A corporate tax policy that costs California billions in lost revenue each year could be eliminated as the state struggles to resolve a budget deficit.

While both bills seek to expand the “zero tax bracket,” the report found that they do so through different mechanisms, ...

California voters could see a new billionaire wealth tax initiative on the November 2026 ballot. If enacted, the statewide ...

From April 1, 2026, new Income-tax Rules will change how salary perks, employer housing, car benefits, loans and gifts are taxed. The draft rules also clarify limits on free meals, retirement fund ...