The increased tax rate is expected to generate about $1.5 million in additional revenue a year for the city.
Environmental and education advocates have proposed a new measure that would tax oil and gas extracted in California to fund education programs in the state.
A handful of Bay Area post offices will stay open late Monday to allow last minute tax filers to turn in their paperwork.
It’s hard to think there’s anything funny about taxes when you’re under a mountain of paperwork, but CBS News contributor and analyst Mellody Hobson has a little comic relief for taxpayers.
Depending on where you shop and what type of purchase you plan to make in the near future, you may feel the impact on your wallet – or not.
It’s time to talk taxes: 1099 forms have gone out and you should be organizing your paperwork and getting ready to pay the taxman.
The odds of an audit can increase substantially depending on your income, types of income, deduction amount and changes you have made since filing your last tax return.
Most tax filers are getting a refund after they file their 2012 return. With the average refund running about $3,000, a lot of people will be thinking about what to do with the extra cash.
The IRS expects that 75 percent of all 2012 returns will be entitled to a refund, so if you haven’t started preparing your taxes yet, do it: There’s no reason to wait for April 15 to roll around to get that money back from Uncle Sam.