Fresno County Keeps Williamson Act Tax Break…For Now
From the Fresno Bee: Fresno County supervisors agreed Tuesday to preserve a longtime tax benefit for farmers, even as the benefit is costing the county [...]
Amazon Sales Tax Loophole? When your purchase will NOT have sales tax withheld
On Saturday, September 15th, pursuant to an agreement reached with the Board of Equalization and State politicians, Amazon.com will begin to collect CA sales tax [...]
Tax Court Rejects The “TurboTax” Defense
In an argument that reminds me of Tim Geithner's painful Senate hearings, a taxpayer claimed that her failure to account for all of her taxable [...]
Brown’s Plan to Stem CA Public Pension Costs Not Sufficient
From the LA Times regarding Gov. Jerry Brown's newly released plan to reduce public sector pension costs:Even by the most ambitious forecasts, the plan Gov. [...]
Draft Form 706 Released–Includes “Check the Box” Feature to Opt Out of Portability
From Bloomberg News:IRS releases a draft version of the 2012 Form 706, United States Estate (and Generation-Skipping Transfer) Tax Return, that for the first time [...]
Homeowners See Jump in Property Taxes–what happened to prop 13?
Many California homeowners, while owning properties worth less than what they paid for, are at least getting some benefit by paying lower property taxes.While many [...]