Miscellaneous California Tax Issues

Author: Spidell Publishing, LLC

Electronic version only

Volume I: Tax relief for current and former college students; trusts and real estate withholding; employee retention grants for health care workers; COVID-19 paid sick leave grants; updates to FTB communications; passthrough entity tax elections and superseding returns; Unclaimed Property Voluntary Compliance Program; and more.

With this one-hour course, you will:

• Get a 17-page PDF manual
• Recall how to report real estate withholding for a nongrantor trust
• Identify if a return is a superseding return or an amended return for California purposes
• Recall the circumstances under which taxpayers may receive a text message from the FTB

Volume II: Avoiding tax when retiring outside of California; claiming a refund for a deceased taxpayer; property tax valuation; raise letters; filing issues for California taxpayers with a nonresident spouse; filing Form FTB 3840; Proposition 19 and intergenerational transfers; and more.

With this one-hour course, you will:

• Get an 18-page PDF manual
• Determine how to treat nonqualified deferred compensation for a client moving out of state
• Recall the consequences of a county assessor’s raise letter
• Identify the filing procedures for spouses dwelling in separate community property states

Volume III: New business personal property form; tax provisions in the budget deal; incomplete nongrantor trusts; Motion Picture and Television Credit; updates on trust and estate administration; what to do if an LLC files a partnership return; Other State Tax Credit; identity theft; Veterans Auto and Education Improvement Act; and more.

With this one-hour course, you will:

• Get an 21-page PDF manual
• Identify who must file a personal property statement with their county assessor
• Determine if an incomplete nongrantor trust set up in Nevade will escape California taxation
• Recall what steps to take if an LLC organized in California files the wrong return

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.