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Clarification of the "Cash for Clunkers" Tax Rules
The federal “Cash for Clunkers” program has generated a lot of interest among consumers and we have received many inquires about the tax implications of this popular program. / more+
Did You Know NHSC Loan Repayment Awards Are Exempt Under California Law?
National Health Services Corps (NHSC) loan repayment program provide payment of student loans for participants who provide certain services in areas where shortages of these services exist. / more+
Federal and State Income Tax Changes
Federal, State, and Revised 2009 Withholding Tables. / more+
How to Select a Tax Preparer
How to Select an Income Tax Return Preparer, FTB 982, is an educational tool for taxpayers. / more+
Chiang Determines Date to Stop Issuing IOUs
State Controller John Chiang today announced he has completed "stress testing" the Department of Finance's cash projections from the state's newly-revised budget and has determined the new spending plan will provide the State Treasury with enough cash to stop issuing IOUs on September 4, almost one month earlier than expected. / more+
Does Your Client Know to Dissolve, Surrender, or Cancel Their Business Entity When They Are No Longer Doing Business?
It is very important for taxpayers to understand that business entities registered with the California Secretary of State (SOS) must be dissolved, surrendered, or canceled when they are ceasing operations in California.
Ask the Advocate
Recently, I have received requests from taxpayers to have certain penalties waived for what they believe may qualify for reasonable cause. / more+
New Policy for FTB Installment Agreements
We have implemented a uniform Installment Agreement (IA) Policy throughout our department, and external website. / more+
Our monthly summary on bringing tax criminals to justice, and closing the tax gap one case at a time.
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