Tax News
August 2012

Cost Recovery Fees Changes

The cost recovery fee is comprised of two separate fees: the filing enforcement fee and the collection fee.  / more+

New Legislation

Senate Bill (SB) 1015 became law on June 27, 2012.  / more+

Use Tax Publication Revised

Need a quick overview of California Use Tax filing requirements?  / more+

Power of Attorney Form Update

The Power of Attorney (POA), Form 3520, is one of the first pieces of information that may be requested from you when you call our practitioner hotline.  / more+

Should I File my Business Entity Return Even Though I Do Not Have the Money to Pay?

If you owe, but cannot pay your taxes by the due date, you still must file your return on time and pay as much as you can.  / more+

Kiddie Tax – When the Child Files the Return

Like federal law, California requires certain children with investment income above $1,900 to be taxed at the parent’s tax rate if the parent’s tax rate is higher.  / more+

Tax News Flashes Update

We now have an archive webpage dedicated to the Tax News Flashes.  /  more+

CSEA-IRS Federal Representation Workshop 2012

CSEA and the IRS once again partner to bring you a workshop that focuses specifically on how to best represent your clients.  / more+

Ask the Advocate

The "How-To" on Two Withholding Issues: Pass-Through Withholding and Withholding on Group Returns

Under California law, there are various reasons why pass-through entities such as S corporations partnerships, and limited liability companies (LLCs) classified as partnerships, may have taxes withheld from payments made to them.  / more+

Event Calendar

As part of education and outreach to our tax professional community, we participate in many different presentations and fairs. We provided this calendar to show the events we are attending.  / more+

EDR in the News

See what’s new with our new Enterprise Data to Revenue (EDR) project.  / more+

Inside FTB

Take a look at the changes happening here at FTB.  / more+

Big Business

A Guide to Formally Terminate a Business Entity’s Legal Existence

In general, a business legal existence in California occurs with the filing of specific formation documents with California’s Secretary of State.  / more+