02/09/2012 07:00:00 PM EST
Trusts May Unknowingly Owe Income Taxation in California: California's Unique Rules for the Income Taxation of Trusts
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It’s no secret that the State of California is suffering its own budgetary crises and is in desperate need of cash for the state. The California Franchise Tax Board (FTB) is aggressively pursuing income tax on large trusts that may unknowingly owe
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