Spidell's California Minute

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.

This week we're covering California's recent conformity to TCJA alimony provisions, and which taxpayers are affected.

This week we're covering new California conformity to retirement contribution deductions, following the passage of California's conformity bill SB 711.

This week we're covering some changes to the California requirements to obtain a new CPA license and new exemptions from CTEC registration.

This week, we're covering the Medi-Cal asset test, which was phased out in 2024 but will be reinstated starting in 2026.

This week we're covering filing tips for taxpayers whose wildfire postponed filing deadline is approaching on October 15.

This week, we're covering changes to how certain multistate service providers, including tax professionals, apportion income to California.

This week we're covering an expanded income exclusion for certain taxpayers who received settlements to cover wildfire-related expenses.

This week we're covering when community ends for the purposes of community property laws.

This week we're covering the pros and cons of filing as married filing separate.

This week we're covering what to do in an FTB residency audit.

This week we're covering entity identification numbers and classification changes.

This week we're covering what to do when an estranged spouse won't provide the required tax information.

This week we're covering some recently enacted property tax law changes.

This week we're covering California nonconformity to the provisions of the One Big Beautiful Bill Act.

This week we're covering how to avoid real estate withholding errors related to sales by trusts.

This week we're covering changes to California's passthrough entity elective tax, following the passage of SB 132.

This week, we're covering the basics of the CalKIDS savings program because schools will begin notifying families about the accounts starting with this school year.

This week we're covering reporting income after a taxpayer leaves California.

This week, we're covering the CalSavers registration requirement for businesses with at least one California employee.

This week we're covering reporting issues for workers who are classified as California employees and federal independent contractors.

This week we're covering late-payment notices that the FTB is sending for the 2024 tax year.

This week, we're discussing the tax and filing requirements of changing an LLC's tax classification.

This week, we're covering the tax changes in the Governor's proposed budget revision.

This week we're covering how to treat insurance payments and other reimbursements received after a disaster.

This week we're covering how to help clients who never formally dissolved entities.

This week we're covering whether Employee Retention Credit adjustments are required on the California return.

This week, we're covering when the FTB can intercept a taxpayer's refund.

This week we're covering some considerations for making the passthrough entity tax prepayment, due on June 16.

This week we're covering property tax planning options for taxpayers affected by the Los Angeles wildfires.

This week we're covering some tips regarding the passthrough entity tax.

This week we're covering the disaster postponements for Los Angeles County wildfire victims.

This week we're covering some California filing updates to be aware of for the start of the 2025 filing season.

This week we're covering key nonconformity issues to watch for on 2024 returns.