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California Tax Revenue Surge in 2025 Fueled by Tech and AI Boom, Experts Warn It May Not Last

California’s tax revenues are projected to hit record levels in 2025, largely driven by the booming technology and artificial intelligence sectors. According to fiscal analysts, the surge reflects higher corporate earnings, stock-option gains, and increased payroll taxes from tech companies expanding their workforce in the state. While this revenue increase offers short-term relief for state […]

New Report Highlights Growing Concerns Over California’s Rising Regulatory Burden

A new economic analysis reveals that California’s expanding regulatory requirements are driving up compliance costs for businesses, with small and mid-sized employers hit hardest. Experts warn that rising regulatory burdens could accelerate business relocations and slow the state’s economic growth.

California SB 711 Brings State Tax Code in Line with 2025 Federal Rules

California’s tax code has officially caught up with the federal government. With the enactment of Senate Bill 711 (SB 711), the state’s tax rules now align with the 2025 Internal Revenue Code (IRC), affecting both individual and business taxpayers as the 2025 filing season approaches. The update represents the first comprehensive alignment in over a […]

California Faces Growing Budget Shortfall as Revenue Falls and Spending Climbs

A new fiscal report shows California facing a widening budget shortfall as tax revenue declines and state spending continues to rise, raising concerns about long-term financial stability and the future burden on taxpayers.

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California Tax Revenue Surge in 2025 Fueled by Tech and AI Boom, Experts Warn It May Not Last

California’s tax revenues are projected to hit record levels in 2025, largely driven by the booming technology and artificial intelligence sectors. According to fiscal analysts, the surge reflects higher corporate earnings, stock-option gains, and increased payroll taxes from tech companies expanding their workforce in the state. While this revenue increase offers short-term relief for state […]