U.S. Treasury Plans Tax Changes to Boost IRS Monitoring of Cryptocurrency UseThe Biden administration is taking steps to ensure Americans who pay for goods or services with cryptocurrencies don’t sidestep the tax man.
Victims Of EDD Bank Of America Debit Card Fraud Could Be Taxed On Benefits They Never ReceivedMillions of Californians who get their EDD unemployment benefits on Bank of America debit cards have lost thousands of dollars in fraudulent transactions. Now KPIX is learning they could get hit with taxes on income they never received.
San Francisco Voters Approve Tax Hikes Targeting Big Business, LandlordsSan Francisco voters concerned about economic disparity have overwhelmingly approved several tax measures targeting landlords and big businesses whose CEOs earn far more than their average workers.
Prop 15 Challenge To CA Property Tax Rules Trailing; Prop 19 Wildfire Tax Break Too Early To CallA ballot measure to partially dismantle California’s longtime system of tying property taxes to the last sales price was trailing narrowly Tuesday with several million votes still to be counted.
Vote Smart: Proposition 15 Targets Commercial, Industrial Properties for More Frequent Tax AssessmentProposition 15 on the Nov. 3 ballot would reassess commercial and industrial properties every three years, while residential property, including home-based businesses, would remain under 1978 rules.
CA Democratic Lawmakers Propose $100 Billion Economic Stimulus PlanDemocrats who control the California State Legislature proposed a $100 billion economic stimulus plan that relies on what they are calling “future tax vouchers.”
Despite Coronavirus Deferments, Californians Get No Pass on Property Tax PaymentsThe coronavirus has delayed income taxes, mortgage payments and evictions in California. But not property taxes.
Napa County Sales Tax For Park Funding Appears To Be Falling ShortMeasure K, a quarter-cent sales and use tax to preserve and maintain Napa County parks and open space, was falling short of the two-thirds vote it needs for approval late Tuesday night.
S.F. Assemblyman's Proposed Bill Clips Tax Breaks for Upscale California HomeownersCalifornia would raise taxes on some homeowners and use the money to pay for homeless services under a bill proposed Thursday by Assemblyman David Chiu (D-S.F.)
California's Feud With Trump Over Medicaid May Shrink State Budget SurplusThe state is bracing for a much smaller budget surplus next year because of its ongoing feud with the Trump administration.
G7: Digital Tax, Wine Tariffs Hot Topics At Trump, Macron Working LunchA French diplomat says President Emmanuel Macron tried to reduce the pressure exerted by U.S. President Donald Trump over a new digital services tax the country is imposing on internet giants.
San Francisco Considers Surcharge On Uber, Lyft RidesUber and Lyft rides could become more expensive in San Francisco, as city officials consider a surcharge on rideshares.
Bay Area Gas Prices Higher Than Anywhere Else In U.S. In AprilBay Area gasoline was more expensive than any place in the country for the month of April, according to new data released Wednesday by the U.S. Bureau of Labor Statistics.
State Lawmakers Eye Billion-Dollar Tax Windfall From New IPOsAt least six California-based companies valued at more than $1 billion are expected to go public this year, creating a new class of millionaires and billionaires and a welcome quandary for the state's budget writers.
System Error To Blame For California Tax Refund Problem For 23,000 ResidentsTax day has come and gone, but thousands of California taxpayers may still have to do a little adjusting due to an error by the state.