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Tag: Child tax credit

E-File for a Faster Refund: FTB's Tips as California's 2025 Tax Season Starts

E-File for a Faster Refund: FTB’s Tips as California’s 2025 Tax Season Starts

The California Franchise Tax Board (FTB) has officially launched the 2025 tax season, encouraging residents to file their taxes early. Malia M. Cohen, the State Controller and Chair of the FTB, stresses the importance of early tax submissions to take full advantage of available tax credits. These credits are designed to provide substantial financial aid…

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How to Claim Tax Deductions for a Bigger Refund

How to Claim Tax Deductions for a Bigger Refund

When preparing to file your taxes, whether through a professional tax preparer or by utilizing a software program on your own, the primary objective is to meticulously compile all documentation that substantiates your income and any expenses eligible for tax deductions. This is critical in maximizing your potential for receiving money back in the form…

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