Get The California Film And Television Incentive (cfti) Program Overview And Guidelines. 2011

Filling out the California Film and Television Incentive Program Overview and Guidelines is a critical step for production companies seeking tax credits for qualified expenditures. This guide will provide you with clear and concise instructions to navigate the form efficiently.

Follow the steps to successfully complete the form online.

1. Press the ‘Get Form’ button to acquire the document and access it in your editor.
2. Read the introduction section carefully, which outlines the purpose of the program and the intent of the guidelines. Understanding the context will help you complete the form accurately.
3. Complete the Statutory References section by listing relevant California Revenue and Taxation Code sections. Ensure that you reference the correct statutes that relate to your production's tax credits.
4. Fill out the General section. Here, provide details about your Certified Public Accountant (CPA), including their name, address, and California CPA license number.
5. In the Agreed-Upon Procedures section, outline the procedures your CPA will follow. Ensure it includes all necessary documents like the detailed cost ledger and tax credit application.
6. Document evidence of all expenditures made throughout the production phases (pre-production, production, post-production) in U.S. dollars.
7. If your production did not meet the required criteria, note it explicitly to ensure compliance with the program.
8. Summarize all qualifications and expenditures, ensuring all fields are filled out, based on CPA recommendations and factual evidence from your production records.
9. Once all fields are completed, review your form for accuracy and completeness before submission.
10. Finally, save your changes, download a copy for your records, and share the completed form with the appropriate parties.

Start filling out your CFTI Program Overview and Guidelines form online today to take advantage of available tax credits for your production.