CPA Tax Musings: Sales and Use Tax Rate Will Increase on January 1, 2013

Well since Proposition 30 passed, at the first of the year the statewide California sales tax rate will increase .25%.  This increase will stay in force for four years. To see a further breakdown of rates go to the Board of Equalization’s site through the link below:

http://www.boe.ca.gov/rateincrease/

Always remember, the people voted for it (not me, but I am in the minority) so you asked for it, you got it!

                       Remember, for financial, accounting and tax musings,
                       You can count on us to count for you!


email
bstonercpa@sbcglobal.net phone 818-317-6035 Website www.briantstonercpa.com

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