Why did I get a letter from the FTB?

Why did I get a letter from the FTB?

This letter is a reminder to file your 2017 tax year information returns with us if you have a filing requirement.

How do I activate My FTB Account?

Activate your account

1. When you register for a MyFTB account, we mail you a Personal Identification Number (PIN) to the mailing address we have in our records.
2. You must log in with your User Name, Password, and PIN, within 21 days to activate your account.

Why would I get a letter from the State of California?

Your client may receive an informational letter from us if they have fallen behind on their California income tax obligations. In certain situations, we proactively contact taxpayers to provide them with information to accurately file their tax returns based on their history with us.

What does FTB suspended mean?

A “SOS/FTB Suspended” designation essentially means that the business entity has been suspended by the California Secretary of State. Most importantly, a “suspended” business entity loses many of its powers, rights and privileges within the State of California. See Rev. & Tax Code Sec. 23301.

Why do I owe FTB?

The California Franchise Tax Board (FTB) collects personal income taxes and corporate taxes due to the state. When you pay your state taxes, you pay them through the California FTB. Our clients filed their tax returns and paid their taxes yet they find they still owe money.

Is FTB Webpay safe?

Using Web Pay is a safe and simple way to avoid problems and the extra work that comes when someone mails a payment to us and that payment isn’t timely credited to their account. Mail delays, incorrect or missing information on a check (tax year, tax ID number), and human error are just some of the reasons a payment …

How do I get a California tax ID number?

You can apply for and receive an EIN from the Internal Revenue Service by submitting a Form SS-4. This can be done online, by phone, by mail, or by fax. We suggest online filing, as this is the fastest and simplest method. There is no fee to obtain an EIN.

Why is my CA tax Refund taking so long?

If you decide to paper file, processing can take up to four weeks. Potential delays — Your return could be delayed if the FTB decides it needs extra review for accuracy, is incomplete, or shows signs of fraud or identity theft.

Do I have any unclaimed money in California?

Residents and business owners can search the database of unclaimed assets and submit a claim at the state’s website, claimit.ca.gov, or by calling (800) 992-4647.

What happens if you don’t pay California Franchise Tax?

The California Franchise Tax Board imposes a penalty if you do not pay the total amount due shown on your tax return by the original due date. The penalty is 5 percent of the unpaid tax (underpayment), plus 0.5 percent of the unpaid tax for each month or part of a month it remains unpaid (monthly).