in Los Angeles and United Security Bancshares in Fresno, are blaming their lackluster results on the California Franchise Tax Board's December 31 announcement that it was disallowing deductions on so-called consent dividends. Experts say that by the time earnings season is over, dozens of ...
Reports on the subpoena issued by the California Franchise Tax Board (FTB) to insurance companies that may have insured certain abusive tax shelters against government enforcement actions. Reasons for issuing the subpoenas; Remarks from FTB spokeswoman Denise Azimi regarding the subpoenas....