California FTB Publishes May 2021 Newsletter
Citations: Tax News May 2021
SUMMARY BY TAX ANALYSTS
The California Franchise Tax Board published the May issue of Tax News, highlighting individual status letters; scheduling FTB field office appointments online; the tax treatment of forgiven Paycheck Protection Program loans and expenses; filing requirements for single-member limited liability companies; the updated top 500 delinquent taxpayer list; and a delay in the mailing of notices of tax return changes.