Law makers look for ways to collect unpaid taxes
This reminds me. I still have to do my taxes. Ugh. For those business owners that haven't filed their taxes, here's a bill that could impact you:
A bill proposed by Assemblyman Mike Eng (D-Monterey Park) that would help collect $1.4 billion in outstanding taxes was passed today by the Assembly Business and Professions Committee. AB 1925 authorizes the Franchise Tax Board (FTB) to suspend the licenses of professionals approved to practice by the California Department of Consumer Affairs.
Current data indicates that there are over 25,000 delinquent taxpayers that possess an occupational or professional license. California loses approximately $1.4 billion annually as a result of uncollected tax liabilities that apply to professional and occupational licensees.
Comments
hope this helps the hit count
Posted by: Anonymous | April 2, 2008 12:14 PM
God love politicians....let's pass a law which will prevent some folks from earning a living because they owe back taxes - so if they can't work how will the State ever recover the taxes? Makes perfect sense in the world of a political bureaucrat.
Posted by: gilman | April 2, 2008 8:05 PM
Job security and guaranteed raises for career politicians. Wouldn't it be nice if companies and employees have the ability to just go after taxpayers to stay in business and stay in employed?
Posted by: Anonymous | April 4, 2008 5:51 AM