Bill

Bill > SB788


CA SB788

Tax preparers: exemptions.


summary

Introduced
02/21/2025
In Committee
04/30/2025
Crossed Over
06/03/2025
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

An act to amend Section 22258 of the Business and Professions Code, relating to business.

AI Summary

This bill amends California's tax preparer regulations by expanding exemptions from tax preparation registration requirements. Specifically, the bill modifies existing law to explicitly exempt individuals with current and valid licenses from the California Board of Accountancy, as well as firms (including their partners, shareholders, owners, and employees) that have such licenses or are authorized to practice public accountancy. The bill clarifies language around who can be exempt from tax preparer registration, making it more precise by replacing broader terms like "a person" with "an individual" and updating references to specific legal sections. The changes aim to provide clearer guidance about which professionals and firms are not required to register as tax preparers with the California Tax Education Council. These modifications will apply to tax returns prepared for taxable years beginning on or after January 1, 2025, giving businesses and professionals time to understand and implement the new provisions. The bill essentially streamlines and clarifies existing exemptions for licensed accounting professionals and firms, reducing potential administrative burdens while maintaining oversight of tax preparation services.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (1)

Last Action

In Assembly. Read first time. Held at Desk. (on 06/04/2025)

bill text


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