Tax News
January 2013

File Early, File Often!

Yes, you read it correctly!  / more+

State Wants to Return $14 Million in Undelivered Tax Refunds

We are holding more than $14 million in returned state income tax refunds.  / more+

Information Directory Updated

When you need a phone number or a web, email, or location address, refer to our recently updated FTB 1240, California Franchise Tax Board Information Directory.  / more+

Webinar: Tax Filing Tips for New Business Owners

Are you a new small business owner getting ready to file taxes for the first time? Or are you looking to start a new business in 2013?  / more+

FTB Audit Issues – First in a Series

Over the next few months, we will publish articles that focus on common audit issues for both individual and business entity taxpayers.  / more+

Power of Attorney Form Revised

We completely revised FTB 3520, Power of Attorney to improve the flow and provide you additional guidance for completing it.  / more+

State Controller’s Unclaimed Property

California's Unclaimed Property Law requires corporations, businesses, associations, financial institutions, and insurance companies (referred to as "Holders") to annually report and deliver property to the State Controller's Office after there has been no activity on the account or contact with the owner for a period of time specified in the law.  / more+

Index Brackets for Doing Business in California

In our September 2012 Tax News, we released the 2012 state tax brackets for Personal Income Tax.  / more+

Providing Specific Information about Your Client is Important

Whether you call our 800 number, our tax practitioner line, or use our new Live Chat service, we often ask if your inquiry is regarding a personal income tax or business entity matter.  / more+

Ask the Advocate

Taxpayers' Bill of Rights Annual Report to the Legislature

Each year the Taxpayers’ Bill of Rights requires me to provide my findings to the California Legislature areas where FTB can improve its operations and services to taxpayers. / 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

Single Sales Factor Election to Taxpayers Meeting Special Apportionment

For taxable years beginning on or after January 1, 2011, and before January 1, 2013, apportioning taxpayers are allowed to elect to apportion their income using the single sales factor.  / more+