This past year has been a year of change for many. Between the recession, job losses, and massive federal and state law changes, it has proved to be a trying year.
There isn't much better news for 2010 either. Both the IRS and the State of California have changed the tax tables used to withhold from payroll checks, which means YOU COULD OWE AT THE END OF YEAR.
The state of California struggled last year. Governor Schwarzenegger vetoed all potential new laws and
extensions of old laws in December. These could have helped California residents and small businesses. This includes but is not limited to conforming to all new and some old Federal tax changes.
There is a rumor that both the US Treasury and the State of California tax rates will go up more in 2011.
The next few pages on my site will give you more information related to the following:
