Tax News
December 2013

New Legislation that Affects CTEC Registered Tax Preparers

As part of a new consumer-protection law, the California Tax Education Council (CTEC) now has legislative authority to take disciplinary action against CTEC-registered tax preparers.  / more+

How to Verify, Avoid, and Report Fraudulent Tax Professionals

In a continued effort to partner with CTEC to ensure regulatory compliance and enforcement, tax preparers can expect heightened enforcement efforts.  / more+

Recent Developments in California Research Credit Audits

Since the California Research Credit Interested Parties Meeting (IPM) last October, we identified and evaluated opportunities to improve and streamline our research credit cases.  / more+

MyFTB Account, Formerly Known as External Taxpayer Folder Postponed

We decided to postpone public deployment of the new EDR functionality for MyFTB Account until June 30, 2015.  / more+

Taxpayers’ Rights Advocate’s Office Mission and Annual Report

It is the Mission of Taxpayers’ Rights Advocate’s Office (TRAO) to work with Franchise Tax Board (FTB) program areas to protect taxpayers’ rights.  / more+

AB 672 Enacted, Eliminates Need for Estate Income Tax Clearance Certificate

On September 6, 2013, the governor signed Assembly Bill (AB) 672, which eliminates the need for an estate income tax clearance certificate.  / more+

California Form 199 Filing Fee Exception

California Form 199, California Exempt Organization Annual Information Return requires a $10 filing fee.  / more+

New 1031 Filing Requirements for California

Last month, we talked about new annual information return filing requirements for taxpayers who use IRC Section 1031 to defer gain or loss when selling California property.  / more+

FTB 2013 Webinars

On November 5, 2013, we presented our last webinar for the year.  / more+

Ask the Advocate

CalCPA Annual Meeting

On October 22, 2013, we held our annual liaison meeting with the California Society of Certified Public Accountants (CalCPA).  / more+

Event Calendar

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

Business Income: Where Are We Today – Part 3

In our October 2013 edition of Tax News, we looked at nonresidents with apportioning business, trade, or profession income with a focus on several law changes summarized in our September 2013 edition of Tax News. In this article, we will focus on partnerships.  / more+