tax deductions Archives - California Globe

New Bill Aims for Federal Tax Conformity

February 17, 2021 2:15 pmFebruary 17, 2021 2:24 pm

On February 16, Assemblyman Eduardo Garcia (D-Coachella) introduced Assembly Bill 708 related to federal tax conformity. The bill would amend Sections 17131.8 and 24308.6 of the Revenue and Taxation Code. As an urgency measure, it would take effect immediately once...

Job Killers: Business Tax Increases Pending Passage by CA Legislature

June 11, 2019 7:40 amJune 11, 2019 7:48 am

Chris Micheli posted a list of pending tax legislation of particular interest to the California business community. These bills are continuing through the legislative process, awaiting passage. Some of these bills are on the Cal Chamber Job Killer list. “These...