Posts by CalTax

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 ...

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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...

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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...

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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...

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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...

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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...

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14 May

Proposition 13

Stability of Property Tax Revenue Helps Local Governments Through Pandemic

• August 8, 2023
• By CalTax

The stability of property tax revenue under Proposition 13 is proving to be a major benefit for local governments. The San Francisco C...

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07 May

Office of Tax Appeals

FTB Wrongly Seized $6,734 From Maryland Resident, but He Won’t Get a Refund

• August 8, 2023
• By CalTax

“Notwithstanding the fact that appellant’s tax was erroneously paid and not owed in the first place, we must nevertheless find that app...

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30 Apr

State Budget

California’s Tax Revenue Is $16.7 Billion Above Projections

• August 8, 2023
• By CalTax

State revenue for the first nine months of the current fiscal year is $16.7 billion ahead of the projections in Governor Gavin Newsom’s...

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30 Apr

State Board of Equalization

Local Property Tax Revenue Grew 6.5 Percent in 2019-20

• August 8, 2023
• By CalTax

There was a 6.5 percent increase in property tax revenue received by local governments in the 2019-20 fiscal year, according to the Sta...

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