Let us count the ways in which the CA Franchise Tax Board (FTB) can PENALIZE you!

This very useful tool provided by the FTB identifies the penalties that they may assess.  Check out the following link to the FTB penalty reference chart:

https://www.ftb.ca.gov/forms/misc/1024.pdf

In many cases "reasonable cause" can be used to abate the penalty.  However, sometimes you are just SOL.  For a consultation contact me at steve@stevesimsea.com