Does Your Business Need to Collect U.S. Sales Tax? U.S. states can only require sellers to charge sales taxes if that seller has “sales tax nexus” in that state. Nexus simply means that your business has significant presence in that state.

How do I talk to the Franchise Tax Board?

If you need to speak to a live customer service representative in California Franchise Tax Board customer service you need to dial 1-800-852-5711.

How do I talk to someone at FTB?

California Franchise Tax Board Customer Support Phone is 1-800-852-5711. Live customer service representatives from California FTB are available from 8am to 5pm Monday-Sunday. For Customer service from Outside the US you need to dial 1-916-845-6500. For Automated help you need to dial 1-800-338-0505.

Do you have to pay state tax on business income in California?

Instead, income from the business is distributed to individual LLC members, who then pay federal and state taxes on the amount distributed to them. Also, as mentioned above, standard California LLCs are required to pay the minimum franchise tax of $800.

How to contact the IRS for California taxes?

Federal Income and Payroll Tax Visit the IRS website or contact a local office in California. Customer service phone numbers: Tax Forms: 1-8

What is the corporate income tax rate in California?

Traditional corporations and LLCs electing to be treated as corporations are subject to a state income tax of 8.84% of net income derived from business transacted in California. The corporations and LLCs that are subject to the corporate income tax are not subject to the franchise tax.

How is the sale of a business taxed?

If your business is a sole proprietorship, a sale is treated as if you sold each asset separately. Most of the assets trigger capital gains, which are taxed at favorable tax rates. But the sale of some assets, such as inventory, produce ordinary income.