Running in opposite directions
The California Franchise Tax board sent us a notice this week letting us know that they intend on assessing an additional $1100 in taxes for "unreported income" that we didn't include on our '05 return. Would have been nice had they also included some explanation as to what this unreported income was as well as it's source. I have a hard time swallowing this given that we only worked in the state for barely half the year.
And yet the people in charge of well, everything in Sacramento wonder why the outflow is bigger than the inflow.
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