January 2018 Tax News
Tax News is designed to inform tax professionals about state income tax laws; our regulations, policies, and procedures; and events that affect the tax professional community.
- Cannabis industry update
California legalized commercial cannabis activity this month for licensed cannabis businesses.
- Common audit issues
Filing season is now underway. Here are a few common issues that you should be aware of and mistakes to avoid when filing tax returns.
- Customer service dashboard and extended hours
Filing season is upon us and we want to remind you of a resource that you may find useful.
- New amended return process for tax years 2017 and beyond
Includes e-file!
- Enhancements to the “stand-alone” electronic payment process
New payment types available
- Delayed 1099G
There may be situations where a timely filed tax return requires additional review and validation.
- California competes tax credit
The California competes tax credit (CCTC) is an income or franchise tax credit available to businesses who want to come, stay, or grow in California.
- Principal business activity code – additional information
Do you file a state income tax return and operate a business?
- Ask the Advocate
A quick look back at 2017
- Chief Counsel Corner
Taxpayer representation with respect to California Revenue and Taxation Code Section 25137
- MyFTB Corner
MyFTB changes for tax professional – now live!
- MyFTB Corner
View your client’s power of attorney and tax information authorization statuses on MyFTB
- MyFTB Corner
Create your associates list to submit a POA on MyFTB
- All about business
Extended due dates
- Inside FTB
Website improvements
- Event calendar
As part of education and outreach to our tax professional community, we participate in many different presentations and business fairs