California Audit, Tax and Consulting

A strong history serving California

With offices throughout California–including San Francisco, San Jose, Los Angeles, Irvine and San Diego–RSM has an expansive presence in the state that continues to be one of the major international hubs of innovation and business leadership. We serve more than 2,000 businesses in all major industries–many with a global presence. Our client base continues to grow as does our commitment to professional development of our skilled workforce. We take pride in our diversity–both within our employee base and the clients that we serve.

Commitment to the community

Our commitment to California extends beyond serving the needs of our clients. Our personnel devote their time, money and efforts to many local charitable organizations, fundraisers and events. For example, in 2015 RSM raised approximately $70,000 to benefit a variety of charities in California through the firm’s Birdies Fore Love program as a part of the 2015 RSM Classic.

Employment opportunities

For information about the employment opportunities currently available in California, please visit the Careers section of our site.

California Insights

California FTB issues guidance on application of section 382

For California purposes, section 382 applies on a pre-apportionment basis, RBIGs, NUBIGs, RBILs and NUBILs on a post-apportionment basis.

Franchise tax did not apply to ownership interest in California LLC

FTB declines appeal of decision finding that 0.2 percent interest in a manager-managed LLC did not constitute ‘doing business’ in the state.

2016 San Francisco GRT and Payroll Expense Tax return due in February

2016 combined annual filing of the San Francisco Gross Receipts Tax and Payroll Expense Tax is due on Feb. 28, 2017.

California, Gillette and the Multistate Tax Compact

Taxpayer appeals to Supreme Court on ability to elect the MTC’s three-factor apportionment formula in calculating California franchise tax.

California FTB adopts long-awaited market-based sourcing amendments

California FTB adopts market-based sourcing amendments clarifying sourcing of receipts from marketable securities and interest income.

California court rules merchandise credits not subject to escheatment

A significant unclaimed property decision by a California court may indicate a refund opportunity for retailers. Are there opportunities elsewhere?

US Supreme Court denies cert in Taylor v. Yee

U.S. Supreme Court denies certiorari in a case challenging California’s unclaimed property owner notification and escheatment requirements.

California FTB issues advice regarding Texas franchise tax

FTB advises individuals that they are not allowed a credit against individual tax for Revised Texas Franchise Tax paid.

California Labor Commission rules Uber drivers are employees

Uber drivers are reclassified as employees rather than independent contractors subjecting Uber to employer regulatory and tax regimes.

San Francisco gross receipts tax phasing in

San Francisco to fully phase out payroll tax by 2018. Final first year payment of gross receipts tax under Proposition E is due March 2, 2015.

Application periods announced for California Competes Tax Credit

California announces fiscal year 2014-15 application periods for more than $150 million in jobs and investment income tax credits.

California FTB approves request to proceed with apportionment changes

The California FTB has approved a staff request to finalize proposed changes to the state’s sales factor market-based sourcing rules.

New California FTB reporting requirement for like-kind exchanges

The California Franchise Tax Board recently introduced a new annual filing requirement to track deferred section 1031 gain from California property.

California to revise partnership income apportionment regulations

The California Franchise Tax Board announced it is moving forward with amendments to the state’s partnership income apportionment regulations.

New California sales and use tax exemption now available

California’s new sales and use tax exemption for purchases of tangible personal property used in manufacturing or R&D is now in effect.

California updates withholding at source regulations

California Franchise Tax Board adopts final revised withholding at source regulations; related guidance and form instructions may be out of conformity.

2014 Manufacturing & Distribution Monitor state reports

To supplement the 2014 Monitor report, a number of additional reports provide an in-depth look at the industry in various states across the country.

Attention to detail maximizes enterprise zone credit opportunity

Securing maximum credit value requires a solid understanding of business operations, the details of available tax credits, and where they intersect.

California Office Locations

18401 Von Karman Ave.
Fifth Floor
Irvine, CA 92612

Gretchen Valentine, Office Managing Partner

Los Angeles
515 South Flower St.
41st Floor
Los Angeles, CA 90071

Joe Mazza, Office Managing Parnter

San Diego
1455 Frazee Rd.
Suite 600
San Diego, CA 92108

Jerry Varga, Office Managing Partner

San Francisco
44 Montgomery St.
Suite 3900
San Francisco, CA 94104

Tim Tiefenthaler, Office Managing Partner

San Jose
100 West San Fernando St.
Suite 460
San Jose, CA 95113

California Events

RSM and PCBB’s 2017 Executive Management Road Tour

Learn what the Trump administration and today's economy mean for banks, how to address CECL, where competitive opportunities are and more.

  • August 07, 2017

RSM’s 41st Annual National Credit Union Conference

Gain key insights at RSM’s 41st Annual National Credit Union Conference, Oct. 12–13, 2017, at the Coronado Island Marriott Resort and Spa.

  • October 12, 2017