5-Hour California Tax Law Bundle
5 CA Tax Law Hours
$179.00
This 3-course bundle covers where California breaks from federal law and what it charges the businesses you file for. It ends with a one-hour rundown of what changed for 2026. If your clients have California income, whether they live there, sell into the state or just moved out, we built this one for you.
Included Courses:
- California Business Taxation: An S corporation pays 1.5% of its net income. An LLC owes $800 a year before it earns a dime, and it pays a separate fee once its California income hits $250,000. We cover the entity-level taxes, when an out-of-state company is doing business in California and what P.L. 86-272 protects, the PTE elective tax, apportionment, and the sales and use tax rules businesses run into most. (2 CA Tax Law Hours, $89 value)
- California vs Fed: Spot the Difference: California treats bonus depreciation, NOLs, HSAs, like-kind exchanges and a client working abroad differently from the federal return. Learn where each adjustment goes on Schedule CA, then work through a case study of an S corporation and its owner. (2 CA Tax Law Hours, $89 value)
- California Update: California’s conformity date is now January 1, 2025, so the OB3 Act doesn’t apply here unless a later bill says it does. In one hour you get the 2026 legislation, the new June 15 PTET payment rules, the software and SaaS sales tax that starts in 2027, and the latest FTB guidance and court decisions. (1 CA Tax Law Hour, $39 value)
Regular price: $217
Bundle price: $179
CE Credit: 5 California Tax Law Hours
CTEC-Approved Course Numbers: 1008-CE-01212, 1008-CE-01213, 1008-CE-01214
California Business Taxation
California taxes business entities in ways the federal return never does. An S corporation pays 1.5% of its net income. An LLC owes the $800 annual tax and, once its California income reaches $250,000, a separate LLC fee. An out-of-state company can owe California tax without an office or employees in the state.
In this course, we’ll cover the franchise tax, the minimum and annual taxes, and the LLC fee. Then we’ll look at when an entity is doing business in California, and at how P.L. 86-272 and throwback apply to companies selling across state lines. We’ll also review due dates and late-filing penalties, the elective pass-through entity (PTE) tax, apportionment, Schedule K-1 reporting and nonresident withholding, and the sales and use tax rules businesses run into most often.
This course will give you a working knowledge of California business taxation for clients coming into the state and clients selling out of it.
California vs Fed: Spot the Difference
California starts with the federal return, but it does not follow all of federal law. The state conforms to the Internal Revenue Code as of January 1, 2025, so the OB3 Act changes enacted later in 2025 do not apply, and California still rejects many older federal provisions. This course covers the differences California preparers run into most often: depreciation and other business deductions, the suspension of net operating loss deductions, individual income items such as health savings accounts and Social Security, capital gains and like-kind exchanges, and income earned abroad. A case study applies several of these items to an S corporation and its owner. You’ll learn where each adjustment goes on Schedule CA and the related FTB forms, and which California records your clients need to keep after the return is filed.
California Update
This one-hour course covers the California changes that affect 2026 returns. SB711 moved California’s conformity date to January 1, 2025. The OB3 Act was enacted after that date, so California does not follow it unless a later bill adopts a specific provision. The course reviews the 2026 California legislation, including the SB 1435 corrections, the PTET extension and its new June 15 payment rules, changes to business credits, and the sales tax on software and SaaS that begins in 2027. It also covers new FTB and CDTFA guidance and recent Office of Tax Appeals and court decisions on residency, nonresident sourcing and theft losses. You’ll come away knowing where California departs from federal law for 2026 and how those differences affect your individual and business clients.
Learning Objectives
California Business Taxation
1. Identify the entity-level taxes California imposes on corporations, S corporations, LPs, LLPs, and LLCs, including the $800 minimum and annual tax and the LLC fee.
2. Determine when an entity is doing business in California and when P.L. 86-272 protects an out-of-state seller from income tax.
3. Identify California return due dates, late-filing penalties, and the rules for electing and paying the PTE elective tax.
4. Explain how California apportions business income and how entities report California amounts and nonresident withholding to owners.
5. Recognize when a business must collect California sales and use tax, including the $500,000 economic nexus threshold.
California vs Fed: Spot the Difference
1. Identify how California’s fixed-date conformity to the Internal Revenue Code works, including the January 1, 2025 conformity date, the federal provisions California never follows, and the role of Schedule CA.
2. Determine the California treatment of bonus depreciation, §179 expensing, qualified improvement property, the §163(j) business interest limitation, and net operating losses, including the current NOL suspension.
3. Identify the California adjustments for health savings accounts, Social Security and Tier 1 railroad retirement benefits, unemployment compensation, and Paid Family Leave.
4. Recognize the California treatment of qualified small business stock, qualified opportunity zone investments, and like-kind exchanges, including the annual FTB 3840 filing requirement.
5. Identify the California treatment of a resident working abroad, including the denial of the foreign earned income exclusion and the foreign tax credit, and the 546-day residency safe harbor.
California Update
1. Identify the California law changes for 2026, including the SB711 conformity reset and the 2026 legislation, and their impact on individual and business taxpayers.
2. Determine which recent federal changes, including the OB3 Act, California does not follow, and the resulting Schedule CA adjustments.
3. Recognize new FTB and CDTFA guidance and procedures affecting 2026 and 2027 filings.
4. Identify the outcomes of recent California tax rulings and court decisions and their effect on return positions.
Course Numbers
Course ID 1008-CE-01212
2 CA Tax Law Hours
California vs Fed: Spot the Difference
Course ID 1008-CE-01214
2 CA Tax Law Hours
California Update
Course ID 1008-CE-01213
1 CA Tax Law Hour