California Tax Update: Part 1
Author: Douglas Kelley
| CPE Credit: |
2 hours for CPAs
2 hours California Tax for CTEC
2 hours Federal Tax Law Updates for EAs and OTRPs |
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2028 to receive credits. 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.
Publication Date: February 2025
Designed For
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
- SECURE 2.0
- Legislation Update
- General Annual Updates
- California Tax Credits
- Health Care Mandate
- Overview of Schedule CA
- IRS/CA Taxable Income Compared
Learning Objectives
- Recognize Federal/California conformity issues in individual income tax
- Describe new California tax legislation
- Recognize how to apply California tax law to compute California taxable income and individual income tax liability
- Identify the 2024 California exemption credit for head of household
- Identify the phase-out range for taxpayers with respect to the renter’s credit
- Identify some California related tax credits and their application to individuals
Level
Update
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
A basic understanding of California Tax.
Advance Preparation
None
