Thursday, March 28, 2024

Taxation

Just-Signed Bills Offer Relief from Pandemic Hardship

Governor Gavin Newsom signed legislation this week to provide relief to Californians experiencing pandemic hardship. Included in the package were bills to allocate another $2.1...

Voters Reject Largest Tax Hike in California History

Proposition 15, the largest property tax increase in California history, was declared defeated the evening of November 11 by a margin of more than...

Days Remain to Stop Split Roll Tax Hike

With just days to go before the November 3 election, the No on Prop 15 campaign continues to highlight the problems the split roll...

Ads Highlight Problems with Prop. 15 Split Roll

With just weeks remaining before the November 3 general election, the broad-based campaign opposing Proposition 15 is highlighting reasons to vote against the split...

Strong Campaign Needed to Stop Proposition 15 Split Roll Tax Proposal

The California Chamber of Commerce and a coalition of business and taxpayer groups are leading a strong effort to defeat the split roll property...

IRS Issues Guidelines to President’s Payroll Tax Deferral Order

The U.S. Department of Treasury and Internal Revenue Service (IRS) issued guidelines to President Donald Trump’s payroll tax deferral executive order the night of...

All Californians Lose If Split Roll Tax Passes

The California Chamber of Commerce and a coalition of business and taxpayer groups are leading a strong effort to defeat the split roll property...

Newest Job Killer Imposes Headcount Tax on Employers

Legislation that will discourage hiring and job growth by imposing an employee “headcount tax” on certain employers has been added to the California Chamber...

IRS, State Tax Board Extend Tax Filing Deadline as Emergency Measure

In a move intended to relieve some of the financial pressure invoked by the coronavirus, Treasury Secretary Steven Mnuchin announced the IRS has moved...

Voters Putting Brakes on New Taxes, Bonds

After several election cycles opening their wallets, Californians used the March 3 ballot to express skepticism of new tax and bond measures. Perhaps the biggest...