California cuts inflation relief checks

We all see on the news these days stories of rising prices. When it comes to gasoline, California is often singled out as having some of the highest prices in the nation. After weeks of talks between California Governor Gavin Newsom and California legislative leaders, on June 30 Newsom signed a tax relief package that …

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California Begins Employee Business Expense Audits

California is known for its aggressive audit programs and in August 2015, California Franchise Tax Board (FTB) began a new audit program for taxpayers who deducted unreimbursed employee business expenses on their tax return. The audits will begin with the 2011 and 2012 tax years. FTB said it was taking this action because it has noticed …

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