May Tax Seminar at LIU Post
LIU Post School of Professional Accountancy
Tax & Accounting Institute
Tuesday, May 14th, 2019
Sales And Use Tax In New York
New York State and many of its subdivisions impose a sales and use tax on a wide range of transactions covering almost every aspect of commercial activity. The rules are often arcane, presenting a variety of traps for the unwary, many of which result from recent changes in the sales tax laws and the underlying administrative procedures.
Sales and use tax liabilities are particularly dangerous, since they are levied upon the gross taxable sales of the business, and potentially create a personal liability of the participants and their advisors in the business. It is important to understand how sales tax audit and collection procedures differ substantially from their income tax counterparts, and the record keeping techniques necessary to avoid draconian arbitrary assessments or even criminal prosecutions.
This course will address the very latest legislative and judicial developments affecting sales and use tax, as well as, the foundational and long-standing rules which every New York practitioner should be familiar with.
You will learn
- How to determine whether goods and services are taxable or exempt.
- How the context and form in which goods and services are sold can affect taxability.
- How to structure transactions to reduce or avoid the New York Sales and Use Tax.
- How the new repair regulations interact with the capital improvement exemption.
- How digital and cloud computing products and services are taxed.
- How to “audit proof” a business’s traditional or computerized books and records.
- How business owners can avoid personal liability for sales and use taxes.
- How to prevent unwanted collateral consequences from sales tax settlements.
- How to protest sales and use tax determinations.
- How criminal prosecutions of business owners and accountants arise from sales tax reporting errors.
- How to use the Voluntary Disclosure Program to protect clients from civil and criminal penalties.
- How New York has implemented the landmark Wayfair decision for interstate sales nexus.
- The latest on how NYS vendors can safely make sales into other states.
- Specialized strategies for dealing with specific industries, including construction, real estate, technology, manufacturing, restaurants, food stores, bars, gas stations, and places of amusement.
Special value price of only
Best Value for Your CPE Credits
✔Breakfast ✔Lunch ✔Free Wi-Fi
8 CPE/Tax Credits
at 8:30 am
Class runs 9:00 a.m. to 5:00 p.m.
one hour break for lunch.
LIU Post Campus
720 Northern Blvd
Brookville, NY 11548-1300 | MAP
LIU Post Tax & Accounting Institute School of Professional Accountancy
For Additional information, please call (516) 829-4919
Barry Leibowicz, Esq.
Professor Barry Leibowicz, J.D., LL.M. (tax) is an attorney, author, educator, and architect of tax law. Mr. Leibowicz is a Professor in the Accounting Department at Queens College, CUNY, and the author of numerous publications on tax law.
Mr. Leibowicz has made a career of protecting the rights of individuals and businesses in tax matters. Mr. Leibowicz’ is the founder of the law firm of Leibowicz & Ahroni PLLC, which focuses on tax planning and controversies, both domestic and cross-border.
Scott Ahroni, Esq.
Professor Scott Ahroni, J.D., LL.M (tax) is an Attorney and Adjunct Asst. Professor, in the Department of Accounting and Information System at Queens College, CUNY, where he teaches graduate courses in taxation. Since receiving his advanced degree in taxation, Mr. Ahroni has worked on a broad range of tax and business matters at the Leibowicz & Ahroni PLLC.
Mr. Ahroni is a native New Yorker who is licensed to practice law in the States of New York and New Jersey, as well as the Federal Courts.