Tuesday, April 7, 2009

California Conformity

The California Franchise Tax Board has released this Summary of Federal Income Tax Changes 2008 that explains new federal laws (with effective dates), the corresponding California law, if any, and an explanation of any changes made in response to the new federal law. The summary also includes the California revenue impact of conformity to federal changes.

http://www.ftb.ca.gov/law/legis/08FedTax.pdf