CA New Home Tax Credit Going Fast Sacramento – The Franchise Tax Board (FTB) announced today that the $100 million allocated by the state in new home tax credits will soon be gone. As of June 17, 2009, FTB had received more than 9,800 applications claiming nearly $95 million. Because…
Former Vice President of Finance Pleads Guilty to Grand Theft, False State Income Tax Returns A Chatsworth man pleaded guilty to one felony count of grand theft and one felony count of filing a false state income tax return. James I. Ha, 35, was employed as the vice president of…
Get your CA FTB withheld tax refund today by contacting Mike Habib, EA at 877-788-2937 CA Tax Rates According to the California State Franchise Tax Board (FTB), partnerships that are not based in California should file withholding tax on the sale of real estate in the state. The CA tax…
California LLC fee again held invalid Ventas Finance I LLC v. Calif. FTB, Cal. Ct. App., Dkt. Nos. A116277; A117751, 08/11/2008 The California Court of Appeal once again has ruled invalid the state fee imposed on limited liability companies (LLCs) under former Rev. & Tax. Cd. § 17942 (the “§…