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The California Office of Tax Appeals (OTA) held a California resident was not entitled to claim an other state tax credit (OSTC) for taxes paid to Massachusetts because gain from the...
One of the key principles in legislative drafting is consistency in language, including definitions. In looking at who is a business, there lacks the same
On August 26, Assembly Bill 158 by the Assembly Committee on Budget was gutted-and-amended to deal with tax relief. The bill would amend Sections
The California Court of Appeal held a nonresident S corporation shareholder’s pro rata share of gain on the sale of goodwill classified as business income by the S corporation has a...
Orange County's unsecured property low value exemption has steadily increased since 2011, when it was $1,350.