The agreement acknowledged that there are two separate entities. | The Global Dispatch
The agreement acknowledged that there are two separate entities. If you do not qualify for an installment agreement, taxpayers may want to consider reaching out to a licensed tax professional that has experience with the Franchise Tax Board. Above all, a licensed tax professional can review their financial situation, tax situation, and determine all options available. Most people owe the IRS about three times more than they owe the FTB. Even though the IRS limits are $50,000 or less, most people who owe the FTB as much as $25,000 owe the IRS more than $50,000 (ftb installment agreement). A w...
Source: theglobaldispatch.com