California tax news snippets from the leader in California tax law analysis — Dedicated to bringing you tips and hot topics that will save you time and save your clients money.
Latest episodes of the podcast Spidell's California Minute
- Parent/child property tax transfers under Prop. 19
- Be the hero: Make sure your clients don’t lose out on withheld amounts
- Inherited basis in joint tenancy assets
- Tips for filing Form FTB 3840
- Help your clients avoid Web Pay errors
- Avoid these causes for POA rejections
- Administrative dissolution for nonoperating businesses
- Remote worker issues: two common scenarios
- What does it mean to be “doing business” in California?
- EDD is auditing loan-out corporations
- Real estate withholding and trusts
- California tax rates: what’s included?
- FTB has started its annual outreach letter campaign
- Worker classification and tax professionals
- Be ready to make the June 17 passthrough entity tax prepayment
- MyFTB multi-factor authentication coming soon
- Are your clients just receiving 2022 LLC fee late-payment notices?
- Property tax increases for partial transfers
- Tax treatment of CalPERS long-term care premium settlement
- Bill would ease passthrough entity tax prepayment requirement
- LLC filing essentials: what every tax pro needs to know
- Improvements made to MyFTB account
- FTB is going after out-of-state preparers
- Key nonconformity issues for 2023 returns
- Watch out for these common filing season traps
- How to become a California nonresident
- Passthrough entities have until end of year to maximize federal tax benefits of elective tax
- Some older POA declarations set to expire December 31, 2023
- Annual tax exemption expiring in 2024 for certain entities
- Splitting refunds when taxpayers divorce
- California conformity/nonconformity to the SECURE 2.0 Act
- Verifying estimated tax payments with the FTB
- One-time penalty abatement implemented
- California tax basis capital account reporting is coming
- Avoid unclaimed property fines: get into compliance
- How gross income from tiered LLCs impacts the LLC fee
- California LLC electing S corporation treatment
- How to handle identity verification notices from the FTB
- Proposition 19 questions answered
- Passthrough entity tax: to elect or not to elect?
- CalSavers and California’s retirement mandate
- The e-pay mandate: don’t combine California estimates
- Going from a SMLLC to a multimember LLC (or vice versa)
- October 16 storm-related postponement traps to watch out for
- Watch out for potential traps when paying passthrough entity taxes
- ERC refunds and California returns, practitioner questions answered
- New business personal property form for short-term rentals
- When do you need to file Form FTB 3840?
- What to do if an LLC filed a partnership return
- No long-term care insurance tax in California...yet
- Help clients avoid tax when retiring outside California
- E-file issues that cause filing rejections
- How to respond when clients call about the new California Paid Sick Leave grants
- FTB continues their outreach letter campaign
- Passthrough entity tax elections and superseding returns
- Know the filing requirements when exchanging California property
- Storm postponements delay June 15 payments
- Nonresident sole proprietor income taxability
- California’s one-time penalty abatement program is now live
- How to minimize the impending SDI tax increase
- More information on the October 16 disaster postponement
- SECURE 2.0 Act conformity issues
- How to become a California nonresident
- Dissolving unused entities
- FTB’s City/County tax information sharing program
- Help clients avoid mandatory e-pay penalties
- Timely information sharing, publicizing form changes, top Spidell’s wish list
- Middle Class Tax Refunds aren’t really tax refunds
- SDI wage base cap eliminated starting in 2024
- June 15 passthrough entity tax prepayment: fiscal year taxpayers, new entities, and more
- How to handle the FTB’s identity verification notices
- Base-year property transfers got a whole lot easier under Proposition 19
- Are California’s Middle Class Tax Refunds subject to federal tax?
- FUTA taxes will increase in January
- Should an entity make additional passthrough entity tax payments before the end of 2022?
- Remember California no longer requires entities to dissolve by December 31
- FTB is sending out “education” letters
- California’s tax benefits for conservancy and efficiency
- Cannabis excise tax changes
- New unclaimed property questions on California tax returns
- Tax basis capital account reporting
- Tax basis capital account reporting
- CalSavers will apply to more employers
- California tax treatment of student loan forgiveness
- Community income and residency: When does California tax out-of-state wages?
- Watch out for erroneous passthrough entity tax refunds
- Mismatched and unclaimed real estate withholding
- Mismatched and unclaimed real estate withholding
- Surprise ruling regarding nonresident sale of partnership interest
- Emergency Proposition 19 rules adopted for parent–child transfers
- Emergency Proposition 19 rules adopted for parent–child transfers
- Payroll tax increases coming in January
- Budget bill provides some tax relief
- Budget bill provides some tax relief
- Passthrough entity elective tax and nonresident withholding
- Top reasons for e-file rejections
- Proposed Secure Act 2.0 legislation
- EDD worker classification audits
- California like-kind exchanges: Form 3840 FAQs
- Property tax increases for partial transfers