Spidell's California Minute
News
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.
Location:
United States
Description:
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.
Language:
English
Episodes
Property tax increases for partial transfers
5/3/2024
This week we’re talking about property tax increases for partial transfers of property.
Duration:00:04:11
Tax treatment of CalPERS long-term care premium settlement
4/26/2024
This week we’re covering the tax treatment of CalPERS long-term care premium settlement payments.
Duration:00:03:43
Bill would ease passthrough entity tax prepayment requirement
4/18/2024
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.
Duration:00:04:41
LLC filing essentials: what every tax pro needs to know
1/26/2024
This week we’re covering what a tax professional needs to know about LLC filing requirements.
Duration:00:04:31
Improvements made to MyFTB account
1/19/2024
This week we’re covering some enhancements to the MyFTB account system that have improved and streamlined the user experience.
Duration:00:04:33
FTB is going after out-of-state preparers
1/12/2024
This week, we’re covering the requirement for a nonresident sole proprietor to pay California tax on income received from California.
Duration:00:05:21
Key nonconformity issues for 2023 returns
1/5/2024
This week we’re covering some key California nonconformity issues for 2023 returns.
Duration:00:04:11
Watch out for these common filing season traps
12/29/2023
This week we’re covering some filing season traps that taxpayers can fall into, and what to watch out for to avoid these costly mistakes.
Duration:00:04:45
How to become a California nonresident
12/21/2023
This week we’re covering what a taxpayer moving out of California needs to do to break ties with the state and actually become a nonresident.
Duration:00:03:25
Passthrough entities have until end of year to maximize federal tax benefits of elective tax
12/15/2023
This week we’re covering why a passthrough entity that made the passthrough entity tax election may want to pay the remainder of the tax by December 31.
Duration:00:04:19
Some older POA declarations set to expire December 31, 2023
12/8/2023
This week we’re covering some older Power of Attorney declarations set to expire at the end of this year, and how to see which declarations are affected in MyFTB.
Duration:00:03:59
Annual tax exemption expiring in 2024 for certain entities
12/1/2023
This week we’re covering the expiration of the temporary exemption for the $800 annual tax that’s available for new LPs, LLCs, and LLPs.
Duration:00:04:34
Splitting refunds when taxpayers divorce
11/22/2023
This week, we’re covering tips for splitting refunds when taxpayers divorce.
Duration:00:04:01
California conformity/nonconformity to the SECURE 2.0 Act
11/17/2023
This week we’re covering California conformity and nonconformity to various SECURE 2.0 Act provisions.
Duration:00:04:37
Verifying estimated tax payments with the FTB
11/9/2023
This week we’re covering some things to keep in mind when verifying estimated tax payments with the FTB.
Duration:00:04:50
One-time penalty abatement implemented
11/3/2023
This week we’re covering the FTB’s new one-time penalty abatement provision, which goes into effect for tax years beginning on or after January 1, 2022.
Duration:00:03:19
California tax basis capital account reporting is coming
10/27/2023
This week we’re covering California’s tax basis capital account reporting requirement, which goes into effect after a two-year delay.
Duration:00:04:34
Avoid unclaimed property fines: get into compliance
10/20/2023
This week we’re covering the Unclaimed Property Voluntary Compliance Program to help businesses come into compliance with the unclaimed property reporting requirements.
Duration:00:03:53
How gross income from tiered LLCs impacts the LLC fee
10/13/2023
This week we’re covering how gross income from tiered LLCs impacts the LLC fee calculation.
Duration:00:03:57
California LLC electing S corporation treatment
10/6/2023
This week we’re covering some issues that an LLC may face when it elects to be treated as an S corporation, and what the best course of action is.
Duration:00:04:33