The Tax Professionals Blog — business
Franchise Tax Board Contacting Business Tax Non-filers
Posted by Lee Reams Sr. on
The Franchise Tax Board (FTB) is sending letters to more than 45,000 California businesses that have not filed their 2012 state income tax returns.
Each year FTB reviews more than 5 million income records received from the IRS, the State Employment Development Department, the State Board of Equalization, financial institutions, and other businesses.