CA FTB

Help with California FTB Tax Audits: The Role of Enrolled Agents in Representing Taxpayers

June 28, 2024 | Mike Habib, EA

Tax audits can be a daunting experience for any taxpayer. The California Franchise Tax Board (FTB) conducts audits to ensure compliance with state tax laws and to verify the accuracy of tax returns. Understanding the audit process and knowing your rights can significantly ease the stress associated with an audit. One of the most effective ways to navigate a tax audit is by enlisting the help of an enrolled agent (EA). This article will explore the intricacies of FTB tax audits and how an enrolled agent can represent and assist taxpayers throughout the process.

Get help with FTB CA tax audit representation by calling us at 1-877-788-2937.

How to Get the California Franchise Tax Board to Accept Your Offer in Compromise

January 26, 2024 | Mike Habib, EA

The Offer in Compromise (OIC) is a powerful tool for taxpayers who are unable to pay their full tax liability. It allows taxpayers to settle their tax debt for less than the full amount owed, potentially saving them significant amounts of money. However, getting an OIC accepted by the California Franchise Tax Board (FTB) can be a complex and challenging process. This article will guide you through the steps to increase your chances of getting your OIC accepted by the FTB.

Get professional help today 1-877-78-TAXES [1-877-788-297].

FTB Back Tax Representation – Get Help

November 28, 2022 | Mike Habib, EA

If you were to ask most Californians if they knew what the IRS does, most of them would know exactly what you were talking about. However, if you were to ask the same people if they knew what the California FTB does, I would guess a small number of them would know.

The answer to the question of what the FTB does is? Is quite simple, they are tasked with collecting all of the income taxes assessed by the state of California. The FTB or Franchise Tax Board was created to replace the office of the Franchise Tax Commissioner that was abolished in 1950.

Get FTB help, call our Los Angeles based tax representation firm today at 1-877-78-TAXES [1-877-788-2937].

FTB Audit Representation by California State Taxing Authority

October 28, 2022 | Mike Habib, EA

In case you were not aware of what the FTB is, it is the California board that is responsible for collecting all of the personal income tax and business franchise taxes that are assessed every year for people and companies in California. Formed in 1950, the board replaced the original Franchise Tax Commissioner that was created by the original California Constitution.

The board uses several methods to collect owed taxes. The most frustrating method is the audit and if you receive an exam notice in the mail, you better take it seriously. This should include your right for CA FTB Audit representation. Our tax representation firm can help you get the best possible outcome from your audit.

The CA FTB is made up of three individuals that hold specific positions in the state government. The people who have these three positions are who make up the Franchise Tax Board; California State Controller, Chair of the Board of Equalization, and Director of the Department of Finance.

Betty T. Yee (State Controller)

Malia M. Cohen (Chair of the Board of Equalization)

Joe Stephenshaw (Director of the Department of Finance)

Get FTB help, call our Los Angeles based tax firm today at 1-877-78-TAXES [1-877-788-2937].

Offer in Compromise Help

November 23, 2015 | Mike Habib, EA

Owe unpaid back taxes, penalties and interest? Wondering what type of help is available?

If you cannot pay your entire tax debt, then a negotiated tax settlement, OIC – offer in compromise would be a great option for you. This allows you to resolve your tax matter and pay less than the entire amount owed. OIC gives you a fresh start, it’s a viable alternative when you are unable to pay your complete tax liability because of your financial hardship.

FTB Unpaid Back Tax Help: FTB calling delinquent taxpayers

July 12, 2012 | Mike Habib, EA

The FTB is implementing an automated dialer to make outbound collection calls to individual income-tax taxpayers in an effort to prevent collection actions such as tax liens, bank levies, and wage garnishments. The state FTB tax agency will implement a similar system for business entities in September 2012.

FTB is contacting businesses that didn’t file tax returns

June 15, 2012 | Mike Habib, EA

The CA FTB is contacting more than 100,000 California business entities that have not filed their 2010 state income tax returns. (FTB News Release (June 14, 2012)) When a business is contacted, they will have 30 days to either file or show why no return is due. Otherwise, the FTB will assess tax based on the information reported to them from other agencies.

FTB to issue 475,000 levies: levy increase by 75%

June 13, 2012 | Mike Habib, EA

The CA FTB state tax agency has begun using information obtained through the Financial Institution Record Match (FIRM) program from banks and other financial institutions to find assets and collect on unpaid delinquent tax debts from California taxpayers. If you have outstanding FTB tax liabilities, your bank accounts may be levied by the FTB, and your wages could be garnished and levied.

BBB “A” rated tax relief company by Mike Habib, EA

February 24, 2011 | Mike Habib, EA

Mike Habib is an IRS licensed Enrolled Agent who focuses his tax practice on helping his clients resolve their tax controversy matters. His tax relief firm is rated “A” by the better business bureau, which is quite rare for this industry as many are rated “F” or already ceased business operations like American Tax Relief and Nationwide Tax Relief and possibly many more to come.

Do you have IRS tax problems?

Don’t procrastinate anymore; call Mike Habib at 877-788-2937 for a free analysis of your tax situation. There are solutions to your tax problems.

Franchise Tax Board (FTB) and Tax Gap: Unfiled Tax Returns

August 20, 2010 | Mike Habib, EA

Franchise Tax Board is Contacting Thousands of Businesses to File Delinquent Tax Returns

Sacramento: The state is contacting more than 40,000 California businesses that have not filed their 2008 state income tax returns with the Franchise Tax Board (FTB).

The notices inform the businesses that they have 30 days to file a return or show why there is no tax filing requirement. Businesses that disregard these notices could face tax assessments that may include penalties, interest, and fees.