California Tax Update: Part 2 (Completed)
Date: Tuesday, January 23, 2024
Instructor: Steven Gill
| Begin Time: |
9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time |
| CPE Credit: |
2 hours for CPAs
2 hours California Tax for CTEC
2 hours Federal Tax Law Updates for EAs and OTRPs |
|
Join Dr. Steve Gill, as he provides an update on individual income tax issues for those preparing 2023 California income tax returns. Coverage will include a comparison of significant differences between federal and California income tax compliance.
Who Should Attend
California preparers needing to meet their CTEC qualifications for the year, as well as any tax practitioner or preparer needing to prepared California tax returns for 2022.
Topics Covered
- New federal SECURE 2.0 legislation and impact on CA individual returns and CalSavers Mandate
- CA conformity on miscellaneous items
- Certain CA Tax Credits and CA Conformity/Non?conformity
- CA Estimated Taxes
- CA Non-resident Issues
- CA Department of Tax and Fee — Sales Taxes
- CA marijuana?related deductions
- CA depreciation differences
- IRS/CA Various Provisions and CA
- CA Worker Classification
- CA cancellation of debt
- Tax-free exchanges — inside and outside California
- CA pensions after moving out of CA
- California Estate and Gift issues
- Using the MyFTB online system
- California's various Taxpayer Advocates
- California Audit and Collections Resources
Learning Objectives
- Recognize Federal/California conformity issues in individual income tax
- Describe new California tax legislation
- Apply California tax law to compute California taxable income and individual income tax liability
Level
Update
Instructional Method
Group: Internet-based
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
A basic understanding of California tax.
Advance Preparation
None
