What is the California Franchise Tax Board Statute of Limitations? I received a California FTB notice to pay 31 years later? ?
Rex's answer
|
Answered on April 21, 2021
You are correct that 20 years is the statute of limitations for collections when it comes to the FTB; but, that statute is tolled in bankruptcy...
Archived
Should casino loss be reported in tax?
Rex's answer
|
Answered on April 19, 2021
I agree with Mr. Cowan. It is not a crime to not report a loss or take a deduction for a loss.
Can I sue the casino for fraud?
Rex's answer
|
Answered on March 30, 2021
Forget about suing at the moment. It is far more important that you report the identity theft to the Internal Revenue Service and Franchise Tax...
How can I find out why the franchise tax board suddenly levied my personal checking account and if it had been done in error?
Rex's answer
|
Answered on March 30, 2021
You have at least 10 days as I recall to reverse the levy but you will need to show that the levy has created a hardship on you and your family. If...
Money in BoA account taken by IRS in 2016 due to not filling out W-9; possible to get back?
Rex's answer
|
Answered on February 12, 2021
Yes; she can get it back. The California State Controller is holding the money as it was unclaimed property, i.e., money in an account that was not...
I thought state taxes over 20 years ago is not collectable?
Rex's answer
|
Answered on January 26, 2021
Sadly, the California FTB can collect taxes for 30 years. They can levy your bank accounts at any time but they cannot touch your social security....
Archived
How can I get my decreased first husband social security benefits.?
Rex's answer
|
Answered on January 25, 2021
Make an appointment at any social security office or simply show up there. They will help you with this. Take your husband's certified death...
Archived
IRS debt statute of limitations?
Rex's answer
|
Answered on January 25, 2021
The IRS has a 10 year statute of limitations on collections where the CA FTB has a 30 year statute of limitations on collections but they have to...
How to answer an occupation on Form 1040? (Unemployed right now)
Rex's answer
|
Answered on January 25, 2021
I recommend that you state your current occupation when filing your return. So, if you're unemployed state that on your return.
CAN THE CALIFORNIA FRANCHISE TAX BOARD LEVY OR TAKE MY SOCIAL SECURITY money?
Rex's answer
|
Answered on January 25, 2021
No; the FTB cannot levy your social security. The IRS, on the other hand, can levy your social security but they are limited to 15% maximum.
Ad
Transform legal challenges into solutions.
Connect now to review your situation.
The Avvo Rating explained
The Avvo Rating explained