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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.

Learning Objectives

  • Identify the loopholes in sales tax laws that required the invention of use taxes
  • Recognize a taxable retail sale
  • Discover the many sales and use tax exceptions
  • Recognize how the delivery point rule applies to complex interstate transactions
  • Explore how to determine what gives you nexus

74 Reviews (221 ratings)Reviews

4
Member's Profile
I needed an overview on Sales and Use Tax. This course provides that. Also a model for considering if Sales, Use, or tax exemption.
5
Member's Profile
This topic has always been confusing and complicated to me. I like how he explained the basics of how the tax works. This provides the framework so that you can logically determine if you need to do further research on compliance in your state. The lecture was kept interesting as well.
5
Member's Profile
Wow, I wasn't aware of the extent and complexity in this area especially when it comes to Use Tax! I have to pay more attention to Use tax issues in the future and this material will serve as my go to resource. Well worth the time spent on this course!!!
5
Member's Profile
Really enjoyed the course even though I now recognize there are even more ways to be taxed than I previously knew about. Very easy to follow and learn the concepts.
5
Anonymous Author
This course is relevant especially to companies with inventory. It has indeed increased my knowledge of the difference between the sales and the use tax
5
Anonymous Author
Good introduction to topic. Breaks it down in manageable chunks of what seems very overwhelming when have multiple business locations across state lines.
5
Anonymous Author
Some of the guidelines on use tax surprised me. I will be sure to take inventory of gifts, samples and donations and file the taxes appropriately.
5
Member's Profile
Great class on sales and use tax. Takes away the complexity by providing easy to understand "golden rules". Highly recommend this class.
5
Member's Profile
Found the course informative especially about use tax related to sales tax. Examples helped explain how the two effect each other.
5
Member's Profile
Good discussion of the principles of SUT. I liked the explanations and the examples use to illustrate the concepts.
5
Member's Profile
Great course! Simple and easy to understand presentation. Learned something new about use tax and history of SUT.
5
Anonymous Author
Excellent course. Clarified some misconceptions. I feel that I have a better understanding of sales vs use tax.
4
Anonymous Author
good overview of sale & use tax. The information provided is useful for anyone working with sales & use tax.
4
Anonymous Author
This class was very informative and I learned some things I didn't know before about sales and use tax.
5
Member's Profile
This course is very enlightening, it clearly explained the difference between sales and use tax.
5
Member's Profile
A brief, yet thoughtful and helpful, primer on understanding the facets of sales and use taxes.
5
Member's Profile
I deal with sales/use tax. This was good refresher for those dealing with sales/use tax.
4
Member's Profile
Explained a complex area in simple terms, and the real world examples were helpful.
5
Member's Profile
I really enjoy the speaker/teacher, Jim Frazier. Thanks and God bless. Mark Elders
4
Anonymous Author
It was pretty straight forward and not very time consuming. Also very informative.
5
Member's Profile
great overview for non-sales tax experts. Great examples to support the rules.
5
Member's Profile
Very enlightening discussion of a little-known topic. This was eye-opening.
5
Anonymous Author
Very informative. Is a good review, especially for interstate transactions.
4
Member's Profile
Excellent review of Sales and Use Tax. Very knowledgeable Instructor.
5
Member's Profile
Excellent class. The instructor makes it simple and understandable.
5
Anonymous Author
Very clear explanation and good examples of real-life transactions.
5
Member's Profile
Good reinforcement for what I THOUGHT I knew (and I actually DID).
4
Member's Profile
Informative structure; a bit too much repetition in Slides pdf.
5
Member's Profile
Very practical information in an easy to follow presentation
2
Anonymous Author
This is a very basic course for non-tax professionals.
4
Member's Profile
Very informative. Good examples of everyday situations.
3
Member's Profile
works for what i need to renew my cpa and cia licenses.
5
Member's Profile
Very good introduction to what can be a complex topic.
5
Anonymous Author
Great lesson, overview, and presentation. Thank you.
4
Anonymous Author
The material was exposed in a very detailed manner.
5
Member's Profile
Very straightforward learning and easy to follow.
5
Member's Profile
Very helpful to understand basic Sales and Use tax
4
Anonymous Author
Thorough and clear presentation of the concepts!
4
Anonymous Author
Slides were a bit odd with a lot of duplication.
5
Anonymous Author
Instructor did well explaining the material.
3
Member's Profile
The maps were confusing and hard to follow.
4
Anonymous Author
Good overview of the topic, but too basic.
5
Anonymous Author
Great explanation of use taxes and nexus!
3
Anonymous Author
Hard to set aside time to complete course
5
Member's Profile
Very in depth look at a complex topic.
4
Member's Profile
It was comprehensive and knowledgeable
5
Anonymous Author
Very engaging and effective instructor
5
Member's Profile
Good introductory course to the topic
4
Anonymous Author
Very informative and easy to follow.
5
Member's Profile
Great explanation and examples.
5
Anonymous Author
very informative, thank you!
5
Member's Profile
Great real world examples.
4
Member's Profile
jim, i am okay with him
4
Member's Profile
Great new topic for me
5
Member's Profile
explanation of use tax
4
Member's Profile
Great example provided
5
Anonymous Author
Great course, thanks!
5
Member's Profile
Quick easy overview.
5
Member's Profile
good general course
4
Anonymous Author
Some useful info
5
Anonymous Author
Very informative!
5
Anonymous Author
Very Informative
4
Anonymous Author
very informative
5
Anonymous Author
Great overview.
5
Member's Profile
Good overview.
4
Anonymous Author
nice overview
5
Anonymous Author
Great course.
5
Anonymous Author
Great review
5
Anonymous Author
Great Course
4
Anonymous Author
Good course
5
Anonymous Author
Good Course
5
Member's Profile
Nice
4
Member's Profile
none
4
Anonymous Author
n/a

Prerequisites

Course Complexity: Intermediate

Prerequisite: Exposure to US sales tax

 

Advanced Preparation: None

 

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
INTRODUCTION AND OVERVIEW
Loop Holes
  5:44Loop Holes
  9:22Withdrawal from Inventory
Taxes Defined
  8:14Defining USE
  8:29There are Exceptions
  9:29Taxable Retail Sales
Timing
  5:19Timing
CONCLUSION
  7:34Delivery Point Rule, Nexus, and Conclusion
Continuous Play
  1:03:07The Golden Rules of Sales and Use Taxes - The Basics
REVIEW & TEST
  PDFSlides: The Golden Rules of Sales and Use Taxes
  PDFThe Golden Rules of Sales and Use Taxes Glossary/Index
REVIEW & TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM