None. California just has high TAXES. We have the highest sales taxes, the highest state income taxes, and our property taxes are in the top third. Businesses are fleeing California as fast as they can.
The tax advantages for investing in annuities is most have. On your tax return you will recieve credit for having it.
California no longer collects inheritance tax. This law was abolished in June of 1982. Any inheritance received is tax free in this state.
Municipal bonds provide a great investment tool with some tax advantages. This is also a very safe investment with very low risk.
California cities are exempt from paying taxes themselves. However, many cities in California have a city tax that residents must pay in addition to any other taxes. City tax is often added to the state sales tax.
no their is no luxury tax in California anymore.
A California resident working out of state may still owe California state income tax on the income earned while working out of state, depending on the specific circumstances and tax laws. It is important for the individual to understand and comply with both California and the state where they are working to avoid any potential tax issues.
A 401(k) loan provides the opportunity of significant tax advantages. Employer contributions and plan expenses are usually deductible from the business’ earnings. Pre-tax salary contributions and then any earnings are not taxed until withdrawn.
What would tax be on a $289.15 ring in California
California sales tax is currently 6.5%
There are all sorts of taxes in California: income tax sales tax property tax cigarette tax liquor tax estate tax gambling tax and hundreds of others.
The sales tax of California can vary from city to city.
Yes, property tax is deductible in California for state income tax purposes.