Tag Archives: FTB

State of California Holding $14 million in Tax Refunds

In these dismal economic times, so many hard-working citizens have tax debt up to their eyeballs and are desperately seeking tax relief.  It’s hard to believe there are taxpayers out there who let their refund go unclaimed or who don’t notice when it doesn’t … Continue reading

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Corporations on FTB’s Top 500

In a couple weeks the Franchise Tax Board (FTB) will be submitting its “Top 500” list to state licensing agencies, including the DMV.  The FTB Top 500, if you recall, is a list of California taxpayers with the most serious … Continue reading

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Tax Gap Widening in California

I’m posting this video partly for the rare glimpse inside the California Franchise Tax Board.  Can somebody who works at FTB help me to understand what all those aqua colored contraptions are for?  It looks like they may be used … Continue reading

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California Tax News

Today the California Franchise Tax Board (FTB) announced that it is now accepting 2011 state tax returns. California is falling in line with the federal government as far as the 2012 filing deadline. You must have your tax return postmarked … Continue reading

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FTB vs. BOE

Navigating your way around the IRS can be a formidable task, one that many prefer to leave in the hands of their tax attorney or other tax practitioner. However, practitioners agree that the California equivalent — the Franchise Tax Board (FTB) — is even worse. In … Continue reading

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Non-FTB Tax Collectors

If you live in California, the tax man who comes pounding unexpectedly on your door to collect overdue state taxes might not be a tax man at all.  The California Franchise Tax Board (FTB) hires private collecting agencies (PCAs) to do some of … Continue reading

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California’s New and Improved “Top 250 List”

Normally “first place” is a position that many aspire to.  Unless you occupy the first spot on California’s Top 250 Delinquent Taxpayers list. California tax collectors (employees of the Franchise Tax Board) have a reputation for being, how shall we say this, … Continue reading

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Fee Increase for California Installment Agreements

Starting October 26, the Franchise Tax Board will be raising the fees for installment agreements as follows: Personal Income Tax Installment Agreements: $34 (previously $20) Business Entity Installment Agreements: $50 (previously $35) See the Installment Agreement information page for more information, but note that it has … Continue reading

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Extension on CA State Taxes Ends October 17th

The California Franchise Tax Board (FTB) issued a news release on Friday reminding Californians of the extended tax return deadline and also siting some interesting statistics. Like the IRS, the California tax authority does cut some slack for procrastinators. And like the … Continue reading

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FTB Live Chat

Starting today the California Franchise Tax Board (FTB) is expanding its Live Chat program to business entity questions. Live Chat is a web-based communication application that was first launched about 6 months ago and is open to both taxpayers and practitioners. It is … Continue reading

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