January 2019 Tax News

Tax News is designed to inform tax professionals about state income tax laws; our regulations, policies, and procedures; and events that affect the tax professional community.

• Reminder: Business entity payment notification letters going out soon
• Request for, California like-kind exchanges (FTB 3840), letters going out
• Common personal income tax audit issues
• Tax Appeals Assistance Program (TAAP) information now available
• California competes tax credit
• Conformity hearing and input
• Delayed 1099-G (certain information returns)
• New 2019 California legislation changes CTEC requirements for CRTPs
• IRS video portal offers a new webinar
• Ask the Advocate

  Taxpayers’ Bill of Rights Hearing summary

• Chief Counsel

  Market-based rules and the tax effects on the sole proprietorship.

• MyFTB Corner

  Requesting Full Online Account Access in MyFTB

• All about business

  Business Income: Where are we today – Update/changes related to partner/partnerships begin in 2019

• Event calendar

Have a topic or tax question you’d like us to address? We want to hear from you! Submit your ideas to us: taxnews@ftb.ca.gov