Course Description:
Is your senior living facility benefiting from available utility sales tax exemptions? Utility sales tax exemptions provide valuable tax savings for senior living facilities that meet certain criteria. If you pay utility invoices for electricity and natural gas and operate within one of the eligible states, you may qualify. Eligible industries include manufacturing, agriculture, nursing homes, retirement homes, hotels, senior living, and assisted living facilities. You may even be able to recoup sales taxes within the lookback period. In this roundtable, we’ll review what the utility sales tax exemption is, who qualifies, estimated savings, and how to obtain the exemption.

Learning Objectives:

• Define utility sales tax exemptions.
• Identify who qualifies and which states are eligible.
• Demonstrate how the savings are realized.
• Discuss the lookback period and how to recoup overpaid sales tax. 
• Outline how the exemption is obtained and supported. 
• Explore case studies and examples.

Presenter:
Crystal Schultz, CMI, Senior Manager, Business Credits & Incentives | Eide Bailly
Crystal has more than 20 years of sales and use tax consulting experience helping our clients find unique and cost-effective solutions to their state and local tax issues, focusing primarily on sales and use tax. She has a wide array of experience across all states, assisting with sales and use tax audit defense, researching tax issues and identifying savings opportunities, including developing predominant use studies to assist clients in recognizing and supporting applicable exemptions. When you work with Crystal, you can expect her to provide a quality, accurate and expeditious work product that meets and exceeds your business needs.