Federal and California Tax Update for Individuals | 4181498E

Date :
December 10, 2018 8:30 AM - 4:00 PM
Location :
Burbank Area
Facility :
Marriott Burbank Airport Hotel
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Level of Difficulty :
Member Price :
Nonmember Price :
CPE Credits :
CPE 8.00, MCLE 6.50, IRS-FTL 8.00, CFP 8.00, CTEC-FTL 8.00, MCLE LS-TX 6.50
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This in-depth analysis of the year's important changes in federal and California tax law will take you through the
Tax Cuts and Jobs Act and guidance issued since its enactment, new legislation enacted in 2018, regulations, cases, rulings and other important developments relevant to assisting your individual clients with compliance and planning matters.

Course materials summarize each important development and the eBook provides links to the full text of source documents discussed during the program. Materials are supplemented by a website maintained for this course—www.mntaxclass.com—which provides up-to-date additions, including instructor PPT slides and other supplementary materials.

Note: This is the companion course to Federal and California Tax Update for Businesses and Estates.

Materials are provided as an ebook.


  • Identify new federal and California tax legislation affecting individuals.
  • Determine the year's significant federal and California law change from the legislature, IRS and the courts.
  • Identify new due diligence areas relevant to individual income tax matters.
  • Learn how new tax rules and investment activities affect tax planning and compliance.

    Major Subjects:

    • Tax Cuts and Jobs Act provisions for individuals including coverage of the Section 199A regulations and tips for identifying clients who can claim this 20% deduction and how to work your way through the definitions and limitations; planning considerations are also covered for all topics.
    • 2018 Legislation.
    • Expiring Provisions
    • Income Inclusions, Deferrals and Exclusions
    • Deductions—for AGI and Itemized
    • Passive Activity, Hobby and Other Losses
    • California Major Developments for Individuals
    • Filing Status, Credits and Retirement Plan Developments
    • ACA—New Figures and Developments
    • Tax Practice, Procedures and Due Diligence Reminders
    • Virtual Currencies Update
    • Looking Forward—Federal and California

    Advanced Prep:


    Misc. Information:

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    Level of Difficulty:
    Field of Interest:

    General knowledge in taxation.

    Designed For:

    CPAs, attorneys and tax practitioners.


    Gary R. McBride, CPA, Esq, Esq.

    Gary McBride is a principal in Summit Accountancy Group, Inc.; a professor emeritus at California State University, East Bay; and former director of the Graduate Tax Program. He is a licensed attorney and certified public accountant. He worked for the Internal Revenue Service as a revenue agent, special agent, and technical advisor at the IRS National Office. He is author and presenter of four CPE courses for the CalCPA Education Foundation: Federal and California Tax Update for Individuals (with professor Annette Nellen); Federal and California Tax Update for Businesses and Estates (with professor Annette Nellen); Partnerships and LLCs Part I: Formation, Operation, and Allocations; and Federal Taxation of Partnerships and LLCs Part II: Sales, Distributions, Redemptions, and Liquidations. McBride earned his master of laws in taxation degree in 1987 from Georgetown University; his juris doctor degree in 1981 from Hastings College of Law, and his bachelor’s degree (emphasizing accounting and finance) in 1975 from the University of California, Berkeley.

    Annette Nellen, CGMA, Esq, Esq.

    Annette Nellen, CPA, CGMA, Esq., is a professor in and director of San Jose State University’s graduate tax program (MST), teaching courses in tax research, accounting methods, property transactions, employment tax, ethics, leadership, and tax policy. Nellen chairs the AICPA Tax Executive Committee and serves on the AICPA Tax Reform Task Force. She is a former chair of the ABA Tax Section’s Sales, Exchanges & Basis Committee and past member of the California Bar Taxation Section’s Executive Committee. She is the recipient of the 2013 Arthur J. Dixon Memorial Award given by the Tax Division of the AICPA, the highest award given by the accounting profession in the area of taxation.

    Nellen is the author of Bloomberg BNA Tax Portfolio #533, Amortization of Intangibles, and the Bloomberg BNA Internet Law Resource Center’s portfolio, Overview of Internet Taxation Issues. She is an editor and author for the Southwestern Federal Taxation textbooks, and is a regular contributor for the AICPA Tax Insider and Tax Analyst’s State Tax Notes’ “Moving Forward?” column. She is a frequent speaker on tax updates, tax ethics, new economy tax matters, and tax reform. Nellen maintains the 21st Century Taxation website and blog, as well as several websites on tax reform, state tax nexus, e-commerce taxation, and virtual currency/blockchain taxation. She has testified before the House Ways & Means Committee, Senate Finance Committee, California Assembly Revenue & Taxation Committee, and tax reform commissions and committees on various aspects of federal and state tax reform. In 2015, she was appointed to the Advisory Council to the Executive Director of the California Board of Equalization for a two-year term. Nellen is a graduate of CSU Northridge (bachelor’s degree in accounting), Pepperdine (master of business administration), and Loyola Law School (juris doctor degree). Prior to joining SJSU in 1990, she was with Ernst & Young and the IRS.


    • Materials - Hardcopy Textbook
    • Materials - ebook