Course Information

[click to return to the previous page]

Sales and Use Taxes: Tax Base
Author: John C. Healy, MST, CPA, Michael S. Schadewald, PhD, CPA

Description:
Forty-five states and the District of Columbia impose a sales tax on retail sales of tangible personal property and selected services, and a use tax on the use or consumption of tangible personal property and selected services.

This course discusses items and transactions that are generally subject to sales and use taxes, the broad categories of exemptions, and how to determine the taxable sales price in a transaction. It also explains the purpose and main elements of the Streamlined Sales Tax.
Course Details:
Price:  $16.00
Field of Study:  Taxes
Prerequisites:  None
Level:  Basic
Advanced Preparation:  None
CTEC course number:  1075-CE-5501
Course was last updated on:  01/07/09
[click to buy this course]
Library:
Sales and Use Taxation
State Taxation

Technical Requirements:
To view and print downloadable content files available in this program, you will need Adobe Acrobat Reader. You can download the free Reader plugin at Adobe's website by clicking on the icon below, then following the instructions for installation on your computer.
[click to download acrobat reader]
Credit Available For: Units
CPE 1.0 CPE
QAS 1.0 CPE
Enrolled Agent (Accepted by the IRS) 1.0 CPE
CTEC California 1.0 CE

Note: Recommended CPE credit is based on a 50-minute hour. Participants earning credits for states that require self-study to be based on a 100-minute hour will receive half the recommended CPE credits for successful completion of this course.

Since Continuing Professional Education requirements vary from state to state and are subject to change without notice, please contact your state board of accountancy for information on your CPE requirements and the applicability of this course to meet those specifications.

CCH has been approved by the California Tax Education Council to offer courses that provide federal and state credit towards the annual "continuing education" requirement imposed by the State of California. A listing of additional requirements to register as a tax preparer may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA, 95812-2890, toll-free by phone at (877) 850-2832, or on the Internet at www.ctec.org.

User Reviews
Reviewer: Linda T. submitted on 02/11/2010
It showed the wide differences between states.
Reviewer: Matthew H. submitted on 01/27/2010
Its direct approach.
Reviewer: Eric W. submitted on 01/18/2010
The in depth explanations of exemptions.
[click to buy this course]