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BOE sales and use tax audit can lead to income tax audit.

Publication: California CPA
Publication Date: 01-DEC-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
The FTB recently warned that the California Board of Equalization's adjustments to sales and use tax returns has a direct impact on both gross receipts and business expenses on the income tax return.

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The FTB suggests reviewing the audit report at the conclusion of a sales and...

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