California Franchise Tax Board (CFTB)

The California Franchise Tax Board (FTB) is a state agency responsible for managing California's personal income tax and corporation tax. It collects taxes from individuals and businesses operating in the state. The FTB also oversees tax credits, refunds, and compliance from taxpayers. It plays a crucial role in ensuring that revenues generated from taxes help fund public services like education, healthcare, and infrastructure. Additionally, the FTB provides resources and support to help taxpayers understand their obligations and file their taxes correctly.