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Track client information online. (FTB News).


Now you can track your clients' estimated tax
Estimated tax
Tax to be paid quarterly on income that is not subject to withholding tax, including self-employed income, investment income, alimony, rent, and capital gains.
 payments as they are applied to their accounts via a new service offered through the FTB's direct filing portal. What's more, you can find a client's current balance due balance due n. the amount of a debt still owed on an account or the principal owed on a promissory note. In the case of a promissory note, the balance due is not the sum of installments due, since these include amortized interest, but may be the principal due without further interest., going back as far as five years.

If any of your clients used an online service to e-file last year, they will receive their customer service number in the mail with which you can access their information online. Customer service numbers also are available at www.ftb.ca.gov, or by calling the FTB at (800) 338-0505.
COPYRIGHT 2002 California Society of Certified Public Accountants
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:California CPA
Article Type:Brief Article
Geographic Code:1U9CA
Date:Mar 1, 2002
Words:94
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