California Democrats propose tax changes for businesses
Democrats in the California Senate say they want to raise taxes on big businesses so they can cut taxes for small businesses.
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Democrats in the California Senate say they want to raise taxes on big businesses so they can cut taxes for small businesses.
A bill to punish oil companies for profiting from price spikes at the pump has passed the California Senate.
The San Francisco Unified School District is apologizing to teachers and other district employees after admitting that it did not file three quarterly wage reports with the State last year, impacting tax returns and refunds.
Though it has been just more than six years since recreational cannabis was approved in California by voters, many counties, municipalities and lawmakers are still grappling with adjusting to the new industry, and Sonoma County is no different.
Santa Cruz County is looking at years of projected budget deficits despite rising property tax revenue, the county Board of Supervisors was told by staff during the board's regular meeting Tuesday.
Many tax benefits instituted during the pandemic have lapsed, which means some people could see smaller refunds.
The IRS now says you don't owe federal taxes on your gas tax rebate. That guidance came out in the 3 p.m. hour on Friday. This development comes weeks after we began pushing for answers from the Franchise Tax Board which sent out 1099s for payments above $600.
Tax agency said it is trying to determine whether tax rebates, issued in many states last year, count as income.
President Biden is expected to once again propose a wealth tax during his State of the Union, even after the idea failed to gain traction when Democrats controlled both houses of Congress.
A pot of $545 million destined for new projects in the Bay Area may soon be released from escrow after litigation over a 2018 ballot measure on bridge toll increases finally comes to an end.
With millions of Americans counting on their tax refund to pay the bills, these tips can help avoid problems getting paid.
The Internal Revenue Service announced Tuesday that it extended its annual tax return due date by a month for people who live in areas impacted by the recent storms.
The documents contain details that were not previously public, such as loans he gave to his children, income from book royalties and Melania's modeling, and how much of his presidential salary was given to charity.
After a long legal fight, a House panel investigating the former president on Friday released new details of his tax returns.
Tax agency wants to avoid "bracket creep," or when workers get pushed into higher tax brackets due to inflation.
Santa Clara County has released a list of more than 200 people and businesses who are the potential owners of more than $135,000 in unclaimed money.
A yacht dealer in the East Bay has pleaded guilty in connection with a $1.3 million tax evasion scheme, Attorney General Rob Bonta announced.
Gov. Gavin Newsom has vetoed a bill by a state senator from San Francisco that sought to strip tax-exempt status from any nonprofits in California that participated in or incited insurrection like the Jan. 6 attack on the Capitol.
Wildfire prevention, air quality, electric cars are all big issues in California and the subject of Proposition 30, a ballot measure drawing controversy. John Ramos reports. (9/19/22)
The Walnut Creek City Council on Tuesday will discuss placing a 10-year, half-cent sales tax on the November ballot to pay for "essential public services and facilities that maintain and protect our community's high quality of life," according to a staff report.
John Ramos reports on how recent tax reform for California's legal marijuana industry fell short for some (7-6-2022)
California voters will weigh in on seven ballot measures this fall, the fewest to appear on a statewide general election ballot since 2014.
During the height of the pandemic in 2020, Richmond voters approved Measure U, which raised taxes for some businesses more than 100-fold. Now the first tax bill is due July 1 and some are looking to leave.
The Bay Area company behind the TurboTax tax-filing program will pay $141 million to customers across the United States who were deceived by misleading promises of free tax-filing services.
