CCH's Guidebook to California Taxes is the essential handbook on California taxation. Widely used by practitioners and all those involved in California taxes, this timesaving guide is accepted as the premier source for quick reference to all taxes levied by the state, including personal and corporate income, inheritance and gift, sales and use, and property taxes. The 2015 Guidebook is the 65th Edition, reflecting significant new legislation, regulations, court decisions, and State Board of Equalization decisions through press time in December, 2014. It is authored by CCH Tax Law Editors with additional editorial commentary provided by highlyregarded tax practitioners, Bruce Daigh and Christopher Whitney of PricewaterhouseCoopers. This Guidebook is completely reviewed and revised every year for most accurate and uptodate information on California taxes. This practical resource includes a guide to the preparation of California personal income tax returnsfor residents, nonresidents, and partyear residents. This special return preparation section discusses who must file, filing status, exemptions, deductions, rates, credits, where and when to file, extensions, and estimated taxes, as well as compliance procedures and requirements relevant to return preparation. A special summary of key new legislative, regulatory and judicial developments provides ataglance awareness of changes and the impact on taxpayers. The Guidebook also compares state taxes with federal taxes and illustrates the differences. Cross references make it easy to trace comparable California and federal provisions. The CCH Guidebook to California Taxes is designed to accomplish four main objectives: 1. Give an updated and comprehensive picture of the impact and pattern of all taxes levied by the state of California and also the general property tax levied by local governmental units. 2. Provide quick and reliable stepbystep guidance to the preparation of individual resident, nonresident, and partyear resident income tax returns. 3. Present a readable quick reference to the personal income tax and taxes on corporate income. 4. Tell you quickly what the California tax law provides, whether the provision is the same as the federal and, if so, the significance of the difference. For additional research, references to CCH's CALIFORNIA TAX REPORTS, CCH's U.S. MASTER TAX GUIDE and CCH's UNEMPLOYMENT INSURANCE REPORTS are provided throughout.