FTB Responsibilities Sample Clauses

FTB Responsibilities. FTB agrees that information provided by the City will be used for tax administration and non-tax programs that FTB administers and may be shared with other state or federal agencies as authorized by law.

FTB Responsibilities. FTB will conduct preparer office visits for the purpose of identifying unregistered tax preparers, as well as contact tax preparers who are suspected of being unregistered by telephone or mail, as FTB determines appropriate. FTB will identify unregistered tax preparers and explain to them the requirement to register, the benefits of being registered and the consequences of violating the law, including the associated penalties provided in R&TC Section 19167(a)(4)(A) & (B) (Unregistered Tax Preparer Penalties). Once FTB identifies an unregistered tax preparer, FTB staff will send a letter to the unregistered tax preparer. The letter will inform the tax preparer of the requirement to register and that they will be assessed with an Unregistered Tax Preparer Penalty unless they come into compliance with the law within 30 days from the date of the letter. If the unregistered or delinquent tax preparer does not comply, FTB will send a second letter confirming that the penalty has been assessed and is due and payable. If FTB can verify via the CTEC website that the unregistered tax preparer has registered within 90 days of the date FTB assessed a penalty for a first-time failure to register, FTB will waive the penalty. Penalties other than for the first failure to register will not be waived. FTB will also receive and resolve any claims that an exemption to the registration requirement applies pursuant to B&PC Section 22258, or that the failure to register was due to reasonable cause and not willful neglect as provided in R&TC Section 19167(a)(4). FTB will provide information to CTEC regarding the number of site visits to tax preparers made by FTB for CTEC purposes and the results of those site visits by large geographic areas, as agreed by CTEC and FTB, but no less than twice a year. In addition, at least twice a year, FTB will provide a report including the number of tax preparers contacted (via letters, phone calls, site visits), the number of penalty letters issued, the number of tax preparers who came into compliance, the number no longer preparing returns and the number of $2,500 and $5,000 penalties imposed. At FTB's sole discretion it may provide miscellaneous reports, statistics and information to CTEC upon request, as needed to support the program. FTB will conduct travel in accordance with standard State Travel Guidelines and Regulations, which dictate the amounts to be reimbursed and vendors to be used. Variances may be approved according to standard c...

FTB Responsibilities