Tax News
June 2012

FTB Stops Accepting Cash Payments in Los Angeles and Oakland Field Offices

Starting June 1, we will stop accepting cash payments in the Los Angeles and Oakland Field Offices for a 12-month pilot basis. / more+

New Services Help Taxpayers Dealing With Tax Debts

We realize times are tough and taxpayers may be struggling to pay their tax liabilities. / more+

Federal Tax Changes 2011 Summary

We prepared our 2011 Summary of Federal Income Tax Changes that we provide annually to the Legislature.  / more+

Return Information Notices (RIN) - Why They're Issued, and How to Prevent Them!

Join us for a webinar on June 26.  / more+

New Tax News Live Video

We partnered with California Society of Enrolled Agents Education Foundation to produce our latest new video.  / more+

New Withholding Tool

Generally, you must withhold if you pay California source income to a California nonresident on all payments that exceed $1,500 in a calendar year..  / more+

2012 Filing Season

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LLC Fee Estimated Payment Due June 15

An LLC not classified as a corporation must pay the annual LLC fee if it is organized, doing business, or registered in California and has income of at least $250,000.  / more+

IRS Nationwide Tax Forums

Tax Forums registration is now open!  / more+

Tax News Flashes

2012 California Tax Practitioners’ Conference

This premier conference promises to attract California’s most powerful and respected tax professionals to a day of unparalleled continuing educational seminars and interactive dialogue.  / more+

FAQs: Understanding the Real Estate Tax Deduction

FTB answers frequently asked questions (FAQs) regarding the real estate tax deduction.  / more+

Ask the Advocate

Underpayment of Estimate Tax Penalty

Periodically, we feature a systemic issue reported to us by the tax professional community.  / more+

Event Calendar

As part of education and outreach to our tax professional community, we participate in many different presentations and fairs. We provided this calendar to show the events we are attending.  / more+

EDR in the News

See what’s new with our new Enterprise Data to Revenue (EDR) project.  / more+

Criminal Corner

Read about our efforts to bring tax criminals to justice, and to close the tax gap one case at a time.  / more+

Inside FTB

Take a look at the changes happening here at FTB.  / more+

Big Business

Dicon Fiberoptics Ruling

The California Supreme Court reversed the Court of Appeal’s holding and found that the taxpayer, not us, has the burden of proof to show a worker is a qualified employee for purposes of the Enterprise Zone (EZ) Hiring Credit.  / more+