registered Archives | Michael Gray, CPA's Blog

Recent federal tax developments for California registered domestic partners

August 9, 2010
mike

This week’s interview on Financial Insider Weekly to be broadcast in San Jose and Campbell this Wednesday, August 11, is with Professor Patricia Cain of the Santa Clara University School of Law. We discuss recent federal tax developments for California registered domestic partners. The interview will be broadcast at 4:30 p.m. Pacific Time on Comcast Channel 15 in San Jose and Campbell, and will be broadcast as streaming video at the same time at www.creatvsj.org.

Remember you can find past episodes of Financial Insider Weekly at www.financialinsiderweekly.com.

More IRS guidance for California RDPs

June 14, 2010
mike

The Internal Revenue Service has issued Private Letter Ruling 201021048 with guidance for California registered domestic partners (RDPs).

IRS says California RDPs should split wages on tax returns

June 11, 2010
mike

The IRS Chief Counsel's Office has issued updated guidance, CCA 201021050, the federal government recognizes community property rights of California registered domestic partners in earned income effective January 1, 2007. Therefore, one-half of the earned income of a partner should be reported on each partner's federal income tax return, unless the RDPs execute an agreement opting out of community property treatment.