This week we’re covering when taxpayers need to file Form FTB 3840, which is used for reporting like-kind exchanges.

This week we’re covering what to do if an LLC filed a partnership return when it shouldn’t have.

This week we’re covering what a long-term care insurance tax might look like if one were to be enacted in California.

This week we’re talking about a way you can help clients avoid tax when they retire outside of California, by structuring payouts to take advantage of a carveout from California taxation.

This week we’re covering the top reasons for e-file rejections for business and individual returns.

This week we’re covering how to respond when clients call about the new California Paid Sick Leave grants.

This week we’re covering the FTB’s letter campaign regarding Schedule A and Schedule C deductions and what taxpayers should do if they receive one of these letters.

This week we’re covering the passthrough entity tax election and how to make the election on a superseding return, which the FTB defines somewhat differently than the IRS.

This week we’re discussing filing California’s Form 3840, which is filed when California property is exchanged for out-of-state property.

This week we’re covering how the filing and payment extension affects the June 15 prepayment deadline for the passthrough entity elective tax and the LLC gross receipts fee.