that have been proven in practice to help you expedite the development of this practice area.
*Early Bird Expiration: One month prior to event
CPA.com (Registration # 108347) 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 web site: www.nasbaregistry.org
Program Level: Intermediate
Prerequisite: 2+ Years Tax Preparation Experience
Delivery Method: Group-Live
Field of Study: Business Management and Organization
Number of CPE credits: 15
No advanced preparation is required to participate in this workshop.
Define the fundamentals of a successful SUT practice and outline potential strategies for packaging the firm’s offering.
Create the core aspects of the business plan for your practice’s SUT service.
Prepare methods for assessing client requirements and profiles that have the greatest demand for SUT advisory and compliance services.
Evaluate technology options to scale and grow your SUT services.
The accounting landscape is changing rapidly. In a word, Complexity, defines the single greatest challenge, and opportunity, facing CPAs. Firms are rethinking their strategies for practice management, client services and talent development.
CPA.com is your primary source for taking the complexity out of moving your Firm into the digital arena — enabling you to focus on growing your business with the smartest solutions in our industry.