Instructor for this course
more

For 50 years, out-of-state sellers have relied on the “physical presence” test to determine if they had sales and use tax nexus in a particular state.  And for 50 years, those states have been struggling with that test.  The physical presence test shielded most out-of-state sellers from having to worry about collecting state sales and use taxes.

That all changed with the Supreme Court’s decision in June 2018 in South Dakota vs. Wayfair.  The court said that economic nexus was the new standard, and eliminated the physical presence test as protection for sellers.  This decision has opened the way for the states to assert that most interstate sellers now DO have nexus in their states.  The ramifications may be overwhelming for many businesses.  

In this program, you’ll learn the basics of nexus, the foundation of the legal issues, how physical presence shielded most out-of-state sellers, how small businesses are protected under the new decision, what states and Congress are doing, and what YOU need to do.

Learning Objectives

  • Discover what “nexus" means.
  • Discover what tax professionals call “Wayfair”.
  • Explore the legal history behind the Wayfair decision.
  • Explore how to prepare your business for the post - Wayfair world 
  • Discover the features of South Dakota’s tax structure and how that may not work for other states.

 

Last updated/reviewed: November 6, 2019

18 Reviews (72 ratings)Reviews

4
Member's Profile
Good overview of topics I had heard about but didn't have definition or understanding of, eg definition of Nexus, voluntary disclosure, Commerce clause.
5
Anonymous Author
Great course - Jim's presentation on sales tax is worthwhile in the light of Wayfair.
4
Member's Profile
I am a CPA and was frustrated by the recommendations to call a professional --I am the professional people would call, and I was hoping the course would provide me with the information to do that part of my job. The information provided was good though. I just need a more advanced course.
4
Member's Profile
=This is a thorough course outlining court cases leading up to the Wayfair decision, criteria addressed in Wayfair, and other factors to consider when determining the impact of the myriad state laws that may apply to interstate sellers.
5
Anonymous Author
I haven't paid much attention to Sales Taxes in a few years since I no longer work around them, so this was useful in updating my knowledge with some of the more recent changes and some history I wasn't aware of.
5
Anonymous Author
Excellent instructor with great information on this important topic. Sales tax is becoming increasingly important in my daily activities so this was a good refresher and presentation on this topic.
5
Member's Profile
This was very informative and very up to date. I feel like this 60 minute class gave me exactly the knowledge I need to speak about sales and use tax today
5
Member's Profile
Great topic of pretty recent situations. Thank you for bringing a real life situation to this evolving sales tax issue.
5
Anonymous Author
Awesome overview -- the history of how the laws have changed over time and practical guidance were very helpful.
5
Member's Profile
A very informative introductory course. Really liked the presenter: clear, to the point and not boring.
4
Member's Profile
I enjoyed this course, and I thought the overview over the Wayfair case was informative and helpful.
5
Anonymous Author
Good presentation and great instructor. Will be watching for the changes coming in my state.
4
Member's Profile
Great Comprehensive review of this decision to those unfamiliar with SALT concepts.
5
Anonymous Author
Good overview of nexus and examples of things to look out for in the coming years.
5
Anonymous Author
Excellent from an engaging instructor. Will be watching for additional updates.
3
Anonymous Author
It was fine. I thought it would go more into the details of Wayfair vs. SD.
5
Anonymous Author
It was informative, I am glad there is CPE for this recent ruling
5
Anonymous Author
Had good information to help make a better informed decision.

Prerequisites

Course Complexity: Foundational

No advanced preparation or prerequisites are required for this course.

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
  5:44Introduction to Updated Sales and Use Tax Nexus in the aftermath of South Dakota vs. Wayfair
  8:40What Has Changed
  7:29The Physical Presence Test
  10:22Court Cases
  10:09Rules, Sales Tax & Changes Coming
  5:54Should You Worry?
  9:29What Should You Do & Conclusion
CONTINUOUS PLAY
  57:46Updated Sales and Use Tax Nexus in the aftermath of South Dakota vs. Wayfair
SUPPORTING MATERIALS
  PDFSlides: Updated Sales and Use Tax Nexus in the aftermath of South Dakota vs. Wayfair
  PDFUpdated Sales and Use Tax Nexus in the aftermath of South Dakota vs. Wayfair Glossary/Index
REVIEW AND TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM