Self-Study
2
Basic
Taxes
There are no prerequisites.

Course Description

Filing California taxes for clients who live outside of California either part time or all year can prove quite challenging. For this course, tax expert Karen Brosi teams up with Susan Maples, the Taxpayers' Rights Advocate for California's FTB. Topics covered include the top ten challenges facing practitioners and their clients, such as registering as a foreign business entity, apportionment, and penalties, as well as entity dissolution.



Instructors

Karen Brosi, CFP, EA

Karen Brosi, CFP, EA, has an extensive California tax practice, advising clients in individual tax and family wealth planning, specializing in complex individual income tax matters and all types of securities transactions. Her background as a CFP and as a tax preparer for the wealthy makes her particularly effective in the tax and financial planning arenas. Karen teaches tax professionals how to avoid tax minefields with her extensive planning checklists and practical tips.

Besides being one of the most prominent California tax update instructors, she’s a favorite interviewee on radio, television, and in print media, such as Bloomberg Businessweek. Karen’s powerful real-life presentations pinpoint critical federal and state tax areas, teaching tax professionals what they need to know to optimally assist their clients. Karen was the recipient of the California CPA Education Foundation 2012-2013 Outstanding Webcast Instructor award.

Susan Maples, CPA

Susan Maples, CPA, is the Taxpayers' Rights Advocate with the Franchise Tax Board (FTB). She has been with the FTB for 20+ years working in both the Sacramento and Southern California field offices. She started as an auditor and has experience with personal income tax and corporate tax law. Susan also has experience as a public affairs spokesperson and presenter with the education and outreach program.



Course Specifics

Taxes
Feb 9, 2018
There are no prerequisites.
SS8172583
None


Compliance Information

103220
CTEC Provider #: 2071
CTEC Course ID: 2071-CE-1210
CTEC Federal Tax Law Credits: 2
Qualifies for CA Fraud: No


Learning Objectives

Upon successful completion of this course, participants will be able to:

Section 1

  • Recognize business taxpayers that meet the definition of 'doing business' in California, noting the requirements under Public Law 86-272
  • Identify the steps out-of-state businesses must take to register as a foreign business entity in California, and the steps a business must take to revive a lapsed registration
  • Determine what constitutes a California LLC, noting the California tax issues impacting LLCs
  • Note the sales requirements and throwback rules for purposes of California tax law

Section 2

  • Recognize the methods of apportionment applicable to California income and franchise taxes, noting the impact of cases and rulings
  • Specify assessment amounts, tax rate percentages, and waiver requirements for California income and franchise taxes
  • Identify mandatory e-filing requirements for businesses filing tax returns in California
  • Recognize the steps in dissolving an entity with the California Secretary of State and the Franchise Tax Board
  • Note the applicable penalties for failure to file and failure to pay, and the requirements for penalty relief through the Voluntary Disclosure Program
  • Note the characteristics and requirements of the MyFTB account for businesses


Choose Your Preferred Format


Online Access

Get immediate access to a robust collection of learning and reference materials, allowing you to dive deep into the information you need. Our self-study materials are authored by top-quality, industry experts who focus on helping you grasp concepts quickly using real-life examples. Download your CPE to any device, and take it with you so you can learn when and wherever you want. Complete your CPE with an online exam, and enjoy instant grading with the option to print your certificate immediately upon passing.

online access
Hard Copy

Our self-study materials are authored by top-quality, industry experts. You’ll receive a bound notebook of all the course materials, shipped to you within one business day. In addition, you’ll also have full online access. Each self-study package includes a robust collection of learning and reference materials to help you cover the information efficiently and put it into practice immediately.

hard copy
Self-Study Video

Experience high-quality instruction with our Self-Study Videos, available to you 24/7. With more than 80+ videos currently in the Western CPE Self-Study Video library, you can see and hear our expert instructors deliver the information you need in a dynamic way that allows you to immediately apply your learning. Unlike a live course or webcast, you can complete the course on your own time, playing and pausing as needed. Self-Study Videos allow you to complete your CPE requirements on your own time.

hard copy


Back to top