Spidell's California Minute® - Page 3 of 3

Podcast: Federal and California legislation affecting tax professionals

Posted on July 5, 2019 by Anthony Abeyta

This week we’re covering a few important bills that were recently passed at the federal and state level.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_7-7-19.mp3

Subscribers to Spidell's California Taxletter^® or the Online Research Package can access the transcript here: https://www.caltax.com/research/california-taxletter/podcast-transcripts/podcast-federal-and-california-legislation-affecting-tax-professionals/

Podcast: FTB launches new website

Posted on June 28, 2019 by Jansen Cudal

This week we’re covering the redesigned FTB website and some of the changes to how it works.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_6-30-19.mp3

Podcast: Using the Ralite case and offers in compromise

Posted on June 20, 2019June 20, 2019 by Anthony Abeyta

This week we’re covering using Ralite or an offer in compromise for a corporation or LLC that is no longer doing business, but where administrative dissolution doesn’t apply.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_6-23-19.mp3

Podcast: Administrative dissolution: an alternative to Ralite

Posted on June 14, 2019June 26, 2019 by Anthony Abeyta

This week we’re covering the administrative dissolution procedure for defunct California LLCs or corporations — which is a procedure that only became available in 2018.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_6-16-19.mp3

Subscribers to Spidell’s California Taxletter^® or the Online Research Package can access the transcript here: https://www.caltax.com/research/california-taxletter/podcast-transcripts/podcast-administrative-dissolution-an-alternative-to-ralite/

Podcast: IRS transcript fax service discontinued

Posted on June 7, 2019 by Anthony Abeyta

This week we’re covering some changes the IRS has made to its transcript service.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_6-9-19.mp3

Subscribers to Spidell's California Taxletter^® or the Online Research Package can access the transcript here: www.caltax.com/research/california-taxletter/podcast-transcripts/podcast-irs-transcript-fax-service-discontinued/

Podcast: State-mandated retirement program in the works

Posted on May 24, 2019 by Anthony Abeyta

This week we’re covering the CalSavers state-sponsored retirement program, which just passed a major hurdle and is closer to going into effect.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_5-26-19.mp3

Podcast: How a 1099-B can be an audit red flag

Posted on May 17, 2019 by Anthony Abeyta

This week we’re covering how to handle the information provided on a 1099-B and what actually gets reported on the tax return.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_5-19-19.mp3

Podcast: Changes to some POA declarations

Posted on May 10, 2019 by Anthony Abeyta

This week we’re covering a change to how certain POAs are processed by the FTB, and what actions are required by the tax professional and the taxpayer.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_5-12-19.mp3

Podcast: California adopts $500,000 economic nexus threshold for use taxes

Posted on May 3, 2019 by Anthony Abeyta

This week we’re covering the passage of AB 147, California’s Wayfair bill.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_5-5-19.mp3

Podcast: Notices you may get from the FTB

Posted on April 25, 2019 by Anthony Abeyta

This week, we’re covering the various notices your client might receive and how to best respond, because if the FTB has questions while they’re processing a taxpayer’s return, they’ll send a notice asking for more information.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_4-28-19.mp3

Podcast: Post-tax season catch-up

Posted on April 18, 2019 by Anthony Abeyta

This week we’re covering a few news items that happened at the very end of tax season or just after.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_4-21-19.mp3

Podcast: Is your 2017 refund included on the 1099-G?

Posted on January 25, 2019January 28, 2019 by Anthony Abeyta

This week we’re talking about handling 1099-Gs in terms of which year a refund should be reported.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_1-27-19.mp3

Podcast: New voluntary disclosure program picks up where old one left off

Posted on January 18, 2019 by Anthony Abeyta

This week we’re covering the IRS’s new voluntary disclosure program and an update to the tax transcript service.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_1-20-19.mp3

Podcast: What does the government shutdown mean for tax pros?

Posted on January 11, 2019 by Anthony Abeyta

This week we’re covering the effects of the government shutdown on the upcoming filing season.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_1-13-19.mp3

Podcast: Report federal adjustments to the FTB

Posted on January 4, 2019 by Anthony Abeyta

This week we’re covering the timeframes for reporting federal changes to the FTB and how to report those changes.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_1-6-19.mp3

Podcast: See what an entity needs to do to avoid being assessed the $800 tax

Posted on December 28, 2018 by Anthony Abeyta

This week we’re covering entity dissolutions and the $800 minimum or annual tax, because we frequently get questions on how a dissolving entity can avoid being assessed the tax going forward.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_12-30-18.mp3

Podcast: Pre-filing season update

Posted on December 20, 2018 by Jansen Cudal

This week we’re covering some federal form updates, and notices that business in California will be receiving in early 2019.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_12-23-18.mp3

Podcast: Residency and the 546-day rule

Posted on December 14, 2018 by Anthony Abeyta

This week we are covering a rule that allows some taxpayers domiciled in California to be treated as nonresidents.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_12-16-18.mp3

Podcast: Planning for the IRC §199A deduction: Businesses

Posted on December 7, 2018December 11, 2018 by Anthony Abeyta

In part 2 of our series on §199A planning tips, this week, we have tips to consider for businesses to maximize the deduction.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_12-9-18.mp3

Podcast: Planning for the IRC §199A deduction: Individuals

Posted on November 30, 2018December 11, 2018 by Anthony Abeyta

This week, we’re covering some planning tips related to the IRC §199A deduction for individual taxpayers.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_12-2-18.mp3

Podcast: New Schedule CA addresses TCJA nonconformity

Posted on November 21, 2018December 11, 2018 by Anthony Abeyta

This week we’re talking about the changes made to Schedule CA to allow for the differences between federal and California law following tax reform.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_11-25-18.mp3

Podcast: Use tax letters being sent to individuals

Posted on November 17, 2018December 11, 2018 by Anthony Abeyta

This week we’re covering letters the CDTFA is sending out to individuals about use tax obligations, and what those letters might mean.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_11-18-18.mp3

Podcast: Administrative dissolution for inactive LLCs and corporations in California

Posted on November 9, 2018December 11, 2018 by Anthony Abeyta

This week we’re covering the administrative dissolution process, for which Spidell has been advocating for years to help taxpayers abate outstanding tax liabilities.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_11-11-18.mp3

Subscribers to Spidell’s California Taxletter^® or the Online Research Package can access the transcript here: www.caltax.com/research/california-taxletter/podcast-transcripts/administrative-dissolution-for-inactive-llcs-and-corporations-in-california

Podcast: IRC §199A and specified service trades or businesses

Posted on November 2, 2018December 11, 2018 by Dustin Meyer

This week we are covering specified service businesses for the purposes of the §199A deduction.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_11-4- 18.mp3

Subscribers to Spidell's California Taxletter^® or the Online Research Package can access the transcript here: www.caltax.com/research/california-taxletter/podcast- transcripts/podcast-irc-199a-and-specified-service-trades-or-businesses

Podcast: What is the EDD saying about Dynamex?

Posted on October 26, 2018December 11, 2018 by Dustin Meyer

This week we have a bit more information on how the EDD has reacted to the California Supreme Court's decision in Dynamex.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_10-28-18.mp3

Podcast: When the power goes out on filing day

Posted on October 19, 2018December 11, 2018 by Dustin Meyer

This week we are talking about waiving penalties for reasonable cause, whether it's because of a power outage or reliance on a preparer.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_10-21-18.mp3

Podcast: Guidance clarifies miscellaneous itemized deductions for fiduciary returns

Posted on October 12, 2018December 11, 2018 by Dustin Meyer

This week we're covering regulations that confirm the tax reform act elimination of miscellaneous itemized deductions does not eliminate expenses that were previously deductible under IRC §67(e).

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_10-14-18.mp3

Podcast: Guidance on business meal expense deductions

Posted on October 5, 2018December 11, 2018 by Dustin Meyer

This week we're covering business meal expense guidance that tax pros have been waiting for since the Tax Cuts and Jobs Act went into effect.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_10-7-18.mp3

Podcast: Raising fees and justifying it

Posted on September 28, 2018December 11, 2018 by Dustin Meyer

This week we're talking about raising fees as a result of the passage of the Tax Cuts and Jobs Act.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_9-30-18.mp3

Podcast: FUTA rate cuts coming to California employers

Posted on September 21, 2018December 11, 2018 by Dustin Meyer

This week we're covering FUTA and what it means to employers that California has paid off its unemployment account loan balance.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_9-23-18.mp3

Podcast: FTB business audits by the numbers

Posted on September 14, 2018December 11, 2018 by Dustin Meyer

This week we have some stats on FTB business audits, including the FTB's business audit workload, how long these cases are taking, and how much revenue is being generated from these audits.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_9-16-18.mp3

Podcast: Legislative update: bills sent to Governor

Posted on September 7, 2018December 11, 2018 by Dustin Meyer

This week we're covering some of the bills that made to the Governor's desk and are awaiting his signature, including another bill in conflict with the IRS's recent proposed regulations.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_9-9-18.mp3

Podcast: SALT limitation workaround: IRS regs and a California bill

Posted on August 31, 2018December 11, 2018 by Dustin Meyer

This week we're covering the IRS proposed regulations disallowing charitable contribution deductions to funds that many states put in place to circumvent the limitation on state and local tax deductions.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_9-2-18.mp3

Podcast: FTB calling practitioners to expedite POAs

Posted on August 24, 2018December 11, 2018 by Dustin Meyer

This week we have some follow-up information regarding the problems that practitioners have been having with accessing client accounts through MyFTB.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_8-26-18.mp3

Podcast: §199A proposed regulations — quick and dirty

Posted on August 17, 2018December 11, 2018 by Dustin Meyer

This week we're covering the high points of the recently-released proposed regulations under §199A.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_8-19-18.mp3

Podcast: Your tax dollars at work (or not)

Posted on August 10, 2018December 11, 2018 by Dustin Meyer

This week we're covering a lighter non-tax topic: waste and misuse of time by state employees.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_8-12-18.mp3

Podcast: Who is responsible for filing Form 3840 after a like-kind exchange?

Posted on August 5, 2018December 11, 2018 by Dustin Meyer

This week we’re covering the filing requirements for Form FTB 3840 when a passthrough or disregarded entity does a like-kind exchange.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_8-5-18.mp3

Podcast: Which tax preparers can sign a California return?

Posted on July 27, 2018December 11, 2018 by Dustin Meyer

This week we’re covering who can and cannot sign a tax return for a fee in California and the potential penalties.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_7-29-18.mp3

Podcast: Steps to take if your practice suffers a data breach

Posted on July 20, 2018December 11, 2018 by Dustin Meyer

This week we’re covering data breaches and what to do if your practice has been affected.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_7-22-18.mp3

Podcast: EAs’ practice rights limited in Nevada

Posted on July 13, 2018December 11, 2018 by Dustin Meyer

This week we're covering tax preparer regulation efforts, starting with the recent situation in Nevada that's keeping Enrolled Agents from being able to do their jobs.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_7-15-18.mp3

Podcast: Cali-three-nia dreamin’

Posted on July 6, 2018December 11, 2018 by Dustin Meyer

This week we’re covering an initiative to split California into smaller pieces and how that would play out if it passes.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_7-8-18.mp3

Podcast: The Wayfair decision: physical presence no longer required for sales and use tax purposes

Posted on June 29, 2018December 11, 2018 by Dustin Meyer

This week we’re covering the recent Wayfair decision and the potential effect on sales and use tax collection.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_7-1-18.mp3

Subscribers to Spidell's California Taxletter^® or the Online Research Package can access the transcript here: https://www.caltax.com/research/california-taxletter/podcast-transcripts/the-wayfair-decision-physical-presence-no-longer-required-for-sales-and-use-tax-purposes

Podcast: Possible California conformity to centralized partnership audit rules

Posted on June 22, 2018December 11, 2018 by Dustin Meyer

This week, we're covering the new centralized partnership audit rules and SB 274, which lays out partnership reporting requirements for FTB purposes.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_6-24-18.mp3

Podcast: Electronic payments: penalties and waiver requests

Posted on June 15, 2018December 11, 2018 by Dustin Meyer

This week, we're covering mandatory electronic payments and the associated penalties and waivers.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_6-17-18.mp3