FTB – California Globe

Refunds and Overpayments under the UI Code

September 28, 2024 2:30 amSeptember 28, 2024 2:31 am

Refunds and overpayments are addressed in the California Unemployment Insurance Code in Division 1, Part 1, Chapter 4, Article 9. Section 1176 states that the wages received by an employee during any calendar year exceed the remuneration upon which contributions...

Franchise Tax Board To Take Back $360 Million In Unclaimed Middle Class Tax Refund Money Next Week

May 25, 2024 2:55 amMay 25, 2024 2:56 am

The California Franchise Tax Board (FTB) prepared for over $360 million dollars to be reverted back to the State General Fund from the Better For Families Tax Refund Fund this week as much of the Middle Class Tax Refund money...

California ‘Inflation Relief’ Checks Will Go Out Later This Week

October 4, 2022 2:30 amOctober 3, 2022 8:17 pm

This week, the first inflation relief checks for Californians, known as the Middle Class Tax Refund, are to be sent out. During the spring and summer, the Governor and state legislators butted heads on how to best hand out the...

Bill To End Tax-Exempt Status For ‘Insurrectionist’ Non-Profits Vetoed By Gov. Newsom

September 23, 2022 12:52 pm

A bill to end state tax-exempt status for nonprofit organizations that “participate in or incite efforts to overthrow the United States government or any state government” was vetoed by Governor Newsom on Thursday following polarizing votes in both houses of...

SEIU Labor Union Leader Resigns Following Embezzlement, Tax Fraud Charges

October 14, 2021 2:17 amApril 3, 2022 7:58 am

On Wednesday, Alma Hernandez, the Executive Director for Service Employees International Union (SEIU), the largest labor union in California resigned after her and her husband, Jose Moscoso, were charged by California Attorney General Rob Bonta on numerous embezzlement and tax...

California Tax Board Prepares For Release of Golden State Stimulus II Payments

August 25, 2021 4:01 pmAugust 26, 2021 11:37 am

The California Franchise Tax Board updated their website on Wednesday in preparation for California’s largest stimulus program in history, the Golden State Stimulus II, to begin disbursement next week. Golden State Stimulus II was first proposed in May when Governor...

Statewide Universal Basic Income Bill Passes Assembly Committee With Funding Source Unclear

April 27, 2021 2:48 pmApril 28, 2021 2:49 pm

A bill that would give most Californians over the age of 18 $1,000 a month, costing the state between $67-129 billion a year, was passed in the Assembly Revenue and Taxation Committee on Monday. According to Assembly Bill 65, authored...