CA School District Borrows $100M, Will Pay Back $1B.
In a transaction that makes a pay day loan look frugal, a California School district borrowed $105 million over 40 years by selling "a bond so unusual that the State [...]
Williamson Act Threatened in Fresno County
The Williamson Act, a unique property tax provision which allows certain farmlands to have a tax assessed value even less than their proposition 13 assessed value, will be cut back, [...]
Gift Tax Appraisers–The Potential Bottleneck For Year End Gifts
Currently, federal law provides a lifetime gift tax exemption of $5.12 million, per person. If Congress takes no action, beginning 2013, the exemption will drop to just $1 million.Because of [...]
CA Tax For Mentally Ill Being Used for Zumba Classes and Much More
http://blogs.laweekly.com/informer/2012/07/california_tax_for_mentally_ill_massage_chairs_zumba_socal.php
CA State Slush Funds Flush With Cash
As California politicians begin begging for increased tax revenues, Usually out of the spotlight, special funds make up one-fourth of all state spending and are now receiving rare scrutiny and [...]