‘Fallout,’ More ‘Mr. & Mrs. Smith’ & ‘Forever’ Among Latest California TV Tax Credits Winners As State Awards $313M To 17 Shows

With big bucks for Fallout, The Night Agent moving out West, & more, California handed out hundreds of millions in tax ...
Seeking Alpha

MUC: May Only Be Suitable For The Highest-Income California Taxpayers

BlackRock MuniHoldings California Quality Fund offers tax-free income for California residents but relies heavily on return of capital in its distributions. MUC invests in long-duration, high-credit ...
ABC7

California union proposes taxing billionaires to offset Medicaid cuts

SACRAMENTO, Calif. -- A major union announced a proposal Thursday to impose a one-time 5% tax on billionaires in California to address federal funding cuts to health care for low-income people.
Merced Sun-Star

Four CA cities among top 10 where incomes are growing the fastest. Which ones?

Four California cities rank among the top 10 where incomes are growing the fastest, according to a new study. Photo by Jakub Żerdzicki via Unsplash During a time period when the average U.S. household ...
USA Today

New IRS form lets taxpayers claim 2025 deductions on tips, overtime pay, car loan interest

IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...
The Desert Sun

California’s marijuana industry gets a break under new law suspending tax hike

This story was originally published by CalMatters. Sign up for their newsletters. Gov. Gavin Newsom on Monday signed a bill to roll back taxes on recreational weed in an effort to give some relief to ...
Carscoops

California Won’t Replace $7,500 EV Tax Credit as Newsom Accuses GM of Selling Out

No state buys more electric vehicles than California, but some drivers might now think twice after Governor Gavin Newsom confirmed he won’t offer financial incentives to replace the soon-to-disappear ...
Bloomberg L.P.

California Won’t Replace Expiring $7,500 Federal EV Tax Credit

California will not backfill a $7,500 federal tax credit for buyers of electric vehicles that is set to expire this month, Governor Gavin Newsom said on Friday, reversing an earlier pledge to restart ...
Inland Valley Daily Bulletin

For 15% of California homeowners costs exceed half of income

Here is yet another way to look at the financial challenges of California homeownership: Recurring costs eat up more than half of household income for roughly 1 in 6 owners statewide. My trusty ...
Orange County Register

For 27% of California tenants, rent is more than half their income

We don’t spend enough time discussing the financial burden renters face, such as housing expenses eating up more than half of the incomes of roughly 1-in-4 California tenants. My trusty spreadsheet ...
futbolete

California Is Sending New Income Tax Refunds in September: you are elegible?

Millions of California taxpayers are waiting for their income tax refund checks, which have been sent out for weeks by the California Department of Revenue – Franchise Tax Board (FTB). This agency is ...
ABC7

California, Washington and Oregon governors form health alliance in rebuke of Trump administration

SEATTLE -- The Democratic governors of Washington, Oregon and California announced Wednesday that they created an alliance to safeguard health policies, believing the Trump administration is putting ...