IRS Form 708 is here. 40% Tax on Gifts & Bequests from Covered Expatriates (former citizens and green card holders). Transfer ...

If you aren’t careful, you can end up with an audit from California’s tough Franchise Tax Board (FTB). Some people who exit ...

A man was arrested Wednesday in connection with a fatal 2021 shooting on Acacia Avenue, according to the Kern County Sheriff’s Office. Arthur Amire Flores, 23, ...

Do you know what a W-2 form — officially termed Form W-2 by the IRS — actually is? According to the Tax Foundation, a majority of tax filers are unaware of basic tax concepts and requirements for ...

Among the many ultra-wealthy Americans denouncing California’s proposed tax on billionaires, Peter Thiel has already been spurred to action. The PayPal and Palantir co-founder is setting up an office ...

California could be saying bye-bye to billions in tax revenue if voters approve a controversial wealth tax on the state’s roughly 200 billionaires. Ultra-wealthy taxpayers are actively making plans to ...

The program, as constructed, is essentially a subscription service that requires you to self-report your usage. Californians will have to report their mileage and be billed per mile every month. KMPH ...

California’s tax climate ranks near the bottom among all 50 states, according to a new State Tax Competitive Tax Index by the Tax Foundation. California ranks 48th, ahead of only New Jersey and New ...

California’s wealthiest residents could face a one-time 5% tax on their net worth under a new proposal aimed at replacing billions of dollars in federal funding cuts to healthcare. The measure – ...

SACRAMENTO — A major union announced a proposal Thursday to impose a one-time 5% tax on billionaires in California to address federal funding cuts to health care for low-income people. Related ...

A video obtained by Politico and released Wednesday shows California Democratic gubernatorial candidate Katie Porter berating a staffer during a 2021 video call after stepping into her shot. In the ...