The ITAT found the AO's valuation incorrect, emphasizing that FMV must be determined on the date of transfer, leading to the restoration of the long-term capital loss for the ...
California's analyst office warns AI-driven tax windfalls may prove temporary as an $18 billion budget gap and structural ...
Moving ahead in forming a budget while knowing the financial challenges the state faces is imperative, the Legislative Analyst's Office said.
The indictment of Gov. Gavin Newsom’s former chief of staff shocked many power players in California. Now, some wonder how ...
California has never spent more state money on TK-12 students — more than double per student over the past dozen years.