30 Jul Waste, Fraud, & Mismanagement Prison Industry Authority Gave $1.3 Million in Unlawful Gifts, Audit Finds August 8, 2023 By CalTax The California Prison Industry Authority (CalPIA), which provides work opportunities for inmates under the jurisdiction of the Californ...Continue reading
16 Jul Property Tax Assessors Continue to Report Growth in Taxable Value of Property August 8, 2023 By CalTax County assessors this month continued to report growth in the value of taxable property in their areas, which will translate to more pr...Continue reading
02 Jul Local Taxes Sales Tax Rates Increase in Many Parts of the State August 8, 2023 By CalTax Voter-approved sale tax rate increases took effect July 1 in many areas of the state, the California Department of Tax and Fee Administ...Continue reading
02 Jul Property Tax County Assessment Rolls Growing, Providing More Tax Revenue for Local Government August 8, 2023 By CalTax It is the time of year when California’s 58 county assessors complete their assessment rolls and announce the total value of property s...Continue reading
25 Jun Employment Development Department California Unemployment Insurance Fund Expected to Be $24.3 Billion in the Red August 8, 2023 By CalTax An updated unemployment insurance fund forecast released by the Employment Development Department (EDD) estimates that California will ...Continue reading
11 Jun Office of Tax Appeals OTA Establishes Precedent Despite Disagreement of Majority of its Judges August 8, 2023 By CalTax The Office of Tax Appeals posted 43 opinions to its website June 7, including five “pending precedential” decisions and two unanimous o...Continue reading
04 Jun State Budget Democratic Legislative Leaders Unveil Joint Budget Proposal August 8, 2023 By CalTax Democratic legislative leaders announced June 1 that they have reached a budget agreement and will now negotiate with Governor Gavin Ne...Continue reading
04 Jun Franchise Tax Board FTB Begins Process of Requesting More State Funds for Audits of Political Campaigns August 8, 2023 By CalTax At the June 3 meeting of the three-member Franchise Tax Board, agency staff and board members discussed 11 “proposal concepts” that cou...Continue reading
28 May Waste, Fraud, & Mismanagement State Employees Wasted More Than $1.6 Million, Auditor Reports August 8, 2023 By CalTax The state wasted more than $1.6 million in tax dollars because of lax management of employees – including two California State Universi...Continue reading
21 May Gasoline Tax State’s Gas Tax to Increase July 1 August 8, 2023 By CalTax California’s excise tax on gasoline will increase to 51.1 cents per gallon July 1, up from the current 50.5 cents per gallon, the Calif...Continue reading