Tax News September 2021
- FTB Tax Auditor Recruitment
We continue to hire at the FTB Tax Auditor level. Our next hiring will begin in September 2021.
- Golden State Stimulus II Payments
The State of California is preparing to send the Golden State Stimulus II payment to those who qualify starting late August.
- FTB 3912 – Power of Attorney – Active Representatives on File Letter
FTB is launching the new FTB 3912 Power of Attorney – Active Representatives on File letter.
- Pass-Through Entity Elective Tax
The law is effective for taxable years beginning on or after January 1, 2021, and before January 1, 2026.
- AB 2503 Administrative Dissolution Program
With the passage of legislation under AB 2503, beginning January 1, 2019, FTB established the Voluntary Administrative Dissolution Program.
- Estimated Tax Payments
California Estimate Tax Payment Schedule differs from federal.
- S-Corporation Extended Due Date
Please remind your clients of the S-Corporation extended due date to September 15, 2021.
- Moving out of State?
Do you have clients moving or working remotely from a new location? Update their address to avoid future headaches.
- New Tax Credits for Employers – Coming Soon!
Two new tax credits will be available for taxpayers in the next few months.
- Ask the Advocate
Advisory Board Meeting 2021, with special guest IRS Commissioner, Charles R. Rettig.
- 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: firstname.lastname@example.org