The "California Business Tax Hazards: 10 Strategies for Out-of-State Practitioners" course provides tax professionals with an in-depth understanding of the unique complexities of doing business in California. Designed specifically for out-of-state practitioners, this course will guide you through the critical tax requirements and compliance obligations when handling business clients operating within the state. You will explore strategies to navigate California's intricate tax landscape, avoid common pitfalls, and ensure compliance with the state's rigorous standards.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Understand the requirements for doing business in California and how they apply to out-of-state entities.
Identify when and how to register as a foreign business entity in California.
Navigate the tax obligations for limited liability companies (LLCs), including annual, minimum, franchise, and pass-through entity taxes.
Comprehend California's mandatory e-filing requirements and apply them to relevant business filings.
Implement strategies to manage penalties, seek penalty relief, and use MyFTB for businesses efficiently.
