Taxation

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...

CalChamber Opposes Plan to Impose Tax on Services

A recently identified job killer bill that would impose a 3% tax on services purchased by businesses in California was discussed this week as...

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...

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...

GOP Senators Offer Variations on House Tax Code Rewrite

Republicans in the U.S. Senate last week released a plan for overhauling the federal tax code that differs on a number of key provisions...

GOP Lawmakers Release U.S. Tax Code Revamp

Republicans in the U.S. House of Representatives this week released their plan for rewriting the federal tax code. Depending on one’s business or personal situation,...

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...