California’s Franchise Tax Board (the “FTB”) published its newest Top 500 Delinquent Taxpayer’s list today. This year, individuals made the list if their amount due exceeded approximately $230,000. The FTB is required to post this information twice annually and taxpayers can be removed from the list as they resolve their tax disputes.
The FTB will reach out to taxpayers in advance of publishing the list, and they can avoid being on the list by either paying down part or all of their liabilities, or potentially entering into an installment agreement. Consequences in California for the failure to pay such taxes include the suspension or denial of licenses, including a California driver’s license.
The complete list of both individual and corporate taxpayers can be viewed at:
https://www.ftb.ca.gov/aboutFTB/Delinquent_Taxpayers.shtml
Cory Stigile specializes in tax controversies as well as tax, business, international tax. His representation includes Federal and state civil and criminal tax controversy matters and tax litigation, including sensitive tax-related examinations and investigations for individuals, business enterprises, partnerships, limited liability companies, and corporations. His practice also includes complex civil tax examinations and sales tax examinations and appeals. Mr. Stigile is also a Certified Specialist, Taxation Law, The State Bar of California, Board of Legal Specialization.
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