Credits

ERC refunds are not taxable income for California 

On February 24, 2023, the FTB has reconsidered its position regarding California’s tax treatment of the Employee Retention Credit (ERC) FTB will not require taxpayers to include any portion of the ERC on their California tax return. FTB stated: “Recently, the Franchise Tax Board provided a response to a question regarding the taxability of the

ERC refunds are not taxable income for California  Read More »

Scroll to Top