FOR THOSE TAXPAYERS WHO HAVE UNDER-REPORTED THEIR TAX LIABILITIES, AN AMNESTY PROGRAM IS CURRENTLY IN PLACE….BUT IT’S DUE TO END SOON. THE FRANCHISE TAX BOARD HAS SENT OUT REMINDERS THAT THE VOLUNTARY COMPLIANCE INITIATIVE 2 WILL END AT THE END OF THIS MONTH. THE INITIATIVE ALLOWS TAXPAYERS TO AMEND THEIR RETURNS….AND THEN POSTMARK (OR FAX) THEM BY OCTOBER 31ST OF THIS YEAR (FOR THEIR 2010….AND PRIOR YEAR INCOME TAX RETURNS). FOR MORE INFORMATION, PEOPLE CAN GO ON-LINE TO THE FRANCHISE TAX BOARD’S VCI 2 WEBPAGE, OR CALL 1-888-825-9868.
