Common TPT Errors and How to Avoid Them Workshop

Join our workshop to conquer transaction privilege tax pitfalls! Learn to sidestep common errors and navigate TPT filings with confidence!
About this Event

Certification: None

Duration: 2.5 - 3 hours

Course Delivery: Instructor Led

Course Overview: Level up your tax knowledge for business success! Join the Arizona Department of Revenue for an introductory level course discussing the basics of transaction privilege tax for businesses. As this is an introductory course, we will not be covering any industry specific content, rather discussing topics that are relevant to all business owners.

Target Audience: Business owners, CPAs, EA, Tax Attorneys

Agenda:

TPT Features
TPT vs. Use Tax
Licensing
Filing Frequency and Thresholds
Location Based Reporting
Tax Rates
Exemption Certificates
Deduction Codes
Added Tax vs. Factored Tax
Best Practices
Example
Q&A

Prerequisites: None

Course Materials: Business Tax Basics handout will be provided at the conclusion of the workshop.

Examination: None

Note: As this is an introductory course, we will not be covering any industry specific content, rather discussing topics that are relevant to all business owners.