
Tax Alert
California Franchise Tax Board issues first report on tax reform
California Franchise Tax Board issues first of three reports discussing implications of recent federal tax reform.
California Franchise Tax Board issues first of three reports discussing implications of recent federal tax reform.
FTB provides state guidance on federal tax reform addressing the medical expense deduction, the SALT deduction and repatriation.
Tax incentives focused on job growth and investment, many of which have already expired, extended through budget legislation.
Employer leave-based donation programs let employees forgo personal leave in exchange for cash payments to charities for disaster relief.
The IRS has provided disaster relief, including retirement accounts, to the taxpayers affected by the wildfires in California.
California taxpayers located in several counties are eligible for disaster-related benefits such as filing and payment extensions.
The IRS announced tax relief to certain northern California counties impacted by the recent outbreak of wildfires.
General Assembly establishes two new agencies to replace Board of Equalization’s tax appeals and tax administration functions.
The first round of funding for the California Competes Tax Credit for FY 2017-18 opens July 24, 2017, and will close on Aug. 18, 2017.
For California purposes, section 382 applies on a pre-apportionment basis, RBIGs, NUBIGs, RBILs and NUBILs on a post-apportionment basis.
FTB declines appeal of decision finding that 0.2 percent interest in a manager-managed LLC did not constitute ‘doing business’ in the state.
Taxpayer appeals to Supreme Court on ability to elect the MTC’s three-factor apportionment formula in calculating California franchise tax.
California FTB adopts market-based sourcing amendments clarifying sourcing of receipts from marketable securities and interest income.
A significant unclaimed property decision by a California court may indicate a refund opportunity for retailers. Are there opportunities elsewhere?
U.S. Supreme Court denies certiorari in a case challenging California’s unclaimed property owner notification and escheatment requirements.
Uber drivers are reclassified as employees rather than independent contractors subjecting Uber to employer regulatory and tax regimes.
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.
California announces fiscal year 2014-15 application periods for more than $150 million in jobs and investment income tax credits.
The California FTB has approved a staff request to finalize proposed changes to the state’s sales factor market-based sourcing rules.
The California Franchise Tax Board recently introduced a new annual filing requirement to track deferred section 1031 gain from California property.