Tax News March 2011

New Field on Your Tax Return

New this year on the personal income tax return, we added a date of birth field for the taxpayer and the taxpayer’s spouse/RDP.  / more+

Assessing the Mandatory E-pay Penalty

Starting January 1, 2011, we began enforcing the mandatory e-pay penalty.  / more+

Attach CA Schedule K-1s to avoid Erroneous Contacts to Your Partners, Members, and Shareholders

We are concerned about what we call "erroneous contacts"; sending notification or correction letters when we do not have to.  / more+

Top 10 Errors

Just in time for the filing season crunch, we offer the Top 10 Personal Income Tax and Business Entity errors that delay return processing in 2010.  / more+

Head of Household Guidelines

Some of your clients may inquire about claiming the head of household filing status.  / more+

Available Now: Free California Source Income Withholding Webinar

We will host a free California source income withholding webinar in March 2011.  / more+

Web Pay for Businesses – The Fast and Convenient Way to Make Payments

Web Pay for businesses is a fast and convenient way for your business clients (corporations, partnerships, and LLCs) to make payments to us.  / more+

Your 24-Hour FTB

It’s now tax season and working 9 to 5 is just a memory. It seems that you get those pesky questions after our phone lines close or in some cases even before they are open.  / more+

Small Business

Make Sure LLCs Classified as a Partnership Use the Correct California Forms

We are seeing some limited liability companies (LLCs) classified as partnerships filing the incorrect forms. This causes confusion, processing delays, and potential penalties that can be avoided.  / more+

Ask the Advocate

Should California Have a Stand-Alone Return?

On December 2, 2010, we held the Taxpayers’ Bill of Rights Hearing and we received a lot of good feedback as well as comments and suggestions on how we could improve our services. This month, I would like to share one of the suggestions received and our response to it.  / more+

Event Calendar

As part of education and outreach to our tax professional community, we participate in many different presentations and fairs. We provided this calendar to show the events we are attending.  / more+

Inside FTB

Take a look at the changes happening here at FTB.  / more+

Criminal Corner

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

Big Business

Doing Business in California

California defines "doing business" as actively engaging in any transaction for the purpose of financial or pecuniary gain or profit. For taxable years beginning on or after January 1, 2011, the definition of doing business under R&TC 23101 is expanded.  / more+