The California Franchise Tax Board requires all businesses to pay an annual franchise tax of $800. Under Form FTB 3522, LLC owners must file with the state and pay their annual tax to the Franchise Tax Board by the 15th day of the fourth month following their business’s formation. Even ...
We recommend hiring an accountant who is very familiar with the FTB. If you google “CA FTB audit help” or “CA FTB accountant for audits”, you might find some solid people familiar with the ins and outs of the FTB. I recommend speaking to at least 4 or 5 people and asking them ...
Annual minimum franchise tax.All LLCs doing business in California must pay an annual minimumfranchise taxof $800 (figure as of 2025). You submit the annual tax to the FTB usingForm 3522(LLC Tax Voucher). Depending on your LLC's income, you could owe more. TheLLC webpageon the FTB we...