A tax audit is no fun, so monitoring how long you can be audited is wise. The IRS usually has 3 years, but California gets 4 ...

Californians will decide this November whether to impose a historic one-time wealth tax on billionaires. If proponents are successful, they hope to launch similar efforts across the country that would ...

California's billionaire tax may impact only 200 people. But could it's reach be much further, impacting tax compliance and ...

Two candidates from opposite parties have announced proposals to do away with the state’s tax on restaurant meals and other ...

SACRAMENTO, California — California tax officials have spent decades pursuing wealthy residents who claim they’ve moved out ...

The California Franchise Tax Board says Oct. 15, 2026, is the final deadline to file 2025 state personal income tax returns ...

Not every California billionaire opposes Proposition 40. In January, Nvidia’s chief executive, Jensen Huang, whose net worth ...

The Franchise Tax Board (FTB) reminds taxpayers that Thursday, October 15, 2026, is the final deadline to file their 2025 state personal income tax returns. “Every dollar matters for families working ...

Proposition 40 has been widely labeled a “billionaire tax,” and the label is accurate: as drafted, the tax would apply only ...

California’s proposed wealth tax, Proposition 40, would impose a one-time 5% tax on the total net worth of any Californian ...

California's proposed billionaire tax could trigger legal disputes over retroactivity, residency and asset valuations, while increasing scrutiny of taxpayers who move out of state and raising broader ...

The California Governor signed a law that includes providing the Franchise Tax Board (FTB) with the discretion to maintain the state income tax-exempt status of an I.R.C. §501(c)(3) nonprofit whose ...