Monday, March 20, 2006

Deadline Looming for California Tax Shelter Resolution Initiative - Taxpayers Stand to Save Millions

Deadline Looming for California Tax Shelter Resolution Initiative - Taxpayers Stand to Save Millions: "The Franchise Tax Board (FTB) is reminding taxpayers and tax professionals that April 3, 2006, is the last day to apply for the California Tax Shelter Resolution Initiative. The initiative was announced in FTB Notice 2006-1 and follows the IRS tax shelter settlement initiative as outlined in IRS Announcement 2005-80."

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