Business Tax – California Globe

Another $170 Million – EDD Faces Fed Debt Interest Hike

February 29, 2024 2:25 pmFebruary 29, 2024 2:25 pm

On January 1, the interest rate the federal government is charging the state on its more than $20 billion unemployment insurance trust fund debt rose from 1.68% to 2.61%. At first blush, that doesn’t look like too much and the...

Should Last Summer’s Business Tax Hikes Be Curtailed?

January 11, 2021 12:16 pmJanuary 11, 2021 12:19 pm

Last June, the California Legislature passed the Governor’s proposals from his May Revise to raise $9 billion over three years by retroactively suspending the use of net operating losses (NOLs) for individuals and businesses, as well as retroactively capping the...

Core-Mark: California To Texas

September 11, 2018 8:00 amSeptember 12, 2018 10:30 am

Beginning in the early months of 2019, parts of Fort Worth Texas will be welcoming a longtime California company as it settles into a new home. Located just outside of northwest Dallas, convenience store supplier Core-Mark will set up new...