Navigating Sales and Use Tax in Kentucky - Agenda

8 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.

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.

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.
Unique Sales Tax Issues

Some businesses face unique sales and use tax situations. These businesses include construction contractors, nonprofit organizations, and others. We will examine the unique circumstances in which these, and perhaps other, businesses find themselves.

2:30 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.

3:15 p.m.
Recent Developments – What’s New?

On February 25, 2022, a bill was introduced in the Kentucky House of Representatives to broaden the sales tax to apply to numerous additional services. Learn what happened to the bill, about other changes in the law, and their impact on taxpayers.

4:00 p.m.  
9th Annual Navigating Sales and Use Tax in Kentucky seminar adjourns