Frequently Asked Questions
Headquartered in Encino, California with multiple local branch offices in your backyard to serve you at your convenience. Leading Tax Group can schedule a face to face consultation to represent your case with the IRS, FTB, EDD, as well as CDTFA Audits.
This depends on several things. Filing late returns is usually stressful, especially if you are looking at several years of tax. It’s easy to make a mistake in this case. The best choice is to Call Leading Tax Group for guidance.
The IRS and the FTB are two separate and distinct taxing authorities with different ways of calculating tax. It is perfectly possible to owe the IRS for a particular year and get a refund from the FTB for the same year.
Recent policy changes mandate that you efile a state tax return with your federal tax return. You can’t efile it separately. Generally, you must file a state tax return if you’re a resident, part year resident or non-resident. If you receive income from a source in California or income above a certain amount, you need to file a federal tax return.
The collection statute is 20 years and the audit look-back period is 4 years. If you want to know more about your taxes or need some help determining your filing requirements, Call Leading Tax Group today.
Even though it is very rare, there is a possibility to go to jail for not filing state taxes. However, most taxpayers get away with just a penalty. You could also be required to pay interest. Call Leading Tax Group in case you feel this is your case.
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