This week we’re talking about making S corp elections, including how to make a late election and what criteria a corporation has to meet in order to do so.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_7-26-20.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-making-a-timely-or-late-s-corporation-election

This week we’re talking about an extension of time for rolling 2020 required minimum distributions back into a retirement account.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_7-19-20.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-rmds-must-be-rolled-back-by-august-31

This week we’re covering some last-minute filing tips and reminders as we approach the July 15 filing and payment deadline.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_7-12-20.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-last-minute-filing-issues-to-consider

This week we’re covering the California health care mandate, including an inflation-adjusted penalty increase.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_7-5-20.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-uninsured-californians-will-face-increased-penalty-on-2020-return

This week we’re talking about some issues taxpayers may be facing come July 15 when estimates and 2019 tax payments are due.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_6-28-20.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-estimated-tax-payments-important-considerations/

This week we’re talking about California conformity to various provisions of the Families First and CARES Acts.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_6-21-20.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-california-conformity-to-covid-19-changes

This week we’re covering residency audits and what the FTB is looking for and what kind of information they already have.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_6-14-20.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-goodbye-california-hello-residency-audit/

This week we have an update on AB 5 and worker classification, which is still a focal point in Sacramento even with all of the pandemic-related happenings.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_6-7-20.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-ab-5-is-full-steam-ahead/

This week we’re covering paycheck protection program loan fraud and the next round of legislation regarding this program.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_5-31-20.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-doj-already-picking-up-paycheck-protection-program-loan-fraudsters/

This week we’re covering some recent guidance regarding extensions for §1031 exchanges.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_5-24-20.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-1031-exchange-extensions/

This week we’re covering recontributions to §529 plans of refunded education expenses.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_5-17-20.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/extended-deadline-to-recontributed-education-expenses/

This week we’re covering net operating loss carrybacks under the CARES Act.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_5-10-20.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-cares-act-changes-to-net-operating-losses/

This week we are covering some guidance from the IRS about economic impact payments sent out to deceased taxpayers and what to do about those payments.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_5-3-20.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-irs-addresses-erroneous-economic-impact-payments/

This week we’re covering the suspension of the RMD requirement for 2020, as well as some considerations and remaining questions on this issue.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_4-26-20.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/recontributing-your-2020-ira-distribution

This week we’re covering a federal issue: the paycheck protection program loans and some common questions we’ve been getting about partnerships, loan forgiveness, and use of funds.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_4-17-20.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-paycheck-protection-program-loans-common-questions/

This week we’re covering the small business accounting method simplification provision, and making a retroactive election.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_1-26-20.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-small-business-accounting-method-reform-and-simplification

This week we’re talking about how a refund could show up in an unexpected year and why that sometimes happens.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_1-19-20.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-make-sure-a-refund-is-reported-in-the-correct-year

This week we’re covering some lawsuits that were recently filed in the wake of the passage of AB 5.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_1-12-20.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/ab-5-lawsuits-have-already-started/

This week we are talking about how changes to the federal W-4 have affected what is filed with the California Employment Development Department.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_1-5-20.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/when-must-new-withholding-forms-be-filed/

This week we’re talking about the involuntary dissolution program that the FTB will launch in January 2020

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_12-29-19.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-ftbs-involuntary-administrative-dissolution-program-begins-in-january/

This week we are talking about another round of FTB letters to taxpayers who should have filed a Form 3840 to report a like-kind exchange.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_12-15-19.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-ftb-sending-third-round-of-like-kind-exchange-demand-letters/

This week we’re covering a change in the way the FTB will disallow head of household status which shortens the process, but gives taxpayers fewer dispute options.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_11-24-19.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-ftbs-new-process-for-disallowing-hoh-status/

This week we’re looking at the worker classification issue as it’s playing out at the federal level and comparing that to what’s happening here in California with AB 5.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_11-17-19.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-the-gig-economy-will-the-feds-follow-california/

This week we’re talking about the new California health care mandate enacted by SB 78.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_11-10-19.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/make-sure-clients-have-health-care-to-avoid-new-california-penalty/

This week we’re looking at one sure-fire way to get snagged in a residency audit.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_11-3-19.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-when-does-a-resident-become-a-nonresident/

This week we’re covering federal and California solar credits and incentives.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_10-27-19.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-state-solar-incentives/

This week we’re covering a bill that was just signed, allowing more cannabis businesses to be able to deduct business expenses.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_10-20-19.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-california-will-allow-all-cannabis-businesses-to-deduct-expenses/

This week we’re talking about a case where the taxpayer was in prison and he came up against some interesting filing issues.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_10-13-19.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-doing-time-dont-get-popped-for-failing-to-file-too/

This week we’re talking about the state and local tax deduction limitation and a recent court case brought by several states, plus California’s College Access Tax Credit.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_10-6-19.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-states-challenge-to-10-000-salt-limitation-rejected/

This week we’re covering a tax appeal that affects nonresident sole proprietors who have California customers.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_9-29-19.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-nonresident-sole-proprietor-s-income-sourced-to-california/

This week we’re covering AB 5 and the provisions that affect various types of tax professionals.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_9-22-19.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/how-will-tax-pros-be-affected-by-ab-5/

This week we’re covering some §199A guidance that appeared in draft form instructions, but which the IRS hasn’t commented on previously.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_9-8-19.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/irs-releases-quiet-199a-guidance/

This week we’re covering the mailbox rule and how to prove when a document was mailed, plus some mailing tips for California purposes if you’re using a private carrier like FedEx.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_9-8-19.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-the-demise-of-the-mailbox-rule/

This week we’re covering some notices the FTB uses to collect extra information from taxpayers, and the best way to respond to those notices.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_9-1-19.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/responding-to-ftb-requests-for-more-information/

This week we’re taking a look at the areas of nonconformity that have not yet been addressed by legislation.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_8-25-19.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/which-areas-of-nonconformity-remain/

This week we’re covering what a K-1 can tell us regarding an entity being a qualified trade or business or an SSTB.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_8-18-19.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/199a-and-k-1-reporting/

This week we’re covering the taxability of pension payments to former California residents, and the importance of keeping documentation related to these payments.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_8-11-19.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-taxability-of-nonresident-pensions/

This week we’re covering the steps needed to make both of these elections until formal guidance is released.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_8-4-19.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-how-to-make-small-business-accounting-and-partnership-termination-elections-for-2018-returns/

This week we’re covering some forms updates for tax year 2019.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_7-28-19.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-draft-form-1040-sr-released-for-2019/

This week we have some information on California’s new health care mandate which goes into effect in January of 2020.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_7-21-19.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-californias-new-individual-health-care-mandate/

This week we’re talking about the pros and cons of the practice of filing extensions with no tax due, and how it could possibly affect the state return among other things.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_7-14-19.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-filing-zero-due-extensions-good-idea-or-not