The California Franchise Tax Board (FTB) released its May 2024 edition of Tax News, a monthly online publication providing updates on state income tax laws, FTB regulations, policies, and procedures. The publication includes information on: 1) the upcoming implementation of multi-factor authentication for MyFTB users; 2) Tax Information Authorizations and Powers of Attorney; and 3) best practices for amending corporate tax returns. [Cal. Franchise Tax Bd., California FTB Tax News - May 2024, 05/31/24]
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