Wednesday, December 11, 2019

Reminders: W-2s Due January 31 to IRS; 2019 Mileage Rates

The Internal Revenue Service (IRS) reminds employers and other businesses of the January 31 deadline that now applies to filing Form W-2 wage statements...

A Different Kind of Carbon Tax

My primary policy areas at the California Chamber of Commerce are privacy and tax. Yet, when I heard there was going to be a...

Revenue Boost Calls Into Question Motivation for New Taxes

In Episode 23 of The Workplace, CalChamber President and CEO Allan Zaremberg discusses California’s revenue surge and continued calls for new taxes with longtime...

IRS Encourages Workers to Do a ‘Paycheck Checkup’

The Internal Revenue Service (IRS) is asking employers to remind employees to do a “paycheck checkup” to make sure they are having the right...

IRS Encouraging ‘Paycheck Checkup’ to Prevent Tax-Time Surprise

The Internal Revenue Service (IRS) is encouraging everyone to check their withholding to avoid an unexpected tax bill or penalty at tax time. The new...

Effort to Make Property Tax Increases Easier to Pass Falls Short in Assembly

A proposed constitutional amendment to make it easier for local governments to increase property taxes failed to secure enough votes to pass the Assembly...

Federal Tax Reform Means More Business Taxes for California

California’s corporate tax base may increase by up to 12% as a result of federal tax reform legislation, according to a study recently released...

Why Tax Reform Is Hard

Governor Newsom’s musings have set tax reformers buzzing.

CalChamber Outlines Subjects for Carbon-Based Sales Tax Study

A California Chamber of Commerce-opposed-unless-amended bill that will increase costs and place regulatory burdens on businesses passed the Senate Environmental Quality Committee this week. SB...

More Questions on Carbon Tax Proposal

Last week, CalChamber’s tax and privacy guru Sarah Boot wrote about her surprise that a California legislator would introduce a “carbon tax” bill that...

Multiple Entities Could Gain Power to Increase Property Taxes with Just 55% Vote of...

Hundreds of local special districts could gain the ability to increase property taxes with just a 55% majority vote if a proposed constitutional amendment...

CalChamber Seeking Input on Federal Tax Proposal

The California Chamber of Commerce is seeking member feedback on how the President’s tax proposal will affect their businesses. The framework for the proposal was...

Split Roll Property Tax Increases: Several Proposals Pending for 2020

Proponents of an $11 billion split roll property tax increase refiled their ballot initiative last week, claiming “notable improvements to implementation dates, expansive new...

Coalition Raises Concerns Over Efforts to Impose Sales Tax on Services

A broad coalition that includes the California Chamber of Commerce, small businesses, and taxpayers this week announced the formation of the California Tax and...

August 27 Hearing Will Allow Taxpayers to Voice Concerns

An annual hearing to allow taxpayers to present their ideas and concerns on property taxes or the alcoholic beverage tax is set for August...

Job Killer Bills Imposing Targeted Taxes Pass Policy Committees

Three California Chamber of Commerce-opposed job killer bills that seek to impose unfair targeted taxes passed Assembly policy committees this week. Sweetened Beverages Tax AB 138...

High Court Ruling Raises Questions on Passage of Local Special Taxes

How many voters does it take to pass a local special tax? Since Proposition 13 in 1978, voters have had the final say on local...