Scott Peterson, U.S. Tax Policy and Government Relations Expert, Featured as Keynote Speaker at NCCPAP’s 18th Annual Accounting and Tax Symposium
Scott Peterson, Vice President of U.S. Tax Policy and Government Relations, at Avalara—a Seattle-based tax compliance software company that helps to manage the complexity of sales tax nexus—will be a Keynote Speaker at this year’s NCCPAP Accounting & Tax Symposium (ATS 2020), taking place on November 10, 13, 18, and 19. Mr. Peterson, who has particular expertise in tax law relative to ‘Wayfair’, will speak from the perspective of CPAs and how they can best service their business clients.
Mr. Peterson comments, “As a result of the
United States Supreme Court South Dakota v. Wayfair decision, we now live in a world where businesses are no longer in charge of what they have to know relative to how and where their products are sold; today, it’s the customer that drives this. As a consequence, no business can possibly know all of the tax intricacies of every state. The responsibility for that knowledge falls to the CPA who handles that business as a client.” He continues, “Furthermore, there’s very little national education out there on state sales taxes. That’s why comradery and collaboration among CPAs, especially in a collegial organization like NCCPAP, is a great approach to compliance.”
About the Presentation
The State of Wayfair: Practical Advice for Practitioners & Businesses
Wayfair has a documentation requirement as well as a tax paying requirement; therefore, every business must document its sales, even if the goods and services are exempt from sales tax. Those in digital businesses are subject to even more complexity because they can have customers anywhere in the world. As another example, if your business is a marketplace, it is treated as a retailer according to state tax law. Even something like a community college may be subject to state tax if their courses are taught online and offered ‘on demand’. Up to 50% of small businesses have never even heard of Wayfair, even though they are directly impacted. This is an opportunity for CPAs to help their clients and take on more of a consultative role.
About Mr. Peterson
In addition to his credential mentioned above, Mr. Peterson was the first Executive Director of the Streamlined Sales Tax Governing Board, an organization devoted to making sales tax simpler and more uniform for the benefit of business. He has also spent 10 years as the Director of the South Dakota Sales Tax Division and 12 years providing research and legal writing for the South Dakota Legislature. He has also been recognized as one of Accounting Today’s 100 Most Influential People in Accounting for two consecutive years.
About ATS 2020
The Educational Foundation of the Nassau/Suffolk Chapter of NCCPAP and the Nassau/Suffolk Chapter of NCCPAP present this year’s 18th annual NCCPAP Accounting and Tax Symposium (ATS 2020). Formerly known as the Long Island Tax Professionals Symposium or LITPS, this year’s conference will be virtual and national. Based on years of success and to accommodate work at home mandates, the organizations are expanding their reach and offering the same high value experience with speakers, exhibitors, and attendees in a virtual conference format. Attendees can earn up to 36 CPEs over the four-day conference. Early Bird discounted pricing is available through October 23, 2020. Learn more at nationalats.org.
About NCCPAP
The National Conference of CPA Practitioners (NCCPAP) is a professional organization comprised of Certified Public Accountants practicing in the United States. In addition to serving as a forum for education, networking, and community impact, NCCPAP also advocates for its clients. NCCPAP influences tax administration and tax policy by regularly meeting with Internal Revenue Service representatives, state taxing authorities, and elected officials. NCCPAP members represent over one million businesses and individual clients. The organization is headquartered in Woodbury, NY. For more information visit, www.NCCPAP.org.
Agency Contact Administration Contact
Francine Carb Kathy Casey
fcarb@markitects.com kcasey@ns-nccpap.org
610-687-2200 516-997-9500 Ext 2