07 Jan State Legislature Lawmakers Return to Capitol, Introduce Major Tax Hike August 8, 2023 By CalTax The Legislature returned to Sacramento this week to begin the final half of its two-year session, and Assembly Members Ash Kalra and Al...Continue reading
07 Jan Local Tax Elections, Local Taxes Parcel Tax Approved, Bond Measure Rejected in December Special Elections August 8, 2023 By CalTax A local parcel tax passed and a bond failed in recent special elections, according to the final results released by elections officials...Continue reading
07 Jan California's Competitiveness Two California Firms Moving to Lower-Cost States August 8, 2023 By CalTax Two California-based companies announced this week that they are moving operations to states with lower costs. Review Wave, a tech com...Continue reading
17 Dec State Board of Equalization Malia Cohen Elected Chair – and FTB Member – Effective January 1 August 8, 2023 By CalTax The State Board of Equalization voted December 14 to elect Member Malia Cohen as the new BOE chair effective January 1, and to retain V...Continue reading
17 Dec Office of Tax Appeals Texas Resident Owes California Tax August 8, 2023 By CalTax In an opinion that might be important reading for those considering moving out of California, the Office of Tax Appeals ruled in the Ap...Continue reading
17 Dec Commentary The Capitol Annex Will Soon Be Gone, but Not Forgotten August 8, 2023 By CalTax By CalTax Chief Tax Consultant David R. Doerr It has been called ugly, old, inflexible, and not up to snuff with current code requirem...Continue reading
03 Dec State Budget State Revenue Nearly $16 Billion Ahead of Budget Projections August 8, 2023 By CalTax Through the first four months of the fiscal year, state revenue is $15.98 billion ahead of the amount projected in the budget enacted t...Continue reading
03 Dec Unemployment Insurance State Forecasts $20.2 Billion Year-End Deficit in Unemployment Insurance Fund August 8, 2023 By CalTax California’s unemployment insurance (UI) fund will end the year with a $20.2 billion deficit, the Employment Development Department (ED...Continue reading
19 Nov State Budget Surplus Could Reach $31 Billion, Triggering State’s Spending Limit, Legislative Analyst Projects August 8, 2023 By CalTax State revenue is increasing at historic rates and could result in a $31 billion dollar surplus to allocate in next year’s budget proces...Continue reading
19 Nov Waste, Fraud, & Mismanagement School District Pays Superintendent More Than $600,000 a Year August 8, 2023 By CalTax James Hammond, the superintendent of the Ontario-Montclair School District, receives compensation of more than $600,000 a year “through...Continue reading