[Accrs-execs] Franchise Tax Board Letter of Approval of Good Standing

ACCRS exec board accrs-execs at mail.accrs.org
Tue Nov 21 18:10:38 PST 2017


ACCRS Board Members:


Attached is the latest letter from the Franchise Tax Board (FTB), granting us a "Certificate of Revivor".  No, I haven't seen that word before and my spellcheck hasn't either.  Essentially, the letter says that ACCRS is now in good standing with the FTB and our suspension  is relieved.


The letter brings several surprises and questions.  Whether we were granted restoration of good standing, I anticipated further instructions of what to do in the future to remain in good standing; such as annual forms to file, financial thresholds to be aware of.  I am also befuddled (at my age this happens too often) by the addressee of the various letters.  I received the first and this last letter, but the intermediary correspondence went to Marc Stearman.  Frankly, all the letters should have gone to Marc.


The bottom line is, I believe we should make one more call to the FTB to ascertain what if any forms need to be filed in the future.  I know, that seems like poking a sleeping bear. but we need to know more than we do about maintaining our status.  Also, there may be IRS form(s) to file.  Ignorance is not bliss.


John Kolberg
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