This week, we’re covering dividing property in a divorce and how that affects basis and the principal residence exclusion, among other things.
This week we’re covering some of the more common California adjustments to be aware of for individual taxpayers.
This week, we’re covering the coming FUTA payroll tax increase that’s the result of California’s Unemployment Insurance Fund loan.
This week we’re discussing nonresident sole proprietor income taxability in light of several Office of Tax Appeal decisions.
This week we’re discussing the common misconception that a California entity needs to be dissolved by December 31 to avoid the $800 annual tax from accruing for the following year.
This week we’re covering calculating California tax on trust income.
This week, we’re talking about changes that Proposition 19 made to transfers of California real property between parents and children.
This week, we’re talking about nonwage withholding and some tips for tax pros to make sure clients don’t lose out on withheld amounts.
This week, we’re discussing how to determine the basis of inherited property that’s held in joint tenancy.
This week, we’re discussing some tips for filing Form 3840 to report certain like-kind exchanges.
This week we’re covering common errors taxpayers make when using FTB’s Web pay system, and some tips for avoiding those mistakes.
This week, we’re covering reasons why the FTB may reject a Power of Attorney submission and tips for avoiding errors.
This week we’re covering the voluntary and involuntary administrative dissolution process for nonoperating entities.
This week we’re covering two common scenarios that arise when employees are working remotely.
This week we’re covering what it means to be doing business in California for the purposes of filing returns and paying the annual or minimum franchise tax.
This week, we’re discussing the use of loan-out corporations, which are in the crosshairs of the EDD for AB 5 purposes.
This week we’re covering how real estate withholding is reported when the property is owned by a trust.
This week we’re talking about what factors into a taxpayer’s tax rate and how it can add up.
This week, we’re covering the FTB’s annual outreach campaign to certain taxpayers who filed Schedule A and Schedule C.
This week we’re covering when a tax professional may be classified as an employee versus an independent contractor, and exemptions from the application of the ABC test to tax professionals.
This week we’re covering some things to keep in mind about making the June 17 passthrough entity elective tax prepayment.
This week we’re discussing the FTB’s new multi-factor authentication process for MyFTB Accounts.
This week we’re covering LLC fee late-payment notices for 2022 that some taxpayers have only recently received.
This week we’re talking about property tax increases for partial transfers of property.
This week we’re covering the tax treatment of CalPERS long-term care premium settlement payments.