This account summary provides:
• Credit information
• Payment amounts and effective dates
The notification letter provides the same data available internally to FTB call center agents and proactively addresses the most common reason tax professionals contact the Tax Practitioner Hotline: calling to verify payments.
For 2020, the FTB added “This is Not a Bill” to the top of the letter for added clarity and to discourage recipients from remitting payment with the notice. Finally, payment information is also available online to businesses and their tax representatives who register for a MyFTB account.
Contact Wilson Tax Law Group at949-397-2292if you have IRS or FTB tax concerns.