This week we’re covering California conformity to certain provisions of the Federal Disaster Tax Relief Act.
This week we’re talking about planning for California’s net operating loss suspensions that go into effect in 2024.
This week we’re covering penalty relief options for taxpayers who are subject to estimated tax payments.
This week, we’re covering how to report IRS partnership audit changes to the FTB.
This week we’re covering some of the exemptions from the ABC test for worker classification that will sunset for certain industries at the end of this year.
This week we’re covering three California planning strategies to consider implementing by the end of the year.
This week, we’re talking about holding a vacation home in an LLC and the California tax consequences.
This week we’re covering property tax adjustments for commercial properties.
This week we’re looking at some of the tricks and traps around filing a final corporate return.
This week we’re discussing how California treats accrued market discount income.
This week, we’re covering the recent decision by the U.S. Supreme Court not to review the Olsen case challenging AB 5.
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.