Thursday, May 2, 2024

Taxation

IRS Highlights Resources Available for Small Businesses

In recognition of National Small Business Week, May 5–11, the Internal Revenue Service (IRS) is highlighting its resources to help small business owners and...

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...

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...

Why Tax Reform Is Hard

Governor Newsom’s musings have set tax reformers buzzing.

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...

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...

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...

IRS Highlights Tax Changes Affecting Small Businesses

  The Internal Revenue Service is urging small business owners to learn about how the new tax law changes may affect them. The Tax Cuts and...

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...

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...