QUESTION
What are my rights concerning California franchise tax penalties?
Asked on May 30th, 2011 on Taxation - California
More details to this question:
They have been after me for 20 years ($1500.00 plus $9000.00 in interest/penalities). I'm 64 and will only have s. security to retire on. Is there any way to stop this collection? Have been going the hardship route but it wont work this year.
1 ANSWER
Bankruptcy & Debt Attorney serving San Diego, CA
Partner at
Jackie Robert Geller Attorney at Law
California law allows the FTB a very long time to collect back taxes. If you are living off only social security, consider making an offer in compromise or hardship application to stop collection. Talk to a tax lawyer in your area.
Answered on Jun 02nd, 2011 at 12:31 PM