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Check casher businesses to receive reminder letter

In November 2006, FTB will mail letters to check casher businesses operating in California. The letter is a reminder of information reporting requirements that went into effect on January 1, 2006. The letter assures check cashers that we understand the new information reporting requires check casher businesses to collect, maintain, and report check casher transaction data, and we will take this into consideration when determining if a check casher made a reasonable effort to comply. We will continue to seek ways to ease the reporting burden.

Check casher businesses should note that we eliminated the paper filing option for this filing period, and will only accept reports submitted on CD-ROM disk. Check cashers who are unable to report the required transaction information due to inadequate computer resources, may be eligible for a waiver from CD-ROM reporting. Request a waiver by submitting Form FTB 3607, Check Casher Information Reporting Waiver Request Form.

Note: This form will be available November 10, 2006. The waiver request can be submitted anytime before April 2, 2007.

Visit our check casher Webpage located on our Website at www@ftb.ca.gov (keyword "check casher") for the most current news and information on this program, including instructions, record layout, and mailing procedures. If you need assistance, call our Information Reporting Helpdesk at (916) 845-6304 or send us an email at IRPhelp@ftb.ca.gov. We are available Monday through Friday except for official State holidays.