Category Archives: California

Nissan to California: It’s Too Expensive There

Posted on November 11, 2005 by Russ

Nissan Motor Company will move its US headquarters from Gardena (suburban Los Angeles) to Williamson County, Tennessee (suburban Nashville) in order to save money. Nissan CEO Carlos Ghosn noted, “The costs of doing business in Southern California are much higher … Continue reading →

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Vote Early but Not Often

Posted on November 8, 2005 by Russ

…unless you live in Chicago (well, there’s no election in Illinois on Tuesday). Californians will go to the polls on Tuesday to decide several propositions. There are also some local ballot initiatives. Here in Orange County, we have Propositions B, … Continue reading →

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Saving Tax Returns, California-Style

Posted on October 25, 2005 by Russ

California currently has a four-year statute of limitations on income taxes, but no statute of limitations on collections of tax monies. As we previously noted, the Franchise Tax Board earlier this year sent out notices to taxpayers—asking for payments on … Continue reading →

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Vote Early and Often

Posted on October 15, 2005 by Russ

In just a few weeks, California voters will go to the polls to decide several key propositions. Among these are two that definitely could impact taxes: Propositions 76 and 77. Proposition 76 would impact California budgeting system. State spending would … Continue reading →

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California Conforms, Sort Of

Posted on October 11, 2005 by Russ

The Federal Tax Code is complicated enough. As a practicing tax professional in California, it would be nice if California conformed to the Federal Code. On Friday, Governor Schwarzenegger signed AB 115, putting California into conformity with more of the … Continue reading →

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Flavored Malt Beverages and California

Posted on September 7, 2005 by Russ

Malt liquors (and other malt beverages) have a higher alcohol content than standard beer (usually 5.5% or higher for malt beverages versus 3.5% for beer). That’s a fact. Recently, flavored malt beverages such as Mike’s Hard Lemonade have been introduced … Continue reading →

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LA Times: Let’s Increase Taxes (aka The Help Nevada, Oregon & Arizona Act)

Posted on August 29, 2005 by Russ

George Skelton of the Los Angeles Times today says, “There’s a gleaming pot of gold within easy grasp of the governor and Legislature that would help them balance the state’s deficit-ridden books…It is an income tax increase on the wealthiest … Continue reading →

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Money for Nothing

Posted on August 25, 2005 by Russ

Ah, to live and breathe the fine air of the Golden State. Of course, we’re also known as the state with one of the highest (and probably soon to be the highest) personal income tax rates in the United States. … Continue reading →

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The Bronze State?

Posted on August 19, 2005 by Russ

California continues to lose some of its luster. As reported by the TaxProf Blog, California athletes leave for brighter, er, cheaper (on a tax basis) pastures. For those who don’t remember, Californians passed Proposition 63 last November. This proposition added … Continue reading →

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Your Tax Dollars at Work: Spiritual Counselor for Sewage

Posted on July 21, 2005 by Russ

Luckily, I’m not served by the Orange County Sanitation District (OCSD). That’s because the Orange County Register disclosed that the OCSD has been paying a “spiritual counselor” $15,000 per month (or $180,000 per year). The Register reported on July 12th … Continue reading →

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