Current California Tax Issues
Author: Spidell Publishing, LLC
With this five-hour course, you will:
- Get a 145-page PDF manual
- Determine if an entity that is formed and registered to do business in another state is commercially domiciled in California
- Recall the two rules when identifying multiple replacement properties in a §1031 exchange
- Identify when the throwback rule applies when sourcing income to California
- Determine for married joint tenants the amount in value of joint tenancy property to be included in the gross estate of the first spouse to die
- Recall circumstances under which California will not assess a penalty for the underpayment of estimated taxes
- Identify what happens to the base-year value of property after new construction
- Determine how long the statute of limitation period is extended for California purposes subsequent to a federal change in a tax return
- Identify where to claim the Other State Tax Credit and how to calculate it
- Determine if a loan-out corporation owner is classified as an employee under the ABC test
- Identify documentation that substantiates whether paid family leave benefits are excludable from gross income
| Designation | CPE Hours |
|---|---|
| CPA | 5 Tax |
| 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.