Tax News August 2021
- Make Your FTB Website Experience Better
We try to serve our tax professionals by providing the best tools and information on FTB’s website.
- 2021 IRS Virtual Nationwide Tax Forum
The annual IRS Tax Forum is already underway.
- Offsets have resumed
FTB temporarily suspended certain collection activities through July 31, 2021.
- California Competes Tax Credit
The California Competes Tax Credit (CCTC) is an income (or franchise) tax credit available to businesses that want to grow in California and create new, quality full-time jobs.
- The Main Street Small Business Tax Credit is Back for 2021!
This credit is similar to the Main Street Small Business Tax Credit that was available for the 2020 tax year.
- Ask the Advocate
While we said goodbye to our long time Tax News editor in our April issue, in this issue we get to say hello to our new editor, Christopher Frost.
- Chief Counsel Corner
Office of Tax Appeal (OTA) Precedential Opinion Resolves Demand Penalty Regulation Inconsistency.
- MyFTB Corner
We have received a few questions about how Full Online Account Access actually works.
- Event Calendar
As part of education and outreach to our tax professional community, we participate in many different presentations and fairs. We provide a calendar that shows the events we attend (virtually), as well as other events happening with us, such as interested party and board meetings.
Have a topic or tax question you’d like us to address? We want to hear from you! Submit your ideas to us: taxnews@ftb.ca.gov