IRS Encourages Workers to Get a “Paycheck Checkup”
Following major tax reform in December 2017, the Internal Revenue Service (IRS) is asking employers to remind workers that a “paycheck checkup” might be...
Federal Tax Reform Means More Business Taxes for California
California’s corporate tax base may increase by up to 12% as a result of federal tax reform legislation, according to a study recently released by...
U.S., State Economic Stability Contrasts with Turmoil on Social, Political Fronts
An array of evidence points to the fact that the California economy has been humming along nicely, and that is expected to continue in...
U.S. Commerce Report: California Maintains Position as Top Exporting State
The U.S. Department of Commerce now has 2017 trade statistics available through the International Trade Administration’s (ITA) “Trade Stats Express.”
In 2017, California exported $171.9...
IRS, FBI Warn Employers to Beware of W-2 Phishing Scam
The Internal Revenue Service (IRS) and the Federal Bureau of Investigation (FBI) recently warned payroll and human resources professionals of a dangerous Form W-2...
Seven Ballot Initiatives Threaten Business Climate
Voters may face as many as seven ballot measures damaging to California’s business and political climate in November. Any one of these measures should...
CalChamber, Linked Learning Alliance Launch New Network
The California Chamber of Commerce and the Linked Learning Alliance have launched a new California network of employer associations committed to advancing youth opportunities...
Timely Economic Analysis of Major Regs Upheld in Unanimous Appeal Court Ruling
State agencies must take seriously the requirement to conduct a timely, accurate economic analysis of major regulations, according to a just-released opinion by the...
Coalition Stops Proposal to Force Trade Secret Reveals
The California Chamber of Commerce and a broad coalition of associations have blocked legislation that would have unfairly leveraged California companies into costly settlements...
This Economy Isn’t Helping All Californians. Here’s How We Can Spread the Wealth
California voters are anxious. The economy is growing, the state budget is balanced and drought worries have receded. Yet according to a recent CalChamber...
Job Killer Update: 2017 Holdover Bills Defeated or Amended
Four California Chamber of Commerce-opposed job killer bills held over from the 2017 legislative session will not be moving on; one was defeated and...
State Finance Director: California Must Spend Cautiously, Fill Rainy Day Fund
California’s budget is experiencing a surplus, but massive uncertainties loom and fiscal prudence must be maintained, California Finance Director Michael Cohen explained yesterday during...
Governor Calls for Fiscal Prudence with 2018–19 Budget Plan
Governor Edmund G. Brown Jr. yesterday proposed the final budget of his gubernatorial career proposing to spend a record $190 billion, without raising taxes...
Economic Advisory Council: Worker Shortage, Chronic Lack of Housing Constrain Potential for California Growth
For most of the post-recession era, the California economy has been among the fastest growing of the 50 states, both in terms of job...
State-Run Retirement Draft Regulations Exclude Critical Instructions for Employers
Draft regulations for the new state-run retirement savings program, Secure Choice, leave out critical instructions to help employers understand their obligations, the California Chamber...
12 CalChamber Members Creating Jobs with Help from Tax Credit
Twelve California Chamber of Commerce member companies have been selected by the Governor’s Office of Business and Economic Development (GO-Biz) as recipients of the...
CalChamber Urges Businesses to Participate in Workshops for State-Run Retirement Program
The California Chamber of Commerce is urging businesses to participate in the upcoming workshops to discuss draft regulations for the new state-run retirement savings...
Former CalChamber Board Chair Assumes Role as U.S. Comptroller of the Currency
Joseph M. Otting, 2015 chair of the California Chamber of Commerce Board of Directors, is scheduled to be sworn in as U.S. Comptroller of...
Senate Panel Approves Republican Tax Plan
Hours after the House Republicans passed a tax bill Thursday, the Senate Finance Committee approved their tax bill, pushing it closer to a full...
IRS: Plan Now to Use Health Flexible Spending Arrangements in 2018
The Internal Revenue Service is reminding eligible employees that now is the time to begin planning to take full advantage of their employer’s health...