California Business Portal

Taxes

How do I get a Franchise Tax Board (FTB) lien removed from my credit bureau report?

You must contact the credit bureau agencies directly to modify or to remove a lien from your credit bureau report. FTB does not report lien information directly to the credit bureau agencies. The Notice of St...

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My business has a Franchise Tax Board (FTB) lien and I believe it was filed in error. What should I do?

Contact FTB. If FTB files or records a lien in error, they will: Release a lien as filed in error to the applicable county recorder’s office or California Secretary of State. Notify the credit bureau a...

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My business has a Franchise Tax Board lien. How do I get a copy of the lien or release of lien?

Contact the county where the lien or release of lien was recorded.

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My business filed bankruptcy, what do I need to do?

If you or your business filed bankruptcy, contact the Franchise Tax Board immediately by phone 916.845.4750 or fax 916.845.9799.

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My business has a Franchise Tax Board (FTB) lien. What effect will a lien have?

Lien Facts: A lien is a legal claim to secure a debt. It may delay or prevent you from certain tran...

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How do I prevent the Franchise Tax Board (FTB) from filing a lien?

To prevent FTB from recording or filing a lien against you or your business, do one of the following: Pay your tax liability in full when it becomes due or enter into a qualifying installment agreement. ...

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What is a limited liability company (LLC)?

LLCs combine traditional corporate and partnership characteristics. The Beverly-Killea Limited Liability Company Act of 1994 (Stats.1994, Ch.1200) authorizes the formation of LLCs in California. It also recogni...

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How do I form a limited liability company (LLC)?

To register or organize an LLC in California, contact the California Secretary of State: Website: sos.ca.gov Telephone: 916.657.5448 M...

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How does California treat limited liability companies (LLCs)?

For California income and franchise tax purposes, generally the Franchise Tax Board classifies: A single-member LLC as disregarded from its owner, and treats it as a sole proprietorship, or a branch or di...

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How does a single-member limited liability company (SMLLC) file?

An SMLLC is generally disregarded. Limited liability companies (LLCs) classified as disregarded generally do not report their own income separately from their owners. However, California treats them as separate...

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