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CA Franchise Tax Board (FTB) sent you a “Demand for Return” years ago and you had no idea? Now you owe THOUSANDS! You may owe $0!

Many people that do not owe pay because of wage garnishments, bank account levies, tax refunds taken, or out of sheer fear.  However, the FTB filing enforcement program is pretty successful.  Often the taxpayer does owe, but many times not as much as reported on the notice.  With over 32 years of experience working for the FTB, and having retired as the Taxpayers’ Rights Advocate, give me a call I may be able to help.

I have had an uptick in clients with this issue over the last 2 months. (Actual cases)

Client 1:  

  • Tax Year - 2002
  • Amount Due in November 2017 -  Over $50,000
  • Year client “actually” received the bill at a different address than on “Demand    for Return”  - Bank account in Nevada was levied for over $2,000 in July 2017.  Clients been living in Japan over 40 years.
  • Resolution - Notice Cancelled, money returned.

Client 2:

  • Tax Year - 1995
  • Amount Due in December 2017 - Over $10,000
  • Year client “actually” received the bill at a different address than on “Demand    for Return” - Received an annual Information notice June 2017 in Costa Rica where he had been living since 1994.
  • Resolution - Notice Cancelled 

Client 3:

  • Tax Year - 2007
  • Amount Due in December 2017 - Over $25,000
  • Year client “actually” received the bill at a different address than on “Demand    for Return”  July 2017.
  • Resolution - Notice Cancelled 

Schedule your consultation by clicking here:

https://www.stevesimsea.com/contact/

Franchise Tax Board’s Explanation 

Why I received this notice

We don't have a record of your California personal income tax return. You have 30 days from the notice date to respond to the Demand for Tax Return.

What I need to do

Respond to FTB by the date listed on your notice. You have two options to respond to this notice.

    •    Option 1: File your tax return.

    •    Option 2: Fill out the "Reply to FTB" form included with your notice. It allows you to tell us that you (A) already filed a tax return or (B) you don't have to file or you are unsure if you have to file.

If you don't respond by the date on your notice, FTB will estimate your income and issue a Notice of Proposed Assessment. This notice will include added fees (a demand penalty, a delinquent filing penalty, and a cost recovery fee).

Click here for more information:

https://webapp.ftb.ca.gov/inc/

steve@stevesimsea.com

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