Tax News
March 2007

Taxpayers may qualify for a refund of underpayment and monthly penalty

We are re-evaluating how we determine reasonable cause when returns are e-filed, and payments are sent in separately. / more+

FTB follows IRS: permits employers to pay additional tax on 2006 stock options

FTB Notice 2007-1 creates the California Compliance Resolution Program to correspond with the federal program. Employers who plan to take part in the California Program must file a notice of intent to participate with FTB by March 15, 2007. / more+

Estates and trusts filing requirements

Use this valuable information on taxability, residency, estates, and trusts to assist your clients when they need to file fiduciary returns. / more+

1099 FAQs for small businesses

Almost everything you and your clients need to know about small business information reporting. / more+

Inside FTB

  • Give us some feedback on our online services
  • Publications translations / more+

Criminal Corner

Our monthly summary on bringing tax criminals to justice, and closing the tax gap one case at a time. / more+

The buzz on big business

  • Combating the tax gap

The personal income tax gap has gotten lots of coverage - here are some of our strategies for closing the tax gap on the corporate side. / more+