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California Tax Table Form

California Tax Table Form

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time now for dollars and cents January is usually filled with new laws and that can include new changes to your taxes you've likely seen headlines talking about California's new income tax rate now at a staggering 14.4% we all know living in California isn't cheap so I talked with a tax expert to understand what this new rate is all about and who it exactly impacts and he has some good news for most of you taxpayers out there that 14 per rate is a combination of a few factors flaminius Ching a certified public accountant in El Grove says as interesting and shocking the 14.4% tax is this rate won't apply to the majority of taxpayers in California for those that have incomes above $154,000 they will certainly fill the pain of an additional 1.1% on all the income that they generate Beyond 15 $54,000 why the change back in 2022 Governor Gavin Newsome signed Senate Bill 951 to increase access to family and disability leave benefits saying in part quote to ens

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