The California State Bar recently adopted a rule that reserves the right to suspend an attorney’s license to practice law in the State of California if the attorney owes a large delinquent tax liability. The rule only applies to attorneys who are on the list of 500 largest tax delinquents who owe more than $100,000 in back taxes. The California State Bar plans to serve notice of suspension as soon as the Board of Equalization (BOE) or the Franchise Tax Board (FTB) releases the list of names. The FTB releases a list of the 500 largest tax delinquents two times per year, in April and October.
The Bar will give attorneys a 90-day grace period. The attorneys will be able to make arrangements for current cases or settle with state taxing entities before their license suspension will go into affect. Suspension may also apply to other occupational licenses and drivers licenses. The California Family Code section has an existing code that suspends or denies professional or occupational licenses to delinquent child support payers.
To read more on this story visit: http://morganking.com/Tax_Exhibits_2011/B%26P%20494.5/B%26P%20494.5%20combined.pdf
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