The overall goal of this course is to help you understand how sales and use taxes really work.
We explain a little of the history of sales taxes and why use taxes had to be invented. We also discuss the fundamental defining event in sales tax - the taxable retail sale - defining what it is and where it happens. Then we unravel the complexities of sales and use tax laws. Finally we explain what nexus means and how it can spell trouble for your business.
Review Questions: The Golden Rules of Sales and Use Taxes - The Basics
FINAL EXAM: The Golden Rules of Sales and Use Taxes - The Basics
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Based in Silicon Valley, CA, Illumeo serves thousands of corporations and corporate professionals across Finance, Accounting, Human Resources, Sales and Marketing. The platform offers assessments, industry-benchmarked competency analyses, hundreds of expert-developed courses, collaborative tools, and the ability for companies to self-publish internal courses that promote institutional knowledge retention and dissemination.
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Currently, Jim Frazier is president of Take Charge Seminars, a training company specializing in seminars, webinars and publishing on sales and use taxes and other accounting topics. Since 2005, he has been writing and publishing one of the only sales tax blogs in the world, The Sales Tax Guy.
President : The Gadwall Group, Ltd. - [1999-06 to Current]
Beginning in 1998, I have been a professional seminar leader and trainer. I've been doing training on technical financial programs including accounting for non-accountants, accounts payable, and payroll (tax and employment law). And, since 2003, I've been almost exclusively leading seminars on sales and use taxes. Prior to this, my 40+ year career includes accounting management and controller positions, as well as jobs involving sales and consulting.
BSC, Accounting : DePaul University