California Tax Update: Part 2 (Completed)
Date: Thursday, February 20, 2025
Instructor: Douglas undefined Kelley
| Begin Time: |
9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time |
| CPE Credit: |
2 hours for CPAs
2 hours California Tax for CTEC
2 hours Federal Tax Law Updates for EAs and OTRPs |
|
NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
Join Doug Kelley, as he provides an update on individual income tax issues for those preparing 2024 California income tax returns. Coverage will include a comparison of significant differences between federal and California income tax compliance.
Who Should Attend
California preparers needing to meet their CTEC qualifications for the year, as well as any tax practitioner or preparer needing to prepare California tax returns for 2024.
Topics Covered
- CA Depreciation Summary
- CA Worker Classification
- Fed Clean Vehicle Credit
- Fed Residential Energy Credit
- CA Power of Attorney and Tax Infor Authorization
- Military Spouse Tax Residency
Learning Objectives
- Recognize Federal/California conformity issues in individual income tax
- Identify California tax law to compute California taxable income and individual income tax liability
- Identify the bonus depreciation rate for property placed into service in 2024 and the Section 179 limit for 2024
- Identify how many primary "short-cuts" the "repair regs" primarily focus on
- Recognize law surrounding military spouse tax residency
Level
Update
Instructional Method
Group: Internet-based
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
A basic understanding of California Tax.
Advance Preparation
None
