But the bill does not eliminate taxes on Social Security for everyone, as President Donald Trump had promised. Nor does it change how those benefits are taxed. And the law’s changes affecting seniors ...

Overall, the tax department estimates that the state is owed $3 billion in unpaid taxes including three different categories.

When it comes time for a business owner to transition or sell their business, taxes tend to be one of the most important ...

The flaw in eat-the-rich policies is that the wealthy are among the most mobile residents. They don't have to stay and pay. They can go to more tax friendly states, and they are.

A new $6,000 tax break for Americans aged 65-plus could offer relief, but some may see little benefit. Here’s who will ...

If you work in two or more states, you may need to file multiple state tax returns. So, how do you know whether you’re required to file in different states? 5 Times You May Need To File Taxes in ...

Under the bill, the SALT cap temporarily increases to $40,000 per year, so long as your annual income does not exceed ...

Highlights  California is revamping their Film and Television Tax Credit Program to better compete with other domestic and ...

These could be borne by the state out of taxes (rather than try to turn the electricity bill into a form of income tax). Low-income assistance: California has the most generous low-income electricity ...

A new law is taking effect in the Golden State this month. Californians can now purchase diapers and sanitary napkins without paying taxes.

Officials stated that veterans and qualifying military families are going to be able to claim this exclusion when filing their 2025 California state income tax returns.

The budget reduces the top state income tax bracket from 3.5% to 3.125% for tax year 2025, further decreasing to 2.75% for 2026 and beyond.