When dealing with tax notices, understanding the differences between California Franchise Tax Board (FTB) notices and IRS notices can save you from unnecessary stress and potential penalties. For residents in Apple Valley, Victorville, Hesperia, and Barstow, knowing which agency is contacting you and why is crucial.
Understanding FTB vs IRS Notices
The California FTB and the IRS are two distinct entities. The FTB handles state taxes, while the IRS oversees federal taxes. A notice from the FTB might concern state income taxes, franchise taxes, or other state-specific issues, whereas an IRS notice will relate to federal tax matters.
Common Reasons for Receiving Notices
FTB Notices: These often relate to discrepancies in state tax returns, unpaid state taxes, or missing information. Learn more from the FTB.
IRS Notices: The IRS might contact you regarding underreported income, incorrect tax returns, or unpaid federal taxes. Check the IRS's official guide on understanding your notice.
Steps to Take When You Receive a Notice
1. Read the Notice Carefully: Identify whether it's from the FTB or IRS. Each notice has a unique code and instructions.
2. Respond Promptly: Ignoring a notice can lead to penalties. Contacting a local tax professional can help if you're unsure how to proceed.
3. Consider Professional Help: A local tax preparer or IRS advocate in Apple Valley or Victorville can assist with complex issues, especially if you need audit representation or tax relief.
Local Tax Services Can Help
Residents in Apple Valley, Victorville, Hesperia, and Barstow can benefit from local tax services that offer personalized assistance. Whether you need help with tax preparation, audit defense, or setting up a payment plan, local experts can provide the support you need. Visit our tax preparation page for more information.
Need Assistance? Call us at (760) 249-7680 for a consultation.
