CalTax, Author at CalTax

18 Nov

State Could Face $25 Billion Deficit, Analyst Warns

August 8, 2023
By CalTax

California could face a $25 billion operating deficit in the 2023-24 fiscal year if current spending levels remain unchanged, according...

18 Nov

Office of Tax Appeals

Texas Company’s Appeal Is Going, Going, Gone!

August 8, 2023
By CalTax

The Appeal of LBD Corporation involved a small, closely held corporation located in Texas that sold corporate assets in California via a California-based auction house.

04 Nov

Waste, Fraud, & Mismanagement

Sacramento City Manager Will Make $182,000 More Than Governor

August 8, 2023
By CalTax

The Sacramento City Council voted 8-1 this week to increase City Manager Howard Chan’s base salary from $372,700 to $400,652 – a 7.5 pe...

04 Nov

Franchise Tax Board

Taxpayers’ Bill of Rights Hearing Will Be Held December 8

August 8, 2023
By CalTax

The Franchise Tax Board’s annual Taxpayers’ Bill of Rights hearing will be held December 8 in a meeting that will include in-person and virtual participation.

28 Oct

California's Competitiveness

California Has Third-Worst Business Tax Climate in the United States, Foundation Finds

August 8, 2023
By CalTax

The Golden State maintained its longstanding position of having a business tax climate that is worse than 47 other states, but better t...

21 Oct

Waste, Fraud, & Mismanagement

State Spending $1.7 Million for One Toilet in San Francisco

August 8, 2023
By CalTax

A press conference to announce a “state budget win” for construction of a public restroom in San Francisco was abruptly canceled Octobe...

21 Oct

Miscellaneous

High-Earning Residents Leaving Bay Area, Census Finds

August 8, 2023
By CalTax

High-earning San Franciscans have been leaving the city since the beginning of the pandemic, according to census data. The data shows ...

19 Oct

Local Taxes

Voters to Decide Fate of 280 Tax Increase Measures in November

August 8, 2023
By CalTax

When Californians go to the polls November 8, they will vote on 280 local tax increases (including bonds) and four local tax repeal mea...

07 Oct

Miscellaneous

Gubernatorial Debate Scheduled for October 23

August 8, 2023
By CalTax

Governor Gavin Newsom and state Senator Brian Dahle are scheduled to meet Sunday, October 23, for the first and only debate in this year’s gubernatorial election.