Podcast: Are employer paid family leave benefits taxable?

Posted on by Anthony Abeyta

This week we’re covering the taxability of paid family leave benefits offered by a private employer.

To listen to this podcast, go to: https://traffic.libsyn.com/secure/spidellpublishing/SCM_12-05-21.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-are-employer-paid-family-leave-benefits-taxable/

Podcast: Keeping score in the residency game: FTB 1, Taxpayer 0

Posted on by Anthony Abeyta

This week we’re covering a recent appeal in which taxpayers tried to use the Bragg factors to end their California residency, but found it takes more than meeting a few factors to become a true nonresident.

To listen to this podcast, go to: https://traffic.libsyn.com/secure/spidellpublishing/SCM_6-27-21.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-keeping-score-in-the-residency-game-ftb-1-taxpayer-0/

California has NOT passed AB 80: the PPP forgiveness bill

Posted on by Anthony Abeyta

AB 80, the bill that would allow up to $150,000 of expenses to be deducted if paid with PPP forgiven loan amounts has not yet passed. There has been no activity, and we can’t get good information on when and if it will pass, and what will actually be included in the final bill. Here are a few important things to know:

  • We will send you a Flash E-mail as soon as it passes providing complete information on the details of the final bill (Click here to sign up for our free Flash E-mail);
  • Because there is speculation that the $150,000 amount could change, we suggest you extend any returns where the taxpayer received a PPP loan or had EIDL or other federal grant payments until we know the details;
  • Consider filing extensions for all returns that have been filed and if there is a change you can file a superseded return, rather than an amended return.

Get details on the American Rescue Plan — as well as a brief update on AB 80 when you attend The American Rescue Plan: Tax Implications webinar on March 22 or March 23. Click here for more information or to register for the webinar.

Tribune: How do you hide $2 billion? (Apparently you don’t)

Posted on by Anthony Abeyta

You can read this week’s edition of Spidell’s Tax Season Tribune at:

www.caltax.com/spidellweb/public/marketing/TaxSeasonTribune/2021/2-21/tribune.html

In this issue:

  • How do you hide $2 billion? (Apparently you don’t)
  • BLAST FROM THE PAST: San Franciscans Threatened With Jail Time for Not Wearing Masks Properly
  • Acronym multiplication

Podcast: Filing California returns after identity theft

Posted on by Anthony Abeyta

This week we have some gifting strategies to consider since we are nearing the end of the year.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_12-08-19.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-california-returns-after-identity-theft/

Podcast: Year-end gifting strategies

Posted on by Anthony Abeyta

This week we have some gifting strategies to consider since we are nearing the end of the year.

To listen to this podcast, go to: http://traffic.libsyn.com/spidellpublishing/SCM_12-01-19.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-year-end-gifting-strategies/

Podcast: Federal and California legislation affecting tax professionals

Posted on 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: Using the Ralite case and offers in compromise

Posted on 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

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-using-the-ralite-case-and-offers-in-compromise/

Podcast: Administrative dissolution: an alternative to Ralite

Posted on 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 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 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

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-state-mandated-retirement-program-in-the-works/

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

Posted on 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

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-how-a-1099-b-can-be-an-audit-red-flag/

Podcast: Changes to some POA declarations

Posted on 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

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-changes-to-some-poa-declarations

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

Posted on 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

Subscribers to Spidell's California Taxletter® or the Online Research Package can access the transcript here: www.caltax.com/research/california-taxletter/podcast-transcripts/california-adopts-500-000-economic-nexus-threshold-for-use-taxes/

Podcast: Notices you may get from the FTB

Posted on 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

Subscribers to Spidell's California Taxletter® or the Online Research Package can access the transcript here: www.caltax.com/research/california-taxletter/podcast-transcripts/notices-you-may-get-from-the-ftb/

Podcast: Post-tax season catch-up

Posted on 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

Subscribers to Spidell's California Taxletter® or the Online Research Package can access the transcript here: www.caltax.com/research/california-taxletter/podcast-transcripts/post-tax-season-catch-up/

Tribune: Tribune Cocktails 2019

Posted on by Anthony Abeyta

You can read this week’s edition of Spidell’s Tax Season Tribune at:

www.caltax.com/spidellweb/public/marketing/TaxSeasonTribune/2019/cocktails/tribunecocktails.html

In this issue:

  • §199A (Complex and packs a punch: caffeine PLUS alcohol)
  • QBI (Quit before intoxication)
  • Crack and pack (Crack open the bubbly and funnel it into an icy highball glass)
  • Marg-OH-RITA (Lynn Freer’s inspiration — cheers to Ohio’s Regional Income Tax Agency)
  • Nonrecognition transaction (Earthy and fragrant mocktail)

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

Posted on 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

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-is-your-2017-refund-included-on-the-1099-g/

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

Posted on 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

Subscribers to Spidell's California Taxletter® or the Online Research Package can access the transcript here: www.caltax.com/research/california-taxletter/podcast-transcripts/new-voluntary-disclosure-program-picks-up-where-old-one-left-off/

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

Posted on 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

Subscribers to Spidell's California Taxletter® or the Online Research Package can access the transcript here: www.caltax.com/research/california-taxletter/podcast-transcripts/what-does-the-government-shutdown-mean-for-tax-pros/

Podcast: Report federal adjustments to the FTB

Posted on 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

Subscribers to Spidell's California Taxletter® or the Online Research Package can access the transcript here: www.caltax.com/research/california-taxletter/podcast-transcripts/report-federal-adjustments-to-the-ftb/

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

Posted on 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

Subscribers to Spidell's California Taxletter® or the Online Research Package can access the transcript here: www.caltax.com/research/california-taxletter/podcast-transcripts/see-what-an-entity-needs-to-do-to-avoid-being-assessed-the-800-tax/

Podcast: Residency and the 546-day rule

Posted on 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

Subscribers to Spidell's California Taxletter® or the Online Research Package can access the transcript here: www.caltax.com/research/california-taxletter/podcast-transcripts/residency-and-the-546-day-rule/

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

Posted on 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

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-planning-for-the-irc-199a-deduction-businesses/

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

Posted on 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

Subscribers to Spidell's California Taxletter® or the Online Research Package can access the transcript here: www.caltax.com/research/california-taxletter/podcast-transcripts/planning-for-the-irc-199a-deduction-individuals/

Podcast: New Schedule CA addresses TCJA nonconformity

Posted on 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

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-new-schedule-ca-addresses-tcja-nonconformity/

Podcast: Use tax letters being sent to individuals

Posted on 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

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-use-tax-letters-being-sent-to-individuals/

Podcast: Administrative dissolution for inactive LLCs and corporations in California

Posted on 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