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.
This week we’re covering a bill that has been introduced which would allow entities to make a passthrough entity tax election even if they didn’t make a June 15 prepayment.
This week we’re covering what a tax professional needs to know about LLC filing requirements.
This week we’re covering some enhancements to the MyFTB account system that have improved and streamlined the user experience.
This week, we’re covering the requirement for a nonresident sole proprietor to pay California tax on income received from California.
This week we’re covering some key California nonconformity issues for 2023 returns.