How to Navigate Complex Contractor Sales and Use Tax

Description

Presenters:
Holly Hoffman, owner of Sales & Income Tax Advisory Network, uses her unique background as a WI Dept. of Revenue auditor and sales tax speaker to help contractors navigate the complexities of sales and use tax compliance.
Russ Bredeson, WI Dept of Revenue Sales Tax Specialist, has ten years of audit and tax training experience for the Department.

This extensive program is designed SPECIFICALLY FOR CONTRACTORS who are required to incorporate these law requirements into processes for managing the sales & use tax reporting. Proper compliance with the law is YOUR responsibility. Your learning experience will include:

CLASS #1 Tuesday, March 2 | Real vs. Personal Property

• Difference between Real Property Construction Activities and Sales of Tangible Personal Property and Services
• Tax treatment when providing both Real Property Construction Activities and Sales of or Services to Personal Property

• Tax requirements for General Purchases, Supplies, Motor Vehicles, Equipment
• Tax treatment for materials used in providing Real Property Construction Activities vs. Sales of or service to Personal Property

• 90-day rule to relieve Seller of sales tax liability
• Common exemptions and documentation required
• Contracts with Exempt Entities

• Building Materials Exemption
• Construction Contract Exemption
• Temporary Storage Exemption (NEW)

• Review exam (interactive)
• Ask your questions!