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A CRITICAL SALES TAX UPDATE FOR AMAZON FBA SELLERS

Cost Free
Presentation Length 1.5 hours

Recorded DateFebruary 12, 2018
CPE:Not available
(archived webinars do not offer CPE credits)
Subject AreaTaxes (Sales Tax)
Course LevelBasic
Series: Sales Tax, Taxes
Course Description

You may have heard in the recent news: Amazon has agreed to share sensitive seller data to the state of MA, and it has created a near panic for online sellers across the country. As in any panic, people tend to overreact. We have already seen a number of responses that will lead sellers down the wrong path. We’ll tell you the three most ridiculous ones we’ve heard.

Join Andrew Johnson, CPA and Michael Fleming for an informative session where we will answer questions about how this may change the game for online sellers in other states, including:

1.    What exactly does the notice that Amazon sent to sellers about Massachusetts mean
2.    Is MA going to hit my clients up for back taxes, penalty and interest
3.    What if clients are already registered in MA, what can I do to protect them
4.    Is there an Amnesty program in place in MA, or in other states 
5.    Is MA going to share this info with other states, and do we expect other states follow the same approach
6.    Can my clients avoid penalties by opening a new entity or closing the Amazon account 
7.    Which other states are big, or bigger, sales tax problem state for FBA sellers
8.    What about notice and reporting, economic nexus 
9.    What is the Wayfair case all about

Bring your questions, we will provide lots on interactive Q&A.

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PLEASE NOTE: ARCHIVED WEBINARS DO NOT QUALIFY FOR CPE
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Andy graduated with a master’s degree in accounting with emphasis in Taxation from Brigham Young University. He began his career in state taxation with Arthur Anderson, then after 4 years at Arthur Anderson, he partnered with Jerry Peisner and in 1992 founded Peisner Johnson & Company, LLP. Andy is an experienced professional in state and local tax matters and has consulted hundreds of companies in virtually every industry across the country. He is also a member of the AICPA and the Texas Society of CPAs. Peisner Johnson, founded in 1992, is the largest national CPA firm that is focused entirely on solving state and local tax issues. Peisner Johnson is comprised of former state auditors and other professionals with years of state and local tax experience. Peisner Johnson has experience with clients of all sizes, in all industries and currently works in all 50 states, U.S. territories and Canadian Provinces.

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Mike is the founder of Michael J Fleming & Associates dba Sales Tax and More. Prior to beginning this new venture, Mike spent the better part of a decade with Peisner Johnson, an accounting firm that is focused entirely on solving state and local tax issues. Mike’s state tax knowledge is well rounded, but he is one of the country’s leading authorities when it comes to eCommerce, nexus, and drop shipping. Mike is often quoted by the press on these topics. Mike is a frequently requested speaker sometimes presenting at 2-3 live webinars a week and traveling across the country to speak at some of the industry’s biggest events. Mike is a prolific writer having authored an untold number of industry white papers, articles and blog posts. Mike was born in New Your City where he began his career on Wall Street. He moved to Dallas in 1989, where he met his wife Dorinda. They now live about 30 miles east of Dallas in Heath, Texas where they are affectionately known as Heathens

About Our Sponsor

Avalaralogo
Avalara helps businesses of all sizes get tax compliance right. We provide prebuilt integrations with the big-name financial and business management systems you trust, as well as a robust API for do-it-yourself business builders. Avalara delivers cloud-based compliance solutions for transaction tax types, like sales and use, VAT, GST, excise, communications, lodging, and more. If you are an accounting practitioner, Avalara has a suite of Avalara for Accountants solutions, purpose-built to help you directly support your clients. We’re headquartered in Seattle, with offices across the U.S. and in Canada, the U.K., Belgium, Brazil, and India.