Preparing California Income Tax Returns for Businesses

$49.00

This course will be an overview of: The California economy and income tax structure. Calculating California taxable income using federal income and applicable state adjustments. Calculating the California state apportionment factor. How to accurately prepare California tax forms for both corporate and pass-through entities. How to use California state tax instructions to accurately prepare a business tax return. The filing requirements for different entities and which forms to use when filing a business income tax return in California.

Field of Study:
Taxes
Instructor(s):
Skye Moench, CPA
Credit(s):
2.00
Course Format:
On Demand
Qualifies For:
IRS
Prerequisites:

None

Course ID:
10057/11081
Delivery Method:
Audio
Knowledge Level:
Basic
Advanced Preparation:

None

Publication Date:
01/23/2020
Planned Expiration:
12/30/2020
Provider:
Becker Professional Education
Learning Objectives:

After completing this course, the learner should be able to:

  • Understand how to calculate California taxable income and taxes due.
  • Understand major California state adjustments.
  • Understand how to calculate California apportionment.
  • Understand the process for filling out California tax return forms.
  • Identify which California state tax forms are used for which business tax filings.
  • Understand how to tie out key numbers on a California tax return.
  • Understand both corporate and pass-through tax return filings in California.
  • Use California state instructions effectively when preparing returns.
  • Understand due dates, extension, tax payment, and e-filing requirements.