California State Income Tax Problems
California Franchise Tax Board
Have you failed to report your state personal income tax or corporate income tax? Think of calling The Law Offices of Steven Simrin to represent you. Mr. Simrin has represented individual taxpayers and business owners who have disputes with the California Franchise Tax Board (FTB).
Mr. Simrin is experienced at negotiating with the FTB. He has over 20 years of practice as a Certified Public Accountant (C.P.A.) and tax attorney. He uses his knowledge of the Franchise Tax Board to work by its rules, for you.
Mr. Simrin understands that a letter stating that you are the subject of a tax audit can be frightening. He can inform you that you have several options to resolve your tax problems. You can pay with a credit card or by setting up an installment agreement (I/A). An installment agreement requires the FTB’s approval and a regular schedule of monthly payments.
Mr. Simrin can walk you through the first step of working with the FTB. This is to file your tax return for the current year. If you are confused about how to file state taxes or have years of returns that have piled up, Mr. Simrin can work through these with you.
You may already be the subject of a tax audit. If this is the case, explain the situation to Mr. Simrin. He will be able to represent you through the audit proceedings. You have the right to be represented by an attorney in any conversations with a FTB auditor.
It is financially dangerous to ignore the FTB’s letters regarding tax audits, tax disputes, and court proceedings regarding your taxes. The FTB has the power to place a lien on your real or personal property. It can also garnish your wages. The FTB’s actions can show up on a credit report. This can prevent you from getting a loan or refinancing a mortgage when you need it most.
The FTB’s liens do not just disappear. When a state tax lien is recorded, it holds effect for 10 years. Bankruptcy does not resolve all of your tax problems. The FTB has pursued individuals who have filed for bankruptcy. If you have filed Chapter 7, 11, or 13, think of talking to Mr. Simrin about avoiding debt for unpaid state taxes.
Begin working on your tax problems now so that they aren’t problems anymore. Call Mr. Simrin to learn how you can take control of the situation. You can become financially solvent or get your business “back in the black.” Mr. Simrin is here to work for you.
