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tax

    Assembly Wilk Fights Against The Hidden Tax Increase

    Assemblyman Scott Wilk (R- Santa Clarita) made an effort to convince Governor Brown to stop the California Air Resources Board from extending a program to transport fuels in hopes of stopping the gas tax increase beginning Jan. 1, officials said.

    Saugus Union OKs $148M Bond Measure For November Ballot

    Santa Clarita Valley voters will get a chance to decide in November if they support a $148 million bond measure to upgrade Saugus Union elementary schools

    Newhall County Water District, Castaic Lake Water Agency Continue Battle

    A Los Angeles Superior Court Judge ruled Thursday that Castaic Lake Water Agency must revoke their wholesale water structure rate put in place last July, Newhall County Water District officials said in a press release Friday.

    California Competes Tax Credit Will Aid Those Who Do Business In State

    The California Competes Tax Credit will benefit those who keep businesses in the state and offers a unique multi-phased process.

    California State Board Of Equalization Passes New Gas Tax, 3-2 Vote

    The California State Board of Equalization (BOE) passed a new gas tax with a 3-2 vote Thursday that raises the excise tax on gasoline another 3.5 cents effective Jul. 1.

    In March 2010, Governor Arnold Schwarzenegger signed two fuel tax measures (ABX8 6 and SB 70) which adjusted the rates of the sales and excise tax on gasoline that would help close a gap and balance the budget in 2010.

    “This tax swap was the only way that they could take the money from the road fund to try and balance the budget in 2010,” said George Runner, Member of the State Board of Equalization.

    Santa Clarita City Council Protests Additional Half Million Dollar Tax

    The Santa Clarita Valley City Council wants those against a potential half a million dollar tax on the city to attend the Los Angeles Board of Supervisors meeting Tuesday.

    The City Council voted unanimously against the Clean Water, Clean Beaches Measure proposed by the Los Angeles County Flood Control District during their last meeting.

    The measure would cost Santa Clarita about $461,000, on top of a similar tax we already pay.

    IRS Plans January 30 Tax Season Opening For 1040 Filers

    Michael L. Green

    Good news on the horizon for tax filers. According to the IRS, following the long awaited January tax law changes made by Congress under the American Taxpayer Relief Act (ATRA), the Internal Revenue Service announced the opening of the 2013 filing season and begin processing individual income tax returns on January 30.