Spidell's California Minute

This week we're covering some of the California tax legislation that was signed into law this year.

This week we're talking about when California taxes military pay.

This week we're covering what to consider when filing a final corporate return.

This week we're covering key issues to keep in mind when dividing property in a divorce.

This week we're covering how to report community income earned by a nonresident spouse.

This week, we're covering San Francisco's vacant property tax, which a California appeals court struck down.

This week, we're covering another FUTA tax increase that may be coming in January.

This week, we're covering the California Common Cents Act, which addresses an approach to rounding cash transactions in light of the discontinuation of the penny.

This week we're covering the estimated tax underpayment penalty, including the safe harbor and the annualized income installment method.

This week, we're covering some implementation issues concerning the new digital products and services tax.

This week we're covering recent changes to the reinstated Medi-Cal asset limit.

This week, we're covering Proposition 19 base-year value transfers for taxpayers over age 55.

This week, we're covering making sure that taxpayers claim all the withholding they are entitled to, and which notices the FTB may send.

This week we're covering the new electric vehicle rebate program created by SB 168, which has been signed by the Governor.

This week we're covering some of the propositions that will be on the ballot in November, including Proposition 40, the wealth tax.

This week we're covering the FTB's recent legal ruling clarifying when a discretionary trust beneficiary becomes noncontingent.

This week, we're covering California's final budget deal, which contains numerous tax changes.

This week we're covering P.L. 86-272, which protects businesses from being assessed state income tax if their only activity in a state is the solicitation of orders.

This week we're covering the different notices the FTB sends to taxpayers when they need to confirm their identity.

This week we're covering California's one-time penalty abatement program, including how it differs from the IRS's First Time Abate program.

This week we're covering a budget proposal to tax electronic digital products and services, and the questions this proposal raises.

This week we're covering what constitutes a superseding return for the purposes of making or revoking a passthrough entity tax election.

This week we're covering the tax changes in the Governor's revised budget proposal.

This week we're talking about the process for filing a protective claim for refund.

This week, we're covering the consequences of failing to file Form 3840, California's like-kind exchange form.

This week we're covering the refund intercept programs the FTB uses when a taxpayer owes money to another agency.

This week we're covering federal and California law changes that taxpayers need to consider when deciding whether to make the June 15 prepayment.

This week we're covering California conformity to federal alimony treatment.

This week we're covering California's treatment of Trump accounts and contributions.

This week we're covering LLC filings, and the answers to questions we get frequently from tax practitioners.

This week we're talking about entities that ceased doing business but never dissolved, and what their options are.

This week we're covering California nonconformity to the federal rules for business meals and entertainment.

This week we're covering tips for truly becoming a nonresident, as well as things not to do when trying to change residency.

This week we're covering the purpose of the economic nexus thresholds when taxpayers who fall below the thresholds are still being determined to be doing business in California.

This week we're covering the answers to questions wqe've been getting about which employers need to register for CalSavers before the end of the year to avoid penalties, including household employers and employee owners.

This week we're covering the top 10 things to know about filing Form 540 for 2025.

This week we're talking about tax planning for dissolutions that happen at the end of the year.

This week we're covering important end-of-year tax-saving opportunities that your clients won't want to miss out on.

This week we're looking at various provisions that California now does or does not conform to following the passage of SB 711.

This week we're covering ways to reduce tax caused by the elimination of California's SDI wage base.