Several changes from the One Big Beautiful Bill take effect this year — and they could affect how much you owe, the IRS said.

California employers might be surprised by some important nuances in the “No Tax on Overtime” rules that rolled out nationwide last year and ...

Critics of California's proposed billionaire tax say similar measures in Europe failed. Backers of the measure say they took ...

The plan returns to a city council committee Wednesday, with the goal of presenting the proposed $8,000 tax to voters later this year.

Advocates urge Newsom and legislators to raise taxes on the wealthy to offset federal cuts while critics warn rising deficits ...

Advisers recommend leaving breadcrumbs, like a ‘we’ve moved’ note on the Christmas card, and you really do have to quit the ...

California’s proposed “2026 Billionaire Tax Act” would impose a one-time tax on residents with a net worth of over $1 billion ...

If you aren’t careful, you can end up with an audit from California’s tough Franchise Tax Board (FTB). Some people who exit ...

The proposed wealth tax may end up lowering tax revenue for California by driving billionaires out of the state.

Venture capitalist Chamath Palihapitiya says California’s proposed billionaire tax is accelerating an exodus of ultra-wealthy residents, a shift he argues will worsen and not solve the state’s budget ...

California voters might soon be asked to consider a wealth tax, which might sound like a good idea, but it’s not. Seriously, it’s not. Fueled by the self interest of Service Employees International ...

If you earn more than $150,000 a year, you're firmly in the upper tier of U.S. income earners, but that doesn't automatically mean you're being crushed by taxes. What does change at this level is ...