Got a notice from the California Franchise Tax Board? Here is what it usually means
What California Franchise Tax Board letters usually mean, from the FTB 4600 Request for Tax Return to Form 540 changes and balance notices, and how to reply.
Resources
Short guides written from the questions clients bring into the office at 6755 Tampa Ave, Reseda, CA 91335. Each one cites the IRS or Franchise Tax Board page it relies on. For your own situation, call (818) 401-7468.
Several years of unfiled returns: the order to fix them in
Behind on several years of tax returns? The order to fix them in: current year first, IRS transcripts, oldest to newest, and refund years before they expire.
Sole proprietor or S corporation: when the switch makes sense for a small business
When moving a Valley small business from Schedule C to an S corporation saves money, what it costs in California, and the Form 2553 deadline to elect.
The complete checklist for your tax appointment
What to bring to a tax appointment in Reseda: ID, income forms, Schedule C records, a mileage log, deductions, Form 1095-A, and any IRS or FTB letter.
What a lender actually looks at in your books before approving a business loan
What a lender reads before a business loan: tax returns, profit and loss, balance sheet, bank statements, debt schedule, and why reconciled books matter.
What to do when you get a letter from the IRS (and what not to do)
A guide to IRS letters for San Fernando Valley taxpayers: how to tell a real notice, what CP2000, CP14 and CP504 mean, what to do first, and what to avoid.