 Tax News June 2020
Tax News June 2020
 
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- We are still here for outreach events We are taking a new approach to continue our outreach events. 
- Obtaining an Individual Status Letter Occasionally, we will receive a request for written verification stating an individual has no California tax obligation and/or no filing requirement. 
- Closing a California business entity During this challenging time, business owners have been faced with many difficult and life changing decisions due to COVID-19. 
- From State Controller’s Office (SCO): Guidelines to report unclaimed property The Unclaimed Property Law allows the state to reunite lost and abandoned property with its rightful owner(s) and to safeguard this property from being used by private interests for personal gain. 
- Avoid Economic Impact Payment Scam videos IRS teamed up with the Federal Trade Commission (FTC) and Better Business Bureau to produce video tips to assist you and your clients to avoid scams. 
- Ask the Advocate Education and Outreach during COVID-19 
- MyFTB Corner Good time to have your clients sign up for a MyFTB account 
- All About Business Changing or Converting a Business Entity 
- Event Calendar As part of education and outreach to our tax professional community, we participate in many different presentations and fairs. We provide a calendar that shows the events we attend (virtually), as well as other events happening with us, such as interested party and board meetings. 
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