The California Franchise Tax Board is alerting taxpayers and tax professionals to recent updates to the United States Postal Service transportation procedures that may affect postmark dates on ...

It's almost that time of year again, tax season. Although it's a good idea to start collecting the forms needed to file one's taxes, it's important to first learn which tax credits are available to ...

The Billionaire Tax Act would impose a one-time tax of 5% on the total wealth of California tax residents whose net worth is $1 billion or more. The proposed wealth tax would apply to those who are ...

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In California, where people usually flock to make their dreams come true, Democratic lawmakers are considering a bill that would punish the people who helped make the state an economic juggernaut. If ...

California’s latest attempt to tax the ultrawealthy is raising fresh questions about economic fairness and possible unintended consequences, which critics say could hurt the rich and vibrant ...

Billionaire hedge fund manager Bill Ackman has blasted California’s proposed wealth tax as a potential government seizure of private property, arguing such taxes have failed everywhere they have been ...

The Washington Post's editorial board is warning California that aggressive new taxes on the ultra-wealthy could backfire by driving billionaires out of the state. In an editorial published Thursday ...

THE 2024 PRESIDENTIAL ELECTION, WITH THE THREAT OF A PROPOSED TAX ON BILLIONAIRES HERE IN CALIFORNIA, SOME OF THE STATE’S RICHEST RESIDENTS SAY THAT THEY’RE TAKING THEIR BUSINESSES NOW TO OTHER STATES ...

Billionaire Peter Thiel isn’t playing over a controversial billionaire tax plan that’s seen some of California’s richest people packing their bags. Thiel Capital, the PayPal co-founder’s investment ...

California remains one of the United States’ most influential crypto hubs. It is home to major firms like Coinbase, Ripple, and OpenSea. The state government has shown openness to blockchain ...