The 2019-20 Budget: Increasing Compliance With Unclaimed Property Law

Mar 15, 2019 - Include an Unclaimed Property Question on Businesses’ Tax Forms Most California businesses file income tax returns with the Franchise Tax Board (FTB) each year. Under one option, the Legislature could amend tax law to require businesses to respond to a question about unclaimed property as part of their tax filings.
https://lao.ca.gov/Publications/Report/3978

The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - Based on the recent federal approval of a similar tax in Michigan, federal approval of a reauthorized California MCO tax appears likely. Despite this development, the administration did not propose an extension of the MCO tax in 2019 ‑20, forgoing over $ 1  b illion in General Fund benefit.
https://lao.ca.gov/Publications/Report/3916

Main Types of Disaster Recovery Assistance

Jan 10, 2019 - Tax Relief Income Tax Relief. Under federal law , taxpayers can claim an itemized deductions for property losses that are not reimbursed by insurance and that stem from federally declared disasters. (Prior to 2018, unreimbursed disaster-related losses were generally deductible regardless of whether they were attributable to a federally declared disaster.)
https://lao.ca.gov/Publications/Report/3917

The 2020 Census: Potential Impacts on California

Dec 13, 2018 - Administrative records that the Bureau will use include: tax returns from the Internal Revenue Service, Medicare and Medicaid enrollment information, Supplemental Nutrition Assistance Program records, and property tax and deed data.
https://lao.ca.gov/Publications/Report/3909

Evaluation of the Property Tax Postponement Program

Oct 8, 2018 - Each property owner ’s annual property tax bill is determined by multiplying the taxable value of her property by her tax rate. (As such, the property tax is an ad valorem tax because it is based on the value of the home.)
https://lao.ca.gov/Publications/Report/3885

Evaluation of the Property Tax Postponement Program [Publication Details]

Oct 8, 2018 - Evaluation of the Property Tax Postponement Program [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/3885

The 2018-19 Budget: The May Revision—California State Payroll System

May 14, 2018 - State employees cannot currently view their own data on payroll, employment history, leave balances, and tax information online. Instead, SCO prints and distributes paper checks, direct deposit advices, and W-2s.
https://lao.ca.gov/Publications/Report/3836

The 2018-19 Budget: The May Revision—Funding to Address Homelessness

May 12, 2018 - The program authorizes the issuance of bonds backed by personal income tax revenues raised under the Mental Health Services Act (Proposition  63 of 2004). Before these bonds can be issued, the state must complete a validation process whereby the courts determine whether issuance of the bonds is legal.
https://lao.ca.gov/Publications/Report/3831

Voter Requirements for Local Taxes [Publication Details]

Mar 7, 2018 - Voter Requirements for Local Taxes [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/3773

The 2018-19 Budget: Department of General Services

Feb 20, 2018 - The proposed tenants of the new building include the California Department of Tax and Fee Administration (CDTFA); the Board of Equal ization (BOE); and various departments within the Business, Consumer Services, and Housing Agency (such as the Department of Consumer Affairs).
https://lao.ca.gov/Publications/Report/3758