Prior to recent changes in CA law, state-created pass-through entities (LLCs, LPs, LLPs, corporations, etc.) were required to register with the Secretary of State and received an SOS# which was included on their state tax filings. General partnerships (such as most investment clubs) were exempt from this requirement (in almost all cases) and did not have an SOS# assigned.
As of this year, the FTB has determined that all pass-through entities must now have and use an SOS# in addition to their federal EIN on their CA tax filings. General partnerships which did not have an SOS# were issued a temporary SOS# in December, 2021.
This change will be incorporated into the 2021 CA tax program when it is released by bivio.
Ira Smilovitz
Janice Levasheff on
Hi Ira,
This is very good timing! Our club just received a letter with
an SOS#. In front of the number is the word "TEMP" (there's space
in between).
Thank you for incorporating this change into the 2021 CA tax
program.
On our return, should we enter the word "TEMP" in front of the
number that the Franchise Tax Board gave us?
Thank you!
Janice
On 1/25/2022 12:52 PM, ira smilovitz
via bivio.com wrote:
Prior
to recent changes in CA law, state-created pass-through
entities (LLCs, LPs, LLPs, corporations, etc.) were
required to register with the Secretary of State and
received an SOS# which was included on their state tax
filings. General partnerships (such as most investment
clubs) were exempt from this requirement (in almost all
cases) and did not have an SOS# assigned.
As
of this year, the FTB
has determined that all pass-through entities must now
have and use an SOS# in addition to their federal EIN on
their CA tax filings. General partnerships which did not
have an SOS# were issued a temporary SOS# in December,
2021.
This change will be incorporated into the
2021 CA tax program when it is released by bivio.
Ira Smilovitz
ira smilovitz on
CA FTB has not released the final forms and instructions yet. Once they are released, the appropriate instructions will be included in the bivio tax program.
This is very good timing! Our club just received a letter with
an SOS#. In front of the number is the word "TEMP" (there's space
in between).
Thank you for incorporating this change into the 2021 CA tax
program.
On our return, should we enter the word "TEMP" in front of the
number that the Franchise Tax Board gave us?
Thank you!
Janice
On 1/25/2022 12:52 PM, ira smilovitz
via bivio.com wrote:
Prior
to recent changes in CA law, state-created pass-through
entities (LLCs, LPs, LLPs, corporations, etc.) were
required to register with the Secretary of State and
received an SOS# which was included on their state tax
filings. General partnerships (such as most investment
clubs) were exempt from this requirement (in almost all
cases) and did not have an SOS# assigned.
As
of this year, the FTB
has determined that all pass-through entities must now
have and use an SOS# in addition to their federal EIN on
their CA tax filings. General partnerships which did not
have an SOS# were issued a temporary SOS# in December,
2021.
This change will be incorporated into the
2021 CA tax program when it is released by bivio.
Ira Smilovitz
Janice Levasheff on
Thank you, Ira!
On 1/25/2022 2:35 PM, ira smilovitz via
bivio.com wrote:
CA FTB has
not released the final forms and instructions yet. Once they
are released, the appropriate instructions will be included in
the bivio tax program.
This is very good timing! Our club just received a
letter with an SOS#. In front of the number is the word
"TEMP" (there's space in between).
Thank you for incorporating this change into the 2021 CA
tax program.
On our return, should we enter the word "TEMP" in front
of the number that the Franchise Tax Board gave us?
Thank you!
Janice
On 1/25/2022 12:52 PM, ira smilovitz via bivio.com wrote:
Prior
to recent changes in CA law, state-created
pass-through entities (LLCs, LPs, LLPs,
corporations, etc.) were required to register with
the Secretary of State and received an SOS# which
was included on their state tax filings. General
partnerships (such as most investment clubs) were
exempt from this requirement (in almost all cases)
and did not have an SOS# assigned.
As
of this year, the FTB
has determined that all pass-through entities must
now have and use an SOS# in addition to their
federal EIN on their CA tax filings. General
partnerships which did not have an SOS# were
issued a temporary SOS# in December, 2021.
This change will be incorporated
into the 2021 CA tax program when it is released by
bivio.
Ira Smilovitz
Norman Gee on
Our club never received the letter from FTB. We contacted FTB and they gave us a temp number. Is there a place in the club profile? Or do we need to wait for the tax forms to be available to enter this number.
CA FTB has not released the final forms and instructions yet. Once they are released, the appropriate instructions will be included in the bivio tax program.
This is very good timing! Our club just received a letter with
an SOS#. In front of the number is the word "TEMP" (there's space
in between).
Thank you for incorporating this change into the 2021 CA tax
program.
On our return, should we enter the word "TEMP" in front of the
number that the Franchise Tax Board gave us?
Thank you!
Janice
On 1/25/2022 12:52 PM, ira smilovitz
via bivio.com wrote:
Prior
to recent changes in CA law, state-created pass-through
entities (LLCs, LPs, LLPs, corporations, etc.) were
required to register with the Secretary of State and
received an SOS# which was included on their state tax
filings. General partnerships (such as most investment
clubs) were exempt from this requirement (in almost all
cases) and did not have an SOS# assigned.
As
of this year, the FTB
has determined that all pass-through entities must now
have and use an SOS# in addition to their federal EIN on
their CA tax filings. General partnerships which did not
have an SOS# were issued a temporary SOS# in December,
2021.
This change will be incorporated into the
2021 CA tax program when it is released by bivio.
Ira Smilovitz
ira smilovitz on
There will be a place in the tax interview for the temporary SOS#. Note: that FTB reversed course and said that this is optional, not mandatory.
Our club never received the letter from FTB. We contacted FTB and they gave us a temp number. Is there a place in the club profile? Or do we need to wait for the tax forms to be available to enter this number.
CA FTB has not released the final forms and instructions yet. Once they are released, the appropriate instructions will be included in the bivio tax program.
This is very good timing! Our club just received a letter with
an SOS#. In front of the number is the word "TEMP" (there's space
in between).
Thank you for incorporating this change into the 2021 CA tax
program.
On our return, should we enter the word "TEMP" in front of the
number that the Franchise Tax Board gave us?
Thank you!
Janice
On 1/25/2022 12:52 PM, ira smilovitz
via bivio.com wrote:
Prior
to recent changes in CA law, state-created pass-through
entities (LLCs, LPs, LLPs, corporations, etc.) were
required to register with the Secretary of State and
received an SOS# which was included on their state tax
filings. General partnerships (such as most investment
clubs) were exempt from this requirement (in almost all
cases) and did not have an SOS# assigned.
As
of this year, the FTB
has determined that all pass-through entities must now
have and use an SOS# in addition to their federal EIN on
their CA tax filings. General partnerships which did not
have an SOS# were issued a temporary SOS# in December,
2021.
This change will be incorporated into the
2021 CA tax program when it is released by bivio.
Ira Smilovitz
edward siler on
When will the 2021 Partnership Taxes for 2021 be ready??? Our club already have our TD American 1099s.
Partnership Taxes for
Our club have our TD American 1099s. Need ASAP within Bivio
On Friday, February 18, 2022, 02:22:02 PM CST, ira smilovitz via bivio.com <user*2883400001@bivio.com> wrote:
There will be a place in the tax interview for the temporary SOS#. Note: that FTB reversed course and said that this is optional, not mandatory.
Our club never received the letter from FTB. We contacted FTB and they gave us a temp number. Is there a place in the club profile? Or do we need to wait for the tax forms to be available to enter this number.
CA FTB has not released the final forms and instructions yet. Once they are released, the appropriate instructions will be included in the bivio tax program.
This is very good timing! Our club just received a letter with
an SOS#. In front of the number is the word "TEMP" (there's space
in between).
Thank you for incorporating this change into the 2021 CA tax
program.
On our return, should we enter the word "TEMP" in front of the
number that the Franchise Tax Board gave us?
Thank you!
Janice
On 1/25/2022 12:52 PM, ira smilovitz
via bivio.com wrote:
Prior
to recent changes in CA law, state-created pass-through
entities (LLCs, LPs, LLPs, corporations, etc.) were
required to register with the Secretary of State and
received an SOS# which was included on their state tax
filings. General partnerships (such as most investment
clubs) were exempt from this requirement (in almost all
cases) and did not have an SOS# assigned.
As
of this year, the FTB
has determined that all pass-through entities must now
have and use an SOS# in addition to their federal EIN on
their CA tax filings. General partnerships which did not
have an SOS# were issued a temporary SOS# in December,
2021.
This change will be incorporated into the
2021 CA tax program when it is released by bivio.
Ira Smilovitz
Alessandro Squeo on
What is FTB and when are the 2021 Tax forms going to be ready? Thanks.
Our club never received the letter from FTB. We contacted FTB and they gave us a temp number. Is there a place in the club profile? Or do we need to wait for the tax forms to be available to enter this number.
CA FTB has not released the final forms and instructions yet. Once they are released, the appropriate instructions will be included in the bivio tax program.
This is very good timing! Our club just received a letter with
an SOS#. In front of the number is the word "TEMP" (there's space
in between).
Thank you for incorporating this change into the 2021 CA tax
program.
On our return, should we enter the word "TEMP" in front of the
number that the Franchise Tax Board gave us?
Thank you!
Janice
On 1/25/2022 12:52 PM, ira smilovitz
via bivio.com wrote:
Prior
to recent changes in CA law, state-created pass-through
entities (LLCs, LPs, LLPs, corporations, etc.) were
required to register with the Secretary of State and
received an SOS# which was included on their state tax
filings. General partnerships (such as most investment
clubs) were exempt from this requirement (in almost all
cases) and did not have an SOS# assigned.
As
of this year, the FTB
has determined that all pass-through entities must now
have and use an SOS# in addition to their federal EIN on
their CA tax filings. General partnerships which did not
have an SOS# were issued a temporary SOS# in December,
2021.
This change will be incorporated into the
2021 CA tax program when it is released by bivio.
Our club never received the letter from FTB. We contacted FTB and they gave us a temp number. Is there a place in the club profile? Or do we need to wait for the tax forms to be available to enter this number.
CA FTB has not released the final forms and instructions yet. Once they are released, the appropriate instructions will be included in the bivio tax program.
This is very good timing! Our club just received a letter with
an SOS#. In front of the number is the word "TEMP" (there's space
in between).
Thank you for incorporating this change into the 2021 CA tax
program.
On our return, should we enter the word "TEMP" in front of the
number that the Franchise Tax Board gave us?
Thank you!
Janice
On 1/25/2022 12:52 PM, ira smilovitz
via bivio.com wrote:
Prior
to recent changes in CA law, state-created pass-through
entities (LLCs, LPs, LLPs, corporations, etc.) were
required to register with the Secretary of State and
received an SOS# which was included on their state tax
filings. General partnerships (such as most investment
clubs) were exempt from this requirement (in almost all
cases) and did not have an SOS# assigned.
As
of this year, the FTB
has determined that all pass-through entities must now
have and use an SOS# in addition to their federal EIN on
their CA tax filings. General partnerships which did not
have an SOS# were issued a temporary SOS# in December,
2021.
This change will be incorporated into the
2021 CA tax program when it is released by bivio.
Our club never received the letter from FTB. We contacted FTB and they gave us a temp number. Is there a place in the club profile? Or do we need to wait for the tax forms to be available to enter this number.
CA FTB has not released the final forms and instructions yet. Once they are released, the appropriate instructions will be included in the bivio tax program.
This is very good timing! Our club just received a letter with
an SOS#. In front of the number is the word "TEMP" (there's space
in between).
Thank you for incorporating this change into the 2021 CA tax
program.
On our return, should we enter the word "TEMP" in front of the
number that the Franchise Tax Board gave us?
Thank you!
Janice
On 1/25/2022 12:52 PM, ira smilovitz
via bivio.com wrote:
Prior
to recent changes in CA law, state-created pass-through
entities (LLCs, LPs, LLPs, corporations, etc.) were
required to register with the Secretary of State and
received an SOS# which was included on their state tax
filings. General partnerships (such as most investment
clubs) were exempt from this requirement (in almost all
cases) and did not have an SOS# assigned.
As
of this year, the FTB
has determined that all pass-through entities must now
have and use an SOS# in addition to their federal EIN on
their CA tax filings. General partnerships which did not
have an SOS# were issued a temporary SOS# in December,
2021.
This change will be incorporated into the
2021 CA tax program when it is released by bivio.