Thomson Reuters Offers Sales and Use Tax Self-Study Courses

The Tax & Accounting business of Thomson Reuters has introduced a series of sales and use tax courses on its Checkpoint Learning system.

The new continuing professional education courses are written to help U.S. public and corporate tax professionals understand recent tax changes.

“U.S. state and local governments obtain approximately one-third of their revenue from sales and use tax,” said Ken Koskay, vice president of learning solutions at the Tax & Accounting business of Thomson Reuters. “This large source of income plus the continuing recession has prompted some government agencies to ramp up audits on corporate sales and use tax to compensate for budget shortfalls.”

Understanding how these factors affect tax planning can help controllers, accountants, and those looking for guidance to manage sales and use tax for their business clients.

The online self-study courses are now available for six states and their municipalities: Arizona, California, Florida, New Jersey, New York, and Texas. In addition, courses for Delaware and Illinois will be available later this year. Each sales and use course addresses which sales and purchases are considered taxable at a state level; how to calculate the tax; how to apply for a state sales and use tax permit; use of direct payment permits; what is required when filing a return; and the local sales and use tax requirements within the state.

The following self-study courses are available individually and as part of Checkpoint Learning's subscription package options:

•    Transaction Privilege and Use Tax: Arizona
•    Sales and Use Tax: California
•    Sales and Use Tax: Florida
•    Sales and Use Tax: New Jersey
•    Sales and Use Tax: New York
•    Sales and Use Tax: Texas 

For more information, visit https://checkpointlearning.thomsonreuters.com.

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