Miscellaneous California Tax Issues
Author: Spidell Publishing, LLC
Electronic version only
Volume I: Potential SALT cap expansion under the One Big, Beautiful Bill Act (OBBBA); proposed state tax changes; revised entity number system from the Secretary of State; LLC fee and tax; use tax requirements for construction; Other State Tax Credit; reviving a suspended business entity; and more.
With this one-hour course, you will:
- Get a 17-page PDF manual
- 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
Volume II: California’s new budget deal; updates to Proposition 19 intergenerational transfer sheets; new programs for San Francisco businesses; FTB notices regarding identity information; filing and payment requirements for qualified S corporation subsidiaries (QSubs); tax options for reporting IHSS wages; passthrough entity elective tax election and multitier entities; administrative trusts and the IRC §645 election; sales tax and club admission fees; California mortgage grants; noncontingent beneficiaries; and more.
With this one-hour course, you will:
- Get an 20-page PDF manual
- Recall where a QSub reports their tax information
- Identify the differences between federal and California treatment of IHSS income for purposes of the Earned Income Tax Credit
- Recall how many times a property transfer may occur between a parent and child in order for the intergeneration transfer exclusion to apply
Volume III: California’s nonconformity to OBBBA changes; retroactive wildfire settlement exclusion; changes to the passthrough entity elective tax; FTB notices; manufacturer rebates; cryptocurrency trading; filing and payment postponement traps; domicile vs. residency; Renter’s Credit; reporting IRS changes to the FTB; and more.
With this one-hour course, you will:
- Get an 19-page PDF manual
- Identify how the repeal of the federal SALT limitation would affect the passthrough entity elective tax
- Determine if a retailer can exclude promotional payments from gross receipts
- Recall how disaster-related postponements have affected prepayments of the passthrough entity tax
| Designation | CPE Hours |
|---|---|
| CPA | 1 Tax 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.
