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Any tax information or written tax advice contained herein (including any attachments) is not intended to be and cannot be used by any taxpayer for the purpose of avoiding tax penalties that may be imposed on the taxpayer. (The foregoing legend has been affixed pursuant to the U.S. Treasury Regulations governing tax practice.)
The matters highlighted on this website are presented in general terms and cannot be applied without consideration of all circumstances. NSBN will provide additional details upon request and will be pleased to discuss with our clients or their attorneys the possible effects of these matters in specific situations.
Email Alert
New Due Date for Paying California LLC Fee
May 28, 2009
If an LLC has total California annual income of $250,000 or greater, the LLC must pay a fee. For calendar-year LLCs, June 15, 2009 is the due date for the new estimated fee. For taxable years beginning on or after January 1, 2009, the annual LLC fee must be estimated and paid by the 15th day of the 6th month of the current taxable year.
If the estimated payment falls short of the actual fee payable, a 10 percent penalty of the underpayment will apply.
LLCs will use new form FTB 3536, Estimated Fee for LLCs, to remit the estimated fee. The form is available on www.ftb.ca.gov; search forms.
Please call if you have any questions.
