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State and Local Tax Automation: Tools and Techniques to Facilitate Compliance

Recording of a 110-minute CPE webinar with Q&A

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Conducted on Tuesday, March 19, 2024

Recorded event now available

or call 1-800-926-7926

This webinar will discuss the benefits and caveats of automating state and local tax compliance. Our panel of notable SALT veterans will identify the most beneficial uses of technology, review available systems, and provide recommendations to maximize an investment in automation for businesses struggling with multistate SALT compliance.

Description

The plethora of state taxes, including sales tax, income tax, payroll, property, local taxes, and VAT, along with differing rules for every jurisdiction, make automating SALT compliance an imperative for multistate businesses. Utilizing technology can streamline state and local tax processes, ease compliance burdens, and save tax dollars. Often, the cost of technology is recouped in time.

A comprehensive review of state and local tax processes and investment in automated solutions is a must. Performing the review and selecting a technology solution can be overwhelming. However, a well-maintained system can analyze data for cost savings and provide concrete resources for audit defense. SALT practitioners and multistate companies need to understand the technological resources available to assist with the time, cost, and concerns surrounding SALT compliance.

Listen as our panel of state and local tax experts explains best practices for implementing and reviewing SALT technology.

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Outline

  1. State and local tax automation: introduction
  2. Utilizing SALT technology
    1. State income taxes
    2. State and local taxes
    3. Payroll tax
    4. Property tax
    5. Other taxes
  3. Selecting a system
  4. Technology and SALT audits
  5. Best practices

Benefits

The panel will cover these and other critical issues:

  • How automation can help alleviate the compliance burden for state income tax compliance
  • Systems available to aid with state and local taxes
  • Specific benefits of automating sales tax reporting and remittance
  • How technology can be used to defend state and local tax positions when audited

Faculty

Le, Tram
Tram Le, CPA

Senior Tax Manager
TaxOps

Ms. Le is a CPA and licensed attorney specializing in tax strategies for growing businesses. She works closely with...  |  Read More

Vorndran, Judith
Judith B. Vorndran, JD, CPA, MSBA

Partner
TaxOps

Ms. Vorndran helps clients and tax professionals navigate the morass of state and local tax issues with the goal of...  |  Read More

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