Installment agreement web tool simplifies application process - FTB News - Franchise Tax Board - Brief Article

California CPA, Nov, 2002

Last month, the FTB began offering an online electronic installment agreement application on its website, www.ftb.ca.gov, that can speed up the process of applying for an installment agreement.

To use the system, complete and submit an application for approval to pay an amount due in installments. You instantly will be sent a confirmation that the FTB has received the application. You can later go back online to check the request's status.

To qualify for an installment agreement the maximum balance owed cannot exceed $10,000, and the total balance must be paid within 36 monthly installments.

Currently, the electronic installment agreement is for taxpayers' use only. However, the FTB is looking at expanding it to allow CPAs to submit an installment agreement request on clients' behalf.

A customer service number is required for authentication. Confidential information is protected through the use of Secure Sockets Layer encryption.

COPYRIGHT 2002 California Society of Certified Public Accountants
COPYRIGHT 2002 Gale Group
 

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