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Tag: Tax Planning 2025
Does California Have a Capital Gains Tax? (2025 Edition)
Introduction Capital gains are often taxed at preferential rates at the federal level. But in California, the story is different. Whether you’re selling stocks, real estate, or business assets, you might be surprised to find that California doesn’t distinguish capital gains from regular income. Here’s how capital gains are taxed in 2025. How Capital Gains […]
The Truth About California’s “Exit Tax” for People Moving Out of State (2025 Edition)
Introduction California’s high taxes have driven many residents to move out of state, especially to states like Texas, Nevada, and Florida. But rumors of a “California Exit Tax” continue to spread. In 2025, what is fact vs. fiction? Here’s the truth about whether California can tax you after you move. What Is California’s So-Called “Exit […]
What Are California’s Tax Brackets for 2024? (2025 Filing Guide)
Introduction California uses a progressive income tax system, meaning the more you earn, the higher the rate applied to your income. For the 2024 tax year (filed in 2025), tax brackets have been adjusted for inflation, and this blog breaks down how much you’ll pay and how you might reduce your liability. California’s Progressive Income […]