February 2018 Tax News

Tax News is designed to inform tax professionals about state income tax laws; our regulations, policies, and procedures; and events that affect the tax professional community.

• What’s new for filing 2017 tax returns
  

  New standard deductions, exemptions, contributions, and more.

• Advantages of the new Schedule X
  

  You are now able to e-file 2017 individual amended returns with the new Schedule X.

• Tax deduction - charitable contributions

  Did your client give a gift or make a contribution in 2017 to a qualified charitable organization?

• Reminder: we have new Power of Attorney (POA) Declarations forms
  

  As of January 2, 2018, we only process the following POA Declaration forms:

• Small business tax seminars 2018
  

  Check for one near you!

• California Tax Education Council targets ghost tax preparers
  
  
• Wildfire, flood, and mudslide victims receive more time to file and pay
  

  We automatically follow federal postponement periods for any presidentially-declared disasters.

• Recent IRS directive for the California research credit
  

  You may be wondering what this directive means for the California research credit.

• Ask the Advocate
  

  2017 tax season is underway

• MyFTB Corner
  

  Webinar: MyFTB updates

• MyFTB Corner
  

  Save time, register as a tax professional in MyFTB

• MyFTB Corner
  

  Renew your clients in MyFTB for uninterrupted access

• MyFTB Corner
  

  Upload FTB 3520 PIT or FTB 3520 BE when submitting a Power of Attorney (POA) Declaration using MyFTB

• All about business
  

  Market-based sourcing discussions continue

• Event calendar

  As part of education and outreach to our tax professional community, we participate in many different presentations and business fairs