California’s mileage tax pilot began in 2014. In 2026, it’s still “studying.” AB 1421 extends it to 2035—proof that ...

There are two sources of income tax audits in California: those initiated by the State of California Franchise Tax Board (FTB) and those based on audits conducted by another agency, such as the IRS.

We have a situation in California where there’s not only a state budget deficit, but all the cities and counties are under pressure because of pension obligations and liability judgements,” said Susan ...

While supporters argue California’s controversial wealth tax would rake in tens of billions of dollars in revenue, the state’s own Attorney General Rob Bonta is making sure voters understand that the ...

A proposed billionaire wealth tax in California is sparking debate over whether the measure, if passed, would lead to more harm than good if ultrawealthy residents in the state flee to other locales.

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. If you run a business outside of California, you might not think ...

On October 22, 2025, a ballot initiative titled the “2026 Billionaire Tax Act” was filed with the California Attorney General. An amendment to the initiative was filed on November 26, 2025. The ...

A new bill would impose a 50% tax on the detention contract revenues of companies that run immigration jails for the federal ...

While supporters argue California’s controversial wealth tax would rake in tens of billions of dollars in revenue, the state’s own Attorney General Rob Bonta is making sure voters understand that the ...

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