Current California Tax Issues
Author: Spidell Publishing, LLC
With this five-hour course, you will:
- Get a 139-page PDF manual
- Recall the differences between the California regulations that apply to transferring the base-year value of property after a disaster
- Identify when intangible personal property is considered California-source income to a nonresident beneficiary
- Recall if there are basis differences for California and federal purposes if a flowthrough business owner receives an ERC refund
- Determine if your business entity client qualifies for voluntary administrative dissolution
- Identify what a “substitute payment” is for purposes of the SALT cap under the OBBBA
- Determine when use tax must be paid by a contractor using materials purchased with a resale certificate
- Select which actions may be taken by a suspended corporation
- Identify the differences between federal and California treatment of IHSS income for purposes of the Earned Income Tax Credit
- Identify how the repeal of the federal SALT limitation would affect the passthrough entity elective tax
- Recall how disaster-related postponements have affected prepayments of the passthrough entity tax
| Designation | CPE Hours |
|---|---|
| CPA | 5 Taxes |
| CRTP (CTEC) | 5 CA Tax |
| Attorney | 4 General MCLE/Tax Specialization |
Course level: Basic
No advance preparation is required.
Want to order by phone? Call us at: (800) 277-2257
This self-study is designed to meet the requirements for 5 hours of continuing education. This self-study has been 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. This self-study is designed to meet the requirements for 5 hours of continuing education for the California Board of Accountancy. Level: Basic. 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.
