March 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 clients who need to pay in cash
  

  Here is our policy for cannabis clients that are only able to pay their tax obligations with cash.

• Informational letters continue
  

  Your client may receive an informational letter from us if they have fallen behind on their California income tax obligations.

• Remind your clients to update their address with us

  Make sure we have your client’s most current addresses.

• California Competes Tax Credit
  

  Information about the California Competes Tax Credit.

• College Access Tax Credit extended
  

  Information about the College Access Tax Credit.

• Interest rates remain the same
  

  There have been no changes to current interest rates.

• Take these steps after a data loss
  

  Important steps to take and contact information if you experience data theft.

• Ask the Advocate
  

  Tax professional help tools.

• MyFTB Corner
  

  New Power of Attorney/Taxpayer Information Authorization Relationship Verification Process.

• MyFTB Corner
  

  Help ensure your Tax Information Authorization and Power of Attorney Declarations are accepted.

• MyFTB Corner
  

  Estates and Trusts in MyFTB for Power of Attorneys.

• All About Business
  

  Swart update.

• Event Calendar

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