2015 California Tax Rates and Exemptions

Rate of inflation The rate of inflation in California, for the period from July 1, 2014, through June 30, 2015, was 1.3%. The 2015 personal income tax brackets are indexed by this amount. Corporate tax rates Entity type Tax rate Corporations other than banks and financials 8.84% Banks and financials 10.84% Alternative Minimum Tax (AMT) […]

2015 California 540 Tax Forms – Personal Income Tax

540 Form 2015 California Resident Income Tax Return (Fill-in & Save) 540 Instructions 2015 Instructions for 540 Form, California Resident Income Tax Returns 540 Tax Table 2015 Tax Table for 540 Tax Return 540-2EZ Instructions 2015 Instructions for 540-2EZ Form, California Resident Income Tax Return 540-2EZ Tax Table 2015 Tax Table for 540-2EZ Tax Return […]

2016 IRS Standard Mileage Rates

Beginning on Jan. 1, 2016, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 54 cents per mile for business miles driven, down from 57.5 cents for 2015 19 cents per mile driven for medical or moving purposes, down from 23 cents for 2015 14 cents […]

California Income Tax 2014

2014 California 540  Tax Forms – Personal Income Tax On this page you will find: –  Forms 540  (California Resident Income Tax Return) and instructions how to fill this forms. – California Nonresident or Part-Year Resident Income Tax Return – Amended Individual Income Tax Return -Estimated Tax for Individuals California State Individual Income Tax Forms […]

California State and Federal Income Tax Forms

California State Income Tax Forms 2014 California 540 Tax Forms – Personal Income Tax 540 Form – 2014 California Residents 540-2EZ Form– 2014 California Resident 540-NR Form (Long) – CA part-year or nonresident 540-ES Form– 2014 estimated tax More California State  tax forms and publications Federal Forms Form W-4 – 2015 Employee’s Withholding Allowance Certificate Form […]

2014 California Tax Rates and Exemptions

The rate of inflation in California, for the period from July 1, 2013, through June 30, 2014, was 2.2%. The 2014 personal income tax brackets are indexed by this amount. Corporate tax rates Entity type Tax rate Corporations other than banks and financials 8.84% Banks and financials 10.84% Alternative Minimum Tax (AMT) rate 6.65% S […]

Maximum Standard Automobile Cost (2015)

For purposes of computing the allowance under a FAVR plan, the standard automobile cost may not exceed $28,200 for automobiles (excluding trucks and vans) or $30,800 for trucks and vans. Source Section 6.02(6) of Rev.Proc. 2010-51. .02 Computing a FAVR allowance. (1) FAVR allowance. A FAVR allowance includes periodic fixed payments and periodic variable payments. […]

2014 California 540 Tax Forms – Personal Income Tax

540 Form 2014 California Resident Income Tax Return (Fill-in & Save) 540 Instructions 2014 Instructions for 540 Form, California Resident Income Tax Returns 540 Tax Table 2014 Tax Table for 540 Tax Return 540-2EZ Form 2014 California Resident Income Tax Return (Fill-in with math features & save) 540-2EZ Instructions 2014 Instructions for 540-2EZ Form, California […]

2015 Pension Plan Limitations

The Internal Revenue Service today announced cost‑of‑living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2015. Many of the pension plan limitations will change for 2015 because the increase in the cost-of-living index met the statutory thresholds that trigger their adjustment. However, other limitations will remain unchanged because the increase […]