Form Ftb 7268llc - Limited Liability Company Collections Information - State Of California Franchise Tax Board

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BILL OF RIGHTS HIGHLIGHTS
STATE OF CALIFORNIA
FRANCHISE TAX BOARD
The California Taxpayers’ Bill of Rights ensures that we
adequately protect the rights, privacy, and property of all
California taxpayers during the process of assessing and
collecting taxes. The following information may be helpful
FTB 7268LLC
to you if we begin collection actions on your entity’s tax
liability.
Limited Liability
Alternatives to Collection Actions
If you contact us, you can prevent collection actions by
doing any of the following:
Company
• Paying your entity’s tax liability in full.
• Making arrangements to pay or file at a later date.
Collections
• Filing any required entity returns or providing proof
that no return is due.
• Making an Offer in Compromise that we accept.
Information
Offer in Compromise
We provide an Offer in Compromise program for entities
that cannot pay their unpaid liability. The program allows
In this document, we refer to the California Revenue and
you to offer a lesser amount in payment of an undisputed
Taxation Code as R&TC.
final liability. For more information regarding this program,
go to our Website at and search for:
RIGHTS AS A TAXPAYER
4905BCT. The search will take you to our Offer in
Compromise booklet (FTB Pub 4905BCT). (R&TC
One of our goals at the Franchise Tax Board is to make
Section 19443)
certain we protect your rights. We want you to have the
highest confidence in the integrity, efficiency, and fairness
Laws Regarding Collection Actions
of our state tax system. The California Taxpayers’ Bill of
Third Party Contacts
Rights (FTB Pub. 4058) includes information on your
We may contact third parties to determine or collect your
rights as a state taxpayer and how to request written tax
entity's tax liabilities. To the extent the law allows, we will
advice from the Franchise Tax Board.
provide you, upon your request, a list of individuals or
You can order the California Taxpayers’ Bill of Rights
organizations we contacted during the 12-month period
by:
following the date of the enclosed notice. We must
receive your request no later than 60 days after the
Mail:
FRANCHISE TAX BOARD
12-month period has ended. (R&TC Section 19504.7)
PO BOX 942840
SACRAMENTO CA 94240-0040
Payment Agreement Termination
If we terminate your entity's promise to pay agreement,
Website:
we will notify you in writing 30 days prior to the
In keeping with the California Taxpayers’ Bill of Rights, we
termination. (R&TC Section 19008)
have a Taxpayer Advocate who reviews cases where
Tax Liens
taxpayers have been unable to resolve their problems
If we file a tax lien, you can get it released by paying the
with us through regular channels.
total tax liability (including any penalties and accrued
You have the right to an independent administrative
interest) for the tax years represented by the lien. We will
review if we levy your income or assets, or file a tax lien.
record a certificate of release in the office of the county
You must submit your request for review within 30 days of
recorder where we filed the tax lien and/or with the
the date of the levy notice or within 15 days of the date of
California Secretary of State no later than 40 days after
the tax lien notice.
you pay the liability. If you pay by check, the 40-day
You can contact the Taxpayer Advocate by:
period does not begin until your entity's financial
Mail:
TAXPAYER ADVOCATE BUREAU
institution honors the check. (Government Code
PO BOX 157
Sections 7174(c)(1) and 7174(e)(1))
RANCHO CORDOVA CA 95741-0157
Unfortunately, we sometimes file a tax lien in error. If this
Telephone: (800) 883-5910
happens to your entity, please write to us and tell us why
you think we are wrong. If we agree with you, we will
FAX:
(916) 845-6614
send a notice to the applicable county recorder's office
Website:
and to credit reporting companies in that county stating
that we filed the tax lien in error. (R&TC Section 21019)
FTB 7268LLC (REV 03-2006) SIDE 1

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