Last year, a law was passed by the California Legislature requiring past due taxpayers’ names to be posted on the Internet. Earlier this year, the Board of Equalization listed their biggest debtors. Next month, 250 lucky taxpayers may find their names on the Franchise Tax Board’s list.
According to this news report, the FTB is finally about to release their list. If you owe at least $185,000, your name may soon be in lights! The FTB is sending out one final request for payment to those lucky individuals giving them a chance to pay within the next 30 days. The largest amount owed to the FTB is $26 million.
When the list is published, I’ll let you know.