If you’re living or working in California, understanding how the California state income tax system works can help you plan better and possibly save money. The Golden State uses a progressive tax ...
Proponents have filed a California ballot initiative proposing a one-time wealth tax on individuals with more than $1 billion ...
Whether you’ve already filed your tax return or haven’t gotten around to it yet, the deadline to submit your paperwork and pay outstanding taxes is looming. From free filing services and extensions to ...
California has the highest state income tax rate in the nation for the wealthy – 13.3% for incomes of $1 million and above.
A person takes in the scene of large, crashing waves, storm surge, blowing sand and strong, gusty cold wind at the waters edge under the Huntington Beach pier Wednesday, Feb. 22, 2023. (Allen J.
On July 10, 2023, California's governor signed into law Senate Bill 131 which effectively closes a loophole in California's state income tax law for so-called Incomplete Gift Non-Grantor Trusts, which ...
The proposed “2026 Billionaire Tax Act" would impose a one-time 5% tax on California billionaires’ net worth to replace ...