North Carolina Sales and Use Tax Essentials

Sessions Consulting, Inc. presents the most powerful and informative one-day NC Sales and Use Tax seminar you may ever attend. You can get the specific answers you need in everyday language to make North Carolina Sales and Use Tax clear and easy to understand

The curriculum has been prepared by and is presented by a former NC Department of Revenue auditor with over 35 years of experience auditing and assisting North Carolina’s taxpayers. We know the most common oversights discovered in audits and can help you avoid them.

We know what the auditors know. Our curriculum is planned and presented by a former auditor, so we have the knowledge and experience to give you the answers you need. We can also give you insider tips that will make your job, and even your next audit, go much more smoothly.

1. The fee for this webinar is $159 per participant.

2. This is a basic level course, and it does not require any advanced preparation or prerequisites.

3. After completing this course you will be able to:

• Confidently determine the proper tax rate to be applied to your transactions
• Discover mistakes that may be causing you to overpay your tax
• Understand the most common mistakes that auditors commonly look for
• Help your vendors/suppliers correct situations in which they are overbilling tax
• Understand sales tax exemptions that may apply to you
• Understand how recent law changes can affect you

4. Topics that will be discussed include:

• NC sales tax rates
• Sales tax on utilities and fuel
• Sales tax on motor vehicle sales and leases
• Sales tax nexus
• Credit for tax paid in another state
• Proper use of the Certificate of Exemption
• Sales tax on interstate and foreign commerce
• Tax on transportation charges
• Tax on repair, maintenance, and installation services
• Procedures regarding sales tax on construction projects
• Tax on service contracts
• Tax on computer software
• Tax on leases and rentals
• Procedures regarding tax previously paid on bad debts

5. Delivery method: Group-Internet Based

6. Recommended CPE Credits: 6.0

7. Field of Study: Taxes

8. Refund Policy-A full refund will be provided for any cancellation received more than 24 hours before the beginning of the presentation.

9. Complaints may be registered by calling our office at (828) 689-4056.

10. This seminar is a basic course designed to give a solid understanding of the general rules regarding North Carolina sales and use tax for a variety of types of businesses. A foundation is laid with basic topics such as various tax rates, nexus, delivery charges, computer software, and many other sales and use tax topics of general interest. We also discuss the application of sales and use tax to repair labor, construction contracts, leases, and service contracts. This course is taught in lecture style and participants are encouraged to raise questions. There are no prerequisites, and no advance preparation is required but some experience working with sales and use tax may be helpful.