Category Archives: California

Third Quarter Estimated Tax Payments Due Today

Third quarter estimated tax payments are due on September 15th. If you make estimated tax payments, make sure you have either mailed your payment in today (using certified mail, return receipt requested) or by paying electronically using EFTPS or your … Continue reading

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Dear John, er, California

Back when California passed the Amazon tax, I noted: Additionally, it’s likely that large affiliates may relocate out of California to another state so that they can maintain their status. That will exacerbate the hit to California. Well, while the … Continue reading

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California Collections Improve in August

California revenues slightly surpassed budgeted amounts in August. Revenues were ahead of plan by $134.9 million. For the 2011-2012 fiscal year, revenues remain $403.8 million below estimates. The good news, though is just slight. The budget counted on $4 billion … Continue reading

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Amazon and California Legislators Strike a Deal

Yesterday, Amazon.com and key California legislative leaders of both parties struck a deal. Assuming this deal passes the state legislature and is signed by Governor Brown, Amazon.com will begin collecting sales tax in California on September 12, 2012. However, if … Continue reading

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The Shipment of California Jobs to Texas — What can be Done?

Back in April, Herman Bouma, an attorney with Buchanan Ingersoll & Rooney PC in Washington, DC, penned this prediction: May 2, 2011. This just in: Concerned about the shipment of California jobs to Texas, the California State Legislature today passed … Continue reading

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Perhaps $1 Million a Rider

How many individuals want to ride high-speed rail through California’s Central Valley? That’s not an academic question, as that will be the first leg of the line built by the California High-Speed Authority. The line will run from Shafter (population … Continue reading

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California Revenues Below Expectations; State Likely Looking at a $5 Billion Deficit

I’m shocked, just shocked to find out that the Bronze Golden State is already falling behind on collections. That was sarcasm, of course. In June, California collections were $350 million below the budgeted amount. In July, they were $539 million … Continue reading

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While I Was Out…

…Nothing much happened, right? (I’m ignoring that AAA/AA+ thing, of course.) The IRS announced that Form 8939 for estates for 2010 will be due on November 15th. However, the form has yet to be released. Joe Kristan noted that the … Continue reading

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Speaking of California’s Use Tax…

A couple posts ago, I reported on the Board of Equalization having a Use Tax Table available for next year’s filing season. An article in today’s Orange County Register reminded me how California regulations hurt small businesses and bring in … Continue reading

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The FTB Would Like Some Help from California Tax Professionals

If you’re a tax professional in California, the Franchise Tax Board is asking for some help to improve their website. We need tax professionals’ help to test webpages and online applications (such as MyFTB Account) and provide feedback to us. … Continue reading

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