Spidell's California Minute

Another FUTA increase likely coming in January

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

California Common Cents Act sent to Governor

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.

Understand the estimated tax underpayment penalty

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

New digital products and services tax implementation issues

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

More changes to the Medi-Cal asset limit

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

Understanding base-year value transfers for taxpayers over age 55

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

Make sure your clients don't lose out on withheld amounts

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

California launches new EV rebate program

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

Propositions on the November ballot

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

FTB clarifies when a discretionary trust beneficiary becomes noncontingent

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

Final California budget deal contains numerous tax changes

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

Walking the P.L. 86-272 tightrope

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.

Which FTB notices request taxpayer identity information?

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

California's one-time penalty abatement program

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

Will California be the next state to tax electronic digital products and services?

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

Passthrough entity tax elections and superseding returns

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

Governor includes tax changes in revised budget proposal

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

File a protective claim to avoid losing out on a refund

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

The consequences of failing to file California's like-kind exchange form

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

FTB's refund intercept programs

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