California Franchise Tax Board provides a short summary of what to expect from tax reform. GeneralSteve SimsJanuary 2, 2019#ftb, #irs
Franchise Tax Board answers question regarding 20 year statute of limitations for collections! GeneralSteve SimsDecember 21, 2018#ftb, #statuteoflimitations
So now you have an Limited Liability Company (LLC)...A must read for knowing what forms to file for your CA taxes. GeneralSteve SimsDecember 17, 2018#ftb, #llc, #taxes
Is your vehicle registration delinquent? Why the Franchise Tax Board may come collecting! GeneralSteve SimsDecember 12, 2018#ftb, #delinquentregistration, #dmv
Is the Franchise Tax Board trying to collect a fine, parking ticket or other non-tax debt? They use the same powers available to collect taxes. GeneralSteve SimsDecember 10, 2018#ftb, #nontaxdebt
So they took too long to assess additional tax....Request for Interest Abatement! GeneralSteve SimsNovember 27, 2018#ftb, #irs, #interestabatement
In case you don’t remember...Keep up with the California tax law and legislation related to medicinal and adult-use of cannabis. GeneralSteve SimsNovember 21, 2018#ftb, #cannabis
Taxation of Tribal Income rule change for California. Wages received while working on ANY federally recognized CA Indian country. GeneralSteve SimsNovember 14, 2018#tribalincome, #ftb, #irs
Check out this guide for out of state retailers...”What you gonna do when they come for you!” GeneralSteve SimsNovember 7, 2018#ftb, #resale, #cdtfa
“Check your mail” then “Open your mail”...Franchise Tax Board sent out over 4000 notice to Nonprofit Organizations to start the dissolution process. GeneralSteve SimsOctober 5, 2018#ftb, #administrativedissolution
“Like it or not”...California like kind exchange reporting requirements and tips for correct reporting GeneralSteve SimsOctober 3, 2018#likekindexchange, #ftb
When it comes to 1031 Like-Kind Exchanges, IRS changed, but California did not. But, if it doesn’t work for Federal...it doesn’t work for California! Tax articlesSteve SimsSeptember 19, 2018#ftb, #irs, #exchangeofproperty
California’s new tax court dogged by backlog, bias claims GeneralSteve SimsSeptember 17, 2018#boe, #ftb, #appeals
Done with your business entity (Corporation, LLC, etc.)? You better shut it down or it will continue to cost you! GeneralSteve SimsSeptember 12, 2018#ftb, #closingbusinessentity
Tips from the Internal Revenue Service and the State of California Franchise Tax Board On “How to choose a Tax Professional “ GeneralSteve SimsSeptember 10, 2018#ftb, #taxpro
Being audited by the IRS or FTB? Thinking you’re going to represent yourself......You’d better check yourself before you wreck yourself! GeneralSteve SimsSeptember 6, 2018#ftb, #selfrepresentation
California Taxpayers that claimed Head of Household, the Franchise Tax Board may come a callin.... make sure you respond! GeneralSteve SimsSeptember 5, 2018#ftb, #headofhousehold
Tax Professionals still using SIMS to help California disaster victims. GeneralSteve SimsAugust 29, 2018#ftb, #SIMS
Gambling Income - “You got to know when to hold’em, know when to report’em, know when to walk away, know when to run”! Or else.... GeneralSteve SimsAugust 24, 2018#gambling, #income, #irs, #ftb
Criminal Tax Evasion, doesn’t just apply to the big fish. You don’t hear about the little ones because they get swallowed whole. GeneralSteve SimsAugust 20, 2018#taxevasion, #ftb, #irs
