If you have been told that your business owes taxes in Century City, then you may find that the Franchise Tax Board will come after you. They want to collect their money and they will not just simply forget about it. These types of audits do often result in serious penalties, interest charges, and fees that you will be responsible for paying. The California Franchise Tax Board is not going to simply forget that you owe them money and they will make sure to keep on you until they are paid off.
The Franchise Tax Board does have a set of procedures and policies that they must follow, and they do not deviate from them. It is vital that you make sure you understand these rules and policies to ensure you do not make any errors in the future. Errors made on your behalf can lead to monetary fines that you do not want to incur.
If you need Franchise Tax Board representation in Century City, now is the time to call Leading Tax Group. We are ready to work with you and provide you with the aggressive representation needed to lower your tax liability and erase ridiculous penalties.
Franchise Tax Board representation by Leading Tax Group based in Century City, CA. Call us today for a free consultation and to see how we can help you with the FTB audit.
Serious Repercussions for Failure to
Pay Tax Liabilities
There are serious repercussions that come along with your failure to pay your tax liabilities in California. If you do not make the payments you owe, your licenses can legally be suspended or revoked until you satisfy your tax liability. There was a California bill passed that stated that anyone who did not pay their tax liabilities or anyone who was a repeat offender could have their licenses suspended to include their driver’s license and also their business licenses. This can present a serious problem for you, especially if you do own a business.
These types of penalties can ruin your life, so it is important to speak with a trained and experienced tax professionals in Century City immediately.
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