Stay informed and up-to-date with the latest changes in California tax law. This course is designed for tax professionals, including Certified Registered Tax Preparers (CRTPs), California CPAs, and other advisors. Explore provisions from the Tax Preparation Act, understand federal and California tax law developments, and delve into critical areas like retirement accounts and worker classification. Gain practical insights on residency determination, filing statuses, and handling income for California tax purposes.

• identify recent federal tax law changes and areas of California conformity and partial conformity
• understand residency status and filing status requirements
• describe the broad scheme of taxation in California, including income tax, property tax, and sales and use tax
• recognize different types of income and California sourcing issues
• describe the various withholding requirements California law places on transfers of funds to taxpayers, including payroll tax and tax on certain real estate

Tax Year: 2023-2024