This week we’re covering some §199A guidance that appeared in draft form instructions, but which the IRS hasn’t commented on previously.
This week we’re covering the mailbox rule and how to prove when a document was mailed, plus some mailing tips for California purposes if you’re using a private carrier like FedEx.
This week we’re covering some notices the FTB uses to collect extra information from taxpayers, and the best way to respond to those notices.
This week we’re taking a look at the areas of nonconformity that have not yet been addressed by legislation.
This week we’re covering the taxability of pension payments to former California residents, and the importance of keeping documentation related to these payments.
This week we’re covering the steps needed to make both of these elections until formal guidance is released.
This week we’re covering some forms updates for tax year 2019.
This week we have some information on California’s new health care mandate which goes into effect in January of 2020.
This week we’re talking about the pros and cons of the practice of filing extensions with no tax due, and how it could possibly affect the state return among other things.
This week we're covering a few important bills that were recently passed at the federal and state level.
This week we’re covering the redesigned FTB website and some of the changes to how it works.
This week we're covering using Ralite or an offer in compromise for a corporation or LLC that is no longer doing business, but where administrative dissolution doesn't apply.
This week we're covering the administrative dissolution procedure for defunct California LLCs or corporations — which is a procedure that only became available in 2018.
This week we're covering some changes the IRS has made to its transcript service.
This week we're covering the CalSavers state-sponsored retirement program, which just passed a major hurdle and is closer to going into effect.
This week we're covering how to handle the information provided on a 1099-B and what actually gets reported on the tax return.
This week we're covering a change to how certain POAs are processed by the FTB, and what actions are required by the tax professional and the taxpayer.
This week we're covering the passage of AB 147, California's Wayfair bill.
This week, we're covering the various notices your client might receive and how to best respond, because if the FTB has questions while they're processing a taxpayer's return, they'll send a notice asking for more information.
This week we're covering a few news items that happened at the very end of tax season or just after.
This week we're talking about handling 1099-Gs in terms of which year a refund should be reported.
This week we're covering the IRS's new voluntary disclosure program and an update to the tax transcript service.
This week we're covering the effects of the government shutdown on the upcoming filing season.