Our business was under audit by FTB for Tax Year 2011. Few months ago we sent them corrected Tax return for Tax Year 2011. And, finally, yesterday we received check with refund. The refund is less than I expected, but just for them to leave us alone I might consider to accept the offer.
However, does the fact that FTB sent me a check with refund really mean that the whole audit is over for Tax Year 2011? Or can they still potentially revisit something else for Tax Year 2011 and send me a bill later?