Your 2021 tax return can be filed in December. Although it will be subject to the late filing penalty, it will be accepted by the IRS. Processing...

An IRS federal tax lien will not be released until the taxes, penalties and interest are paid in full.

The FTB can do whatever it wants to, but you have options. 2019 is a problem. You may rely on Ralite and ignore the FTB or you can revive the LLC,...

I would add that S Corps do pay tax in California at 1.5%. As for LLCs, beside the California minimum tax of $800, an LLC is also subject to an...

I would recommend hiring a California sales tax attorney with a good relationship with the California Department of Tax and Fee Administration...

Yes; the IRS or CA Franchise Tax Board will stop garnishment of wages IF the taxes, interest and penalties are paid in full. As to your second...

You received a step up in basis when you inherited the home on the date of death of the decedent. For example, if the home was worth $500K on his...

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Your transfer constitutes a change in ownership allowing the Assessor to assess it at FMV as of the transfer date. So, you have a problem. You...

Not usually as you get a step-up in basis to the FMV on the date of death of the party that left you the house. Now, if you sell it 5 years later,...

You will have to pay all of the back taxes owed to the FTB before you can revive the corporation.