The 'One Big Beautiful Bill Act' by President Trump temporarily raises the SALT deduction limit to $40,000, offering potential tax relief for homeowners. But who stands to gain the most from this ...

Trump's new budget reduces spending for Medicaid— called Medi-Cal in California— by $1 trillion over the next 10 years. Less federal funding for Medi-Cal means California will have to make decisions ...

Debate over President Donald Trump's sweeping budget-and-policy package is over on Capitol Hill. Now the argument goes ...

Businesses typically pass tariff costs onto consumers through higher prices. Sometimes, that process is less subtle.

Overall, the tax department estimates that the state is owed $3 billion in unpaid taxes including three different categories: ...

Zohran Mamdani, a democratic socialist, is a leading candidate for mayor of New York. He wants to tax the rich. Business interests are panicking.

But the celebration comes amid new financial strain. California’s excise tax on legal cannabis recently increased from 15% to ...

New taxes on the wealthy, such as a city income or payroll tax, would likely need changes to state or federal laws.

By The Associated Press President Donald Trump will head to Texas for a firsthand look at the devastation caused by ...

Ventura issued permits for six cannabis dispensaries and three have opened so far. The other three won't open, since their permits expired June 30.

A new $6,000 tax break for Americans aged 65-plus could offer relief, but some may see little benefit. Here’s who will ...

Prosecutors said John Comeau, CEO of Vivid Inc., caused over $1.1 million in lost revenue to the U.S. government.