Tax News
October 2012

Top 500 Delinquent Taxpayers Face Suspension of Driver’s and Occupational Licenses

Starting October 2012, we will work with Department of Motor Vehicles (DMV) to suspend driver’s licenses for individuals who appear on the Top 500 Delinquent Taxpayer list.  / more+

Nontax Debt Collection Changes

Our collections program also has the responsibility for administering other nontax programs and delinquent debt collection functions, including delinquent vehicle registration debt collections on behalf of the Department of Motor Vehicles and court-ordered debt for California courts.  / more+

Sign Up Today: Sole Proprietorship vs. LLC – Determine Which Tax Structure is Right for Your Business

This webinar is for individuals who are starting a business and want to learn the basics of sole proprietorships and LLCs.  / more+

When is a 1099-MISC Not Enough?

It is well known that Form 1099-MISC, Miscellaneous Income, is used to report to both the Internal Revenue Service (IRS) and FTB payments of miscellaneous income.  / more+

Updating Tax Year 2013 Withholding Forms to Resolve Balancing Issues

Beginning with the 2007 tax forms, we began hard coding zeros in the cents field on all paper tax forms that previously allowed a field for the exact cents amount.  / more+

California’s Automatic Extensions and Like-Kind Exchange

If certain conditions are met, taxpayers may defer gain from the sale of property, either in part or full under Internal Revenue Code (IRC) Section 1031 and conforming California laws.  / more+

Ask the Advocate

Are You a California Withholding Agent?

One of the most asked questions these days is, “Could l be considered a California withholding agent?”  / more+

Event Calendar

As part of education and outreach to our tax professional community, we participate in many different presentations and fairs. We now provide a combined-calendar to show the events we are attending as well as other events happening with us such as interested party and board meetings.  / more+

EDR in the News

See what’s new with our new Enterprise Data to Revenue (EDR) project.  / more+

Inside FTB

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

Criminal Corner

Read about our efforts to bring tax criminals to justice, and to close the tax gap one case at a time. / more+

Big Business

Minimum Franchise Tax in the First Tax Year

There is a misunderstanding that all corporations doing business in California are not subject to the minimum franchise tax in their first tax year.  / more+