Preparing California Income Tax Returns for Businesses
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.