Selected Topics for California Taxes

Study Level:  Basic

Delivery Method:  Online self-study

Number of California CE Hours:  5

Course Description:

The California Tax Return can be rather complex and intricate. In this course, several topics are covered in detail to help the tax professional completely and accurately prepare 2014 California tax returns. This is not meant to be a basic overview on how to prepare a California tax return, this course is simply described as an in-depth exploration of several topics germane to California tax return preparation. The main topics addressed in this course are the following:
  • California Residency Rules and Requirements
  • Registered Domestic Partners (and Same Sex Married Couples)
  • California Tax Changes for Tax Year 2014
  • Collection Processes
After successfully completing this course, students will be able to
  • correctly apply the rules to determine California residency for tax purposes, including the requirements for a change of tax residency status when a taxpayer enters or leaves the state of California;
  • correctly determine whether specific items of income for California residents and nonresidents are taxable in California, taking into account whether the source of the income was from within or outside the state;
  • state the requirements for the establishment and recognition in California of a registered domestic partnership and a same-sex married couple;
  • describe how community property rules affect registered domestic partners and same-sex married couples in California;
  • give examples of the adjustments that may need to be made on federal and California tax returns for registered domestic partners and same-sex married couples;
  • correctly describe the methods for computing 2014 tax rates, tax brackets, credits and deductions, including the impact of Proposition 30;
  • explain the general principles of how the FTB charges interest on its collection activities and the different types of penalties the FTB can impose under certain circumstances, including the methods by which taxpayers can apply for abatement; and
  • describe in general terms the FTB’s offer in compromise program and its innocent joint filer program, including the ways in which these programs are applied; and
  • describe in general terms the resources available to taxpayers under the California Taxpayers’ Bill of Rights and the associated responsibilities placed on the Franchise Tax Board.
Since this course covers California tax law, instead of federal tax law, it will only be reported to CTEC.