California Franchise Tax Board Collections
If you live or work in California, you may be taxed by two separate taxing entities: the IRS and California’s Franchise Tax Board (FTB). Because they are separate, they each enforce different tax laws. Tax problems normally begin during an assessment of a California state tax by the FTB, also known as the California Board of Equalization. During the California Franchise Tax Board collections process, possible actions that can be taken include asset seizure to satisfy the debt by the State of California, Garnishment placement on wages to ensure payments, Loss of state-issued license (contractor’s license, driver’s license, license to practice law & medical license), Frozen bank account. Clearly, the FTB means business and will go to extremes if you don’t pay your tax bill. While these collection agencies are very powerful, there are many California tax relief options that may be available to you to resolve your FTB tax debt. It’s important to talk about your options with one of our attorneys so we can resolve your tax debt together. Don’t dispute your case alone–we will make sure you get the best possible outcome. Stop procrastinating and get California tax relief from an experienced Tax Relief Attorney at Montgomery & Wetenkamp Attorneys today!
The California Franchise Tax Board (FTB) advises taxpayers facing financial hardship to contact them for assistance. There are many options to help taxpayers who cannot pay their tax liability in full. Discover if you qualify and how MW Attorneys can help you petition for a temporary deferral from FTB collections.
The California FTB has the authority to settle administrative civil tax disputes that arise out of protests, appeals, or refund claims filed by taxpayers. The FTB’s Settlement Bureau is responsible for the negotiation of settlements. The settlement process is fairly complicated and that’s where we come in! Discover how MW Attorneys can help you settle a tax debt.
If you can’t pay your tax bill, you may be eligible to make monthly payments to the FTB. Discover if you are eligible and how MW Attorneys can help you establish a payment plan.