RTP CFO Forum to Discuss Sales, Use, and Local Tax Updates

Tax Experts, Eric Wayne and Bill Smith Sr., to Speak at January Meeting

RALEIGH, N.C. (January 5, 2011) — The RTP CFO Forum (rtpcfos.com) will hold its monthly meeting on Friday, January 7, 2011. The organization serves as a peer-to-peer networking and discussion opportunity for more than 200 senior financial executives in the Triangle area. The meeting will focus on sales, use, and local tax updates.

Eric Wayne, sales and tax use director, North Carolina Department of Revenue; and Bill C. Smith, Sr., executive director of state and local tax, Ernst & Young LLP, will discuss sales and use tax updates with members. Bobby Bahram, RTP CFO Forum board member, and CFO and COO, TransLoc Inc. will moderate the panel. Topics include:

•Major legislative changes
•Updates on “Streamlined Sales Tax Project”
•E-commerce tax issues
•Cloud computing implications
•The role of sales and use tax in mergers and acquisitions
•Liability and audit defense and common mistakes

“Sales and use tax laws are ever-changing, and it’s important to stay aware of these changes,” says Bahram. “January’s meeting will provide members with valuable information that may help avoid mistakes that can lead to serious liabilities.”

The RTP CFO Forum meets the first Friday of every month, from 7:30 a.m. - 9:00 a.m., at the Hughes Pittman & Gupton, LLP, office on 1500 Sunday Drive, Suite 300, Raleigh, North Carolina. Membership in the forum is free and by invitation only. To request to join the group, please email join@rtpcfos.com.

About RTP CFO Forum:
The RTP CFO Forum serves the greater Raleigh, Durham and Chapel Hill region, supporting more than 200 senior financial executives. The forum is designed to provide interactive networking and discussion of technical and strategic topics in an environment created exclusively for senior-level peers. CPE is provided on select topics. The forum meets the first Friday of every month, from 7:30 a.m. - 9:00 a.m., at the Hughes Pittman & Gupton, LLP offices on 1500 Sunday Drive, Suite 300, Raleigh, North Carolina. Free membership is by invitation only. To request to join the group, please email join@rtpcfos.com. To learn more, visit www.rtpcfos.com.

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