E-filing penalty relief passes.

• Position: Legislative News - Brief Article

Current law required most tax preparers to electronically file state tax forms beginning this year. Failure to comply could subject the tax preparer to a fine of $50 per return not electronically filed.

CalCPA-sponsored legislation, AB 2480 (Campbell), which recently was signed into law, suspends the $50 penalty per non-e-filed tax form for a period of one year. This urgency statute takes effect immediately.

CPAs who qualify for e-filing must continue to comply with the requirement that their client's...