The NTDA is once again offering a series of free Webinars focused on Federal Excise Tax (FET) compliance. To register for any of the following Webinars, e-mail firstname.lastname@example.org.
Please provide the names and e-mail addresses of each registrant. All FET Webinars are led by Tim Reynolds, CPA, Principal, CliftonLarsonAllen LLP.
Basics of FET
June 12, 2018 • 2:00 p.m. CT
Do you have new hires, salespeople or employees who are new to the industry? This session will explore regulations from the basics of what qualifies for FET, what is a first retail sale, overview of IRS Form 720 Quarterly Excise Tax Return reporting requirements and basic tax-free and exempt sales. FET Deductions, Common Mistakes and IRS Exam Best Practices
FET Deductions, Common Mistakes and IRS Exam Best Practices
Tuesday, July 17, 2018 • 2:00 p.m. CT
Review FET calculations and discuss various deduction allowed for destination, optional extended warranties, non-transportation equipment, tire tax credit and look at the overall FET calculation. In addition, we will discuss some best practices in connection with IRS exams.
Import/Export Transactions and Sales to State and Local Municipalities
Tuesday, Aug. 21, 2018 • 2:00 p.m. CT
If you are engaged in cross-border transactions and/or sales to state or local municipalities, this Webinar is for you! Discuss several types of common transactions for each and the requisite documentation and registrations that are required by the IRS to substantiate a tax-free sale.
Mobile Machinery and Off-Highway Use Exemptions
Tuesday, Sept. 25, 2018 • 2:00 p.m. CT
Explore the regulations included for tax-exempt sales of mobile machinery equipment and review the requirements of off-highway use units. The logging, mining, farming, construction and other industries regularly use these exemptions but possibly not correctly.