Miscellaneous California Tax Issues
Author: Spidell Publishing, LLC
Electronic version only
Volume I: Taxation of nonresident sole proprietors; Governor’s revised budget proposal; post-mortem filing obligations; change of residency; residency and taxation of stock options; passthrough entity tax election; military personnel tax benefits; liabilities when buying business assets; and more.
With this one-hour course, you will:
- Get a 20-page PDF manual
- Identify how California proposes to apply sales tax to digital prewritten software
- Determine a taxpayer’s California capital loss carryover from stock sales if they become a California resident after having lived in another state
- Recall the tax treatment of installment payments from the sale of non-California property received by a taxpayer who becomes a California resident after the sale
Volume II: Expansion of sales tax to digital products; 2026-27 budget deal; business credit limitation; Other State Tax Credit (OSTC); marginal tax rates on investment income; establishing California nexus; lost records; excess sales tax payments; doing business in California; claim of right doctrine; and more.
With this one-hour course, you will:
- Get an 19-page PDF manual
- Identify items that are excluded from the new sales tax law for digital products
- Determine if a corporation’s or LLC’s activities constitute doing business in the state
- Recall the requirements to qualify for relief under the claim of right doctrine
Volume III: Trump Account conformity; new EV rebate program; residency and “temporary or transitory” purposes; recovering basis for retirement accounts; special property taxes for vacant properties; filing requirements for SMLLC that becomes a multimember LLC and vice versa; when a discretionary trust beneficiary becomes noncontingent; Public Law 86-272; community income earned by nonresident spouse; and more.
With this one-hour course, you will:
- Get an 22-page PDF manual
- Determine what a taxpayer must do if their California basis in a retirement account differs from the federal basis
- Identify California income tax treatment of income from rental properties purchased with community funds
- Recall when a beneficiary of a discretionary trust with a trustee who has sole discretion becomes noncontingent
| Designation | CPE Hours |
|---|---|
| CPA | 1 Taxes each volume |
| CRTP (CTEC) | 1 CA Tax each volume |
Course level: Basic
No advanced preparation is required.
Want to order by phone? Call us at: (800) 277-2257
These self-studies were designed to meet the requirements for the specified number of hours of continuing education. These courses were designed to meet the requirements of the California State Board of Accountancy; the California Bar Association; and the California Tax Education Council. This does not constitute an endorsement by these groups. The state boards of accountancy have final authority on the acceptance of individual courses for CPE credit. For more information regarding administrative policies such as complaints or refunds, contact Spidell Publishing at (800) 277-2257. Spidell Publishing, LLC has been approved by the California Tax Education Council to offer continuing education courses that count as credit towards the annual “continuing education” requirement imposed by the State of California for CTEC Registered Tax Preparers. A listing of additional requirements to renew tax preparer registration may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA 95812-2890, or by phone at 877-850-2832, or on the internet at www.CTEC.org.
Spidell Publishing, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. Each self-study is designed to meet the requirements for 1 hour of continuing education for the California Board of Accountancy. Basic Level. Field of Study: Taxes. Delivery method: Self-study. For more information regarding administrative policies, such as complaints or refunds, contact Spidell Publishing at (800) 277-2257. There are no prerequisites or advanced preparation required.Spidell Publishing, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. Each self-study is designed to meet the requirements for 1 hour of continuing education for the California Board of Accountancy. Basic Level. Field of Study: Taxes. Delivery method: Self-study. For more information regarding administrative policies, such as complaints or refunds, contact Spidell Publishing at (714) 776-7850. There are no prerequisites or advanced preparation required.
