As businesses expand their footprints across state lines—whether through remote employees, online sales, or physical operations—the complexity of complying with state tax laws increases exponentially. Every state has its own rules for determining nexus, taxing income, and enforcing sales and use tax compliance. For tax professionals, staying ahead of these evolving requirements is critical to managing risk and identifying tax-saving opportunities.
This session by tax attorney, Nicholas Preusch, CPA, JD, LLM, provides a detailed overview of the state and local tax (SALT) landscape. Participants will explore key topics such as economic and physical nexus, apportionment and allocation of income, and the impact of landmark cases like Wayfair on sales tax compliance. The course will also cover strategies to reduce state tax liabilities, including credit utilization and voluntary disclosure agreements.
With an emphasis on practical application and real-world case studies, the course equips professionals to better advise clients or their businesses on multi-jurisdictional tax issues.
By the end of the course, participants will be able to:
It is ideal for CPAs, tax consultants, corporate finance teams, and anyone involved in state tax planning or compliance.
Nick Preusch’s primary focus is performing tax services for high wealth individuals and mid-to-large business entities. Nick’s responsibilities include tax research related to complex business transactions and tax return preparation and review. He also works closely with businesses and individuals to find tax efficiencies through ever-changing tax legislation.
He was also an Internal Revenue Service (IRS) attorney at the IRS National Office in Washington, DC, where he was the lead attorney for several significant tax ethics cases.
Nick co-authored Tax Preparer Penalties and Circular 230 Enforcement, a textbook published by Thomson Reuters. He has also been published in the AICPA’s Tax Advisor and Journal of Accountancy along with CCH’s Journal of Tax Practice and Procedure. In 2017, he was named one of the VSPCA’s Top 5 Under 35. In 2018, he was named to CPA Practice Advisor’s Top 40 Under 40. In 2018, he was part of the AICPA’s New Face of Tax ad campaign.
Nick is a licensed attorney in New York and a Certified Public Accountant in Virginia. He earned an LLM in Taxation from Georgetown University, a JD from Case Western Reserve University, and an MS in Accounting from the University of Connecticut.
Recorded Webinar -
Demystifying the Corporate Transparency Act: Navigating New Filing Rules!