San Francisco’s new gross receipts tax, which voters decided to replace the former payroll tax, is going to cost millions of dollars to implement, city officials said.
A new report from the San Francisco City Controller lays out a plan for businesses to switch from a payroll tax to a gross receipts tax.
The California Employment Development Department said Wednesday that about 1.1 million residents will begin losing unemployment extensions at the end of this year if Congress does not extend benefits.
The Bay Area congressional delegation was heading back to the nation’s capitol Monday to vote on a measure to extend a middle class tax cut.
A controversial proposal to give $10,000 payroll tax breaks to San Francisco employers who hire ex-cons goes before the Supervisors’ Budget Committee Wednesday.
Four months after the city enacted a tax exclusion to encourage revitalization of the struggling Mid-Market neighborhood, the first tech company to benefit from the ordinance has moved into its new digs.
Mayor Ed Lee is expected to sign legislation on Friday that would give companies such as Zynga and Yelp a partial tax exclusion on stock options.
After months of negotiations and a controversial tax break, the social networking leaders at Twitter have opted to keep the company in San Francisco,
Oakland Mayor Jean Quan is making it clear – she wants technology firms to consider abandoning San Francisco in favor of Oakland.
The measure passed by the Board of Supervisors 8-3 on Tuesday exempts the microblogging service from paying payroll tax on new hires if it moves to the city’s neglected Mid-Market area.