January 2020 Articles
Newsletter Downloads
- January 2020
HTML version, PDF version - Year-End Highlights 2019
HTML version, PDF version - December 2019
HTML version, PDF version - November 2019
HTML version, PDF version - October 2019
HTML version, PDF version - September 2019
HTML version, PDF version - August 2019
HTML version, PDF version - July 2019
HTML version, PDF version - Half-Year Highlights: Jan - Jun 2019
HTML version, PDF version - May 2019
HTML version, PDF version - April 2019
HTML version, PDF version - March 2019
HTML version, PDF version - February 2019
HTML version, PDF version
A Tax Tip
January 2020
Form W-2 will be arriving in mailboxes soon!
Did you know that if you purchased holiday gifts online and were not charged sales tax, you likely owe the state use tax on the purchase price? Not all remote sellers are required to collect California sales tax, so if the seller didn’t charge you tax, then you, as the consumer, are responsible for paying it. Generally, if the item would have been taxable if purchased from a brick-and-mortar retailer in California, it is subject to use tax. Use tax is owed by April 15 in the year after you make a purchase for which California tax was not charged. You may report use tax on your California state income tax return or to the California Department of Tax and Fee Administration by visiting https://onlineservices.cdtfa.ca.gov/Directory/.
For more information on the use tax, refer to CDTFA Publication 110, California Use Tax Basics, available online at https://www.cdtfa.ca.gov/formspubs/pub110/#use.