Tax News June 2021

Current edition

• Subscription Services

  There is an easy way to sign up for and receive emails on topics that may be important to you.

• Temporary Suspension of Offset Program until July 31, 2021

  FTB has temporarily suspended the collection activities of the Interagency Intercept Collection (IIC) Program.

• Applicability Date of Proposed Revisions to California Code of Regulations, Title 18, Section 25136-2

  Tax returns prepared for the taxable years beginning during the 2020 calendar year are not required to be prepared utilizing the rules reflected in these proposed revisions.

• FTB Small Business Liaison new email address

  There is a new email address available for questions for FTB's Small Business Liaison.

• Closing a California Business Entity

  Here is some information and resources that can help someone with closing their business entity in the proper way.

• Ask the Advocate

  The first part of the 2021 Filing Season is in the books.

• Important Filing Updates

  There were two recent important updates posted to FTB's website.

• Tax Appeals Assistance Program – first semester recap

  We are pleased to announce that TAAP just wrapped up its first semester and had 30 students under its supervision and guidance.

• Questions regarding AB 80

  We understand there are many questions about AB 80.

• 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.

Have a topic or tax question you’d like us to address? We want to hear from you! Submit your ideas to us: taxnews@ftb.ca.gov