Posts Tagged: Form FTB 199N

New Franchise Tax Board Filings for All California Non-Profits

January 11, 2011 Posted by The Law Firm for Non-Profits, P.C. in Taxes

Small California non-profits must now file an annual return with the Franchise Tax Board. Failure to file for three consecutive years will result in automatic revocation of state exemption. Until this year, California non-profits with gross receipts that normally did not exceed $25,000 had no filing requirement. As of January 1, 2011, all California nonprofits …

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