City of Tempe - Business Tax Basics Workshop

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.

Host or Publisher Arizona Department of Revenue (ADOR)