8:00 a.m.
Registration and Continental Breakfast (provided)
8:30 a.m.
Introductions/What Do You Want to Know?
What burning question must be answered before you leave today?
9:00 a.m.
Nexus
What is nexus, and why do I care? Nexus has changed significantly since 2018, and nearly every business has been impacted. Learn how the changes have impacted your business.
10:00 a.m.
Understanding Sales and Use Taxes
Learn the basics of sales and use tax, including key statutory provisions, definitions, and treatment of common transactions.
11:00 a.m.
Sales and Use Tax Compliance and Controversy
In this section, we will cover common tax return filing issues and required documentation to support the filings, including obtaining and retaining exemption certificates. We will also cover audit procedures and how to prepare for and survive a sales and use tax audit.
NOON
Lunch (provided)
12:45 p.m.
Exemptions, Exclusions and Incentives
We will cover common Kentucky exemptions and exclusions for Kentucky sales and use tax, focusing on published guidance, including court decisions as well as practical application of this guidance. You’ll also learn about available incentives related to sales and use tax.
1:45 p.m.
Transferring a Business or Assets
Learn about sales and use tax issues to consider when selling or transferring assets, a division or an entire company. The discussion will focus on the occasional or casual sale exemption, which is available in most states.
2:45 p.m.
Recent Developments – Anything New? What about the Old “New” Stuff
When the General Assembly adjourned in 2022 and 2023, many new services were subject to sales tax. We will examine some of these changes and whether the Department of Revenue has issued any new interpretations. What did the General Assembly do this year? We will let you know.
3:15 p.m.
Construction Contractors and Nonprofit Organizations – They’re Unique
Construction contractors and nonprofit organizations are not your typical “retailer.” We will examine the unique circumstances in which these businesses find themselves.
3:45 p.m.
Q & A
Have we answered your burning questions? What other questions do you have?
4:15 p.m.
10th Annual Navigating Sales and Use Tax in Kentucky seminar adjourns