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Reasons for receiving a letter from the FTB include:
Mistakes on the return
Failure to file a return
The FTB will send letters when they believe you should have filed a return. This happens also for businesses owners, including LLCs with no activity. We receive surprised calls from business owners that did not know that you had to file a return if your business was dormant. That’s right – the IRS and most states require most business structures to file even if your company had zero revenue and will assess a penalty for late filing of these zero-activity returns. Contact us on how to resolve this matter.
Audit/request for more information
The state occasionally audits taxpayers, especially ones with aggressive deductions, schedule C businesses (freelancers, sole proprietors, single-member LLCs, etc.). They normally ask for receipts or other backup to substantiate the expenses. Contact us for representation support below.
If you have issues with any of the above, please scan ALL PAGES of the letter received & send (or share securely) with hello@dimovtax.com and we will take a look right away. We are available assist remotely.
Call us today at (866) 681-2140, email us at info@dimovtax.com, or fill out the form and we’ll get in touch immediately.
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Dimov Tax is rated 5 stars on all major review platforms including Google, Yelp, Facebook, Angie’s List, Better Business Bureau, TaxBuzz, Thumbtack, Upwork, Bark, and much more.