The next Wednesday April 1st sales taxes in California, will increase in 1 percent, this increment is designated to alleviate the state budget crisis. And in July 1 an additional half percent hike for transportation projects, approved by voters the last November.
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Tax Deduction For Small Businesses
There are common and legal taxes deductions for your small business, here you will find a list of the most common. Home Office, Furniture, Supplies, Cost of doing business, Software and subscriptions, Equipment, Transport, Insurance, Retirement Contribution, Social Security, Child Labor and Others (meals, travel, gifts, etc.)