This week we're covering regulations that confirm the tax reform act elimination of miscellaneous itemized deductions does not eliminate expenses that were previously deductible under IRC §67(e).
This week we're covering business meal expense guidance that tax pros have been waiting for since the Tax Cuts and Jobs Act went into effect.
This week we're talking about raising fees as a result of the passage of the Tax Cuts and Jobs Act.
This week we're covering FUTA and what it means to employers that California has paid off its unemployment account loan balance.
This week we have some stats on FTB business audits, including the FTB's business audit workload, how long these cases are taking, and how much revenue is being generated from these audits.
This week we're covering some of the bills that made to the Governor's desk and are awaiting his signature, including another bill in conflict with the IRS's recent proposed regulations.
This week we're covering the IRS proposed regulations disallowing charitable contribution deductions to funds that many states put in place to circumvent the limitation on state and local tax deductions.
This week we have some follow-up information regarding the problems that practitioners have been having with accessing client accounts through MyFTB.
This week we're covering the high points of the recently-released proposed regulations under §199A.
This week we're covering a lighter non-tax topic: waste and misuse of time by state employees.
This week we’re covering the filing requirements for Form FTB 3840 when a passthrough or disregarded entity does a like-kind exchange.
This week we’re covering who can and cannot sign a tax return for a fee in California and the potential penalties.
This week we’re covering data breaches and what to do if your practice has been affected.
This week we're covering tax preparer regulation efforts, starting with the recent situation in Nevada that's keeping Enrolled Agents from being able to do their jobs.
This week we’re covering an initiative to split California into smaller pieces and how that would play out if it passes.
This week we’re covering the recent Wayfair decision and the potential effect on sales and use tax collection.
This week, we're covering the new centralized partnership audit rules and SB 274, which lays out partnership reporting requirements for FTB purposes.
This week, we're covering mandatory electronic payments and the associated penalties and waivers.
This week we're talking about community property and how couples might keep income separate if they wish to do so.
This week we're covering areas of California nonconformity to the Tax Cuts and Jobs Act.
This week we're covering SB 993, legislation that has been introduced in California to impose a sales tax on services.
This week we're talking about the steps to take if a taxpayer qualifies for Ralite treatment.
This week is the first of a two-part series covering the Ralite case, which relieves certain taxpayers of debt liability when they walk away from a business entity.
This week we’re looking at bills that California and two other states are using to get around limitations put in place by the tax reform act.