June 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.

• Intuit Lacerte and Intuit ProConnect software issue
  

  Incorrect Bank Account Type for First Quarter Estimates

• Intuit Lacerte and Intuit ProConnect Tax online standalone electronic funds withdrawal payment process change
  

  Beginning with Tax Year 2017, Intuit Lacerte and Intuit ProConnect changed the process for submitting California estimated tax payments

• Business entity processing improvements
• Offer in compromise resources available
  

  New resources for determining if your client qualifies for OIC

• What to do when your client cannot pay their taxes timely
• Nonprofit administrative dissolution
  

  Effective January 2016, we began to administratively dissolve qualified inactive nonprofit corporations

• Why did your client receive a filing enforcement notice?
• New Secretary of State tool lets you form LLCs online
• New enrolled agent logo available
  

  The IRS is providing a new enrolled agent logo that EAs may use in marketing materials

• Ask the Advocate
  

  Education and Outreach

• MyFTB Corner
  

  Taxpayer authorization needed for full online account access

• MyFTB Corner
  

  Update multiple power of attorney declarations at once

• All About Business
  

  June 15 payments

• Event calendar

  As part of education and outreach to our tax professional community, we participate in many different presentations and business fairs