Not currently accepting new students
***This course is being updated for the recent changes in 2018***
Hey folks. Sorry, but given the recent Supreme Court ruling on internet-sold state taxes, this course is being re-worked. We hope to have an updated course done for you soon!
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
Last updated/reviewed: September 18, 2018
75 Reviews (240 ratings)Reviews
Lorna Fisher
(Retired Finance Professional with active.. at Retired and enjoying time to pursue pers..)
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.
Torin Campbell, CMA
(Controller at Form-A-Fab)
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!!!
Lawrence Hirsch
(Controller at Builders design)
Great basic overview as to Sales and Use Taxes. A few Golden Nuggets in there that make this a very worth while course. Presenter well spoken and easy to listen to.
George Welch
(Staff Accountant at Correct Care Solutions)
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.
Anonymous
(President)
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
Anonymous
()
Good introduction to topic. Breaks it down in manageable chunks of what seems very overwhelming when have multiple business locations across state lines.
Anonymous
(-)
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.
Lilian Dendrinos
(consultant at DLC Group)
Great class on sales and use tax. Takes away the complexity by providing easy to understand "golden rules". Highly recommend this class.
Micheal Gregor
( at Tervita)
I needed an overview on Sales and Use Tax. This course provides that. Also a model for considering if Sales, Use, or tax exemption.
Grant Brannum
(Agent at Treasury)
Found the course informative especially about use tax related to sales tax. Examples helped explain how the two effect each other.
Keith Johnson
(Director SOX Compliance at Waterjet Holdings)
Good discussion of the principles of SUT. I liked the explanations and the examples use to illustrate the concepts.
Tahj Bomar
(Purchasing Manager at Harley Marine Services (HMS))
Great course! Simple and easy to understand presentation. Learned something new about use tax and history of SUT.
Anonymous
(Sr. Accountant)
Excellent course. Clarified some misconceptions. I feel that I have a better understanding of sales vs use tax.
Anonymous
(Tax Accountant)
good overview of sale & use tax. The information provided is useful for anyone working with sales & use tax.
Anonymous
(CFO)
This class was very informative and I learned some things I didn't know before about sales and use tax.
MARIA LUISA DE GUZMAN
(Manager - Billing Staff & Financial Resu.. at Harbor Rail Services of California)
This course is very enlightening, it clearly explained the difference between sales and use tax.
Christian Fregin
(Controller and Supply Chain Manager at Schlafly Beer - The Saint Louis Breweryâ..)
A brief, yet thoughtful and helpful, primer on understanding the facets of sales and use taxes.
Sid Davis
(Accounting at Twin Eagle Resource Management)
I deal with sales/use tax. This was good refresher for those dealing with sales/use tax.
Michael Ward
(Head of Global Internal Audit at Mylan)
Explained a complex area in simple terms, and the real world examples were helpful.
Mark Elders
(Staff Accountant at Buffalo Rock Company)
I really enjoy the speaker/teacher, Jim Frazier. Thanks and God bless. Mark Elders
Anonymous
(-)
It was pretty straight forward and not very time consuming. Also very informative.
Michael Parish
(Manager - Accounting/Analysis at Aon)
great overview for non-sales tax experts. Great examples to support the rules.
Jacob Rothman
(Portfolio Manager at Rothman Investment Management)
Very enlightening discussion of a little-known topic. This was eye-opening.
Anonymous
(Controller)
Very informative. Is a good review, especially for interstate transactions.
S Marie Vernon
(- at --)
Excellent review of Sales and Use Tax. Very knowledgeable Instructor.
Rob Germundson
(CFO at Frictionless World)
Excellent class. The instructor makes it simple and understandable.
Anonymous
(Controller)
Very clear explanation and good examples of real-life transactions.
Theodore Zeck
(Accounting Systems Specialist at Whitestone REIT)
Good reinforcement for what I THOUGHT I knew (and I actually DID).
Gwen Clemings
(Senior Consultant at Sirius Solutions, LLP)
Informative structure; a bit too much repetition in Slides pdf.
Shirley Bailey
(Board Member at GMR Protection Resources)
Very practical information in an easy to follow presentation
Anonymous
(Senior Director, Sales & Use Tax and Val..)
This is a very basic course for non-tax professionals.
Nikita Patel
(Consultant at DLC Group)
Very informative. Good examples of everyday situations.
Jennifer Bor
(Sole Practitioner at Accounting and Business Management Consu..)
works for what i need to renew my cpa and cia licenses.
Martin Clancy
(CFO at DataCore Software)
Very good introduction to what can be a complex topic.
Anonymous
(-)
Great lesson, overview, and presentation. Thank you.
Anonymous
(CPA)
The material was exposed in a very detailed manner.
Barbara Carlin
(CAO at Egalet)
Very straightforward learning and easy to follow.
Saehee Kim
(consultant at dlc)
Very helpful to understand basic Sales and Use tax
Anonymous
(Associate with Two Degrees)
Thorough and clear presentation of the concepts!
Anonymous
(Accountant II)
Slides were a bit odd with a lot of duplication.
Anonymous
(Manager, Accounting)
Instructor did well explaining the material.
Jeffrey McAbee
(CPA at Self-employed)
The maps were confusing and hard to follow.
Anonymous
(Consultant)
Good overview of the topic, but too basic.
Anonymous
(Vice President - Strategy, Corporate Dev..)
Great explanation of use taxes and nexus!
Anonymous
(Purchasing)
Hard to set aside time to complete course
Simon Adell
(Chief Financial Officer at Undisclosed)
Very in depth look at a complex topic.
Qasim Mahmood, CPA, CFE, CIA..
(Consultant at Clark Schaefer Consulting LLC)
It was comprehensive and knowledgeable
Anonymous
(None)
Very engaging and effective instructor
Kevin Barnes
(- at Next Level Solar)
Good introductory course to the topic
Anonymous
(Finance Assistant and Contract Administr..)
Very informative and easy to follow.
Katie McAvoy
(CFO at MedWright Services, Inc.)
Great explanation and examples.
Anonymous
(Senior Accountant)
very informative, thank you!
Terri Salazar-Rodriguez
(None at None)
Great real world examples.
Nicholas Mandrus
(Controller at Institute of Contemporary Art, Miami)
jim, i am okay with him
Robert Godfrey
(CPA at Robert Godfrey, CPA)
Great new topic for me
Mistie (Mendoza) Aker
(Budget & Accounting Manager at DES/Division of Child Support Services)
explanation of use tax
Lea Ann Hebb
(- at -)
Great example provided
Anonymous
(VP, Finance)
Great course, thanks!
Pamela LaPlaca, CPA
(Controller at EG USA)
Quick easy overview.
Frank Perillo
(Not Provided at Frank Perillo CPA)
good general course
Anonymous
(Assistant Controller)
Some useful info
Anonymous
(-)
Very informative!
Anonymous
(Controller)
Very Informative
Anonymous
(Accountant)
very informative
Anonymous
(Consultant)
Great overview.
Niketa Patel
(Oracle Financial Analyst at N/A)
Good overview.
Anonymous
(-)
nice overview
Anonymous
(Administrator)
Great course.
Anonymous
()
Great review
Anonymous
(Senior Director & Controller, Finance)
Great Course
Anonymous
(Controller for Americas BU)
Good course
Anonymous
()
Good Course
Gurwinder Singh
(Team Lead at Escalon Services Pvt Ltd.)
Nice
Erin Milroth
(Assistant Controller at -Edifice, Inc.)
none
Anonymous
(Senior Associate)
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 .