Simple Changes Helping California Small Businesses and Entrepreneurs
It's not easy doing business in California.
In order to be successful, business owners must overcome many challenges, one of which is dealing with California's complicated tax system. Whenever a business owner gets caught in a tax trap, it undermines the economic growth and job creation we so desperately need to extend prosperity to more regions of our state.
That's why I've been working with my fellow board members to make changes at the Board of Equalization aimed at assisting small business owners and entrepreneurs. Our goal is to make life easier for taxpayers, freeing up time and money for better use. I'm pleased to report we're making progress.
For example, thanks to a newly amended regulation, the process of buying lunch or dinner from your favorite food truck just got a little easier.
Our recently revised regulation saves food truck operators the hassle of charging their customers a different sales tax rate as they drive from city to city. The regulation, which became effective on July 1, presumes sales tax is included in the price of taxable items if the retailer hasn't added it separately.
This change will make life a bit simpler for California's fast-growing mobile food industry and more convenient for their customers, too.
Andrew Blaskovich, owner of Drewski's Hot Rod Kitchen, a popular food truck in the Sacramento area, agrees saying the new regulation will "allow us to speed up the process and in turn make more money for our businesses and the state while freeing up more time for our consumers."
The new food truck regulation is not the only area where the Board has been working to make life easier for California taxpayers.
Prior to this year, most new businesses were forced to turn over anywhere from $2000 to $50,000 of their own money as "security" before they could make a single legal taxable sale. This "security" was held just in case a business might be unable to pay its taxes during its first three years of operation.
Of course, no one in government stopped to think about whether shaking down new businesses for thousands of dollars would help them be successful.
I took a close look at the program and found it didn't make sense for taxpayers or the state. At my urging, the Board of Equalization voted in December 2013 to end its long-standing security policy.
Nearly 100 million dollars worth of security have been returned to businesses so far this year and new businesses no longer have to deal with this onerous practice.
The Board has also worked on making its online presence friendlier to taxpayers. The Board of Equalization has redesigned its website to make information easier to find and has recently added new industry guides-helpful webpages that provide relevant tax information for specific businesses.
In addition, business owners can now use our website to quickly and easily register for a new permit, file a return, make a payment, verify a permit, submit time extension requests and even request relief from penalties and interest.
By enacting common sense changes, harnessing technology, and eliminating burdensome programs, the Board of Equalization is striving to help small business owners and entrepreneurs achieve success.
George Runner represents more than nine million Californians as a taxpayer advocate and elected member of the State Board of Equalization. For more information, visit http://boe.ca.gov/Runner.
Pet Care | Real Estate | Restaurants | Tech | View All | * Add/Upgrade Business
Placer County News HeadlinesReliability remains Honda Accord calling cardHonda has historically produced a great vehicle in the Accord, which has been at or near the top of midsize class for many years.
Rocklin Artist Diane Bell at Rocklin History MuseumRocklin Artist Diane Bell at Rocklin History Museum to display several pieces of her work this weekend.
Bullers Went from Journalist to AdvocateLast week, I featured long-time journalist and disability advocate Finn Bullers of Kansas City, Kansas. I'm now featuring him again because of the breadth and depth of his accomplishments
50 Days of the Dead: Playing In The BandAn extended, psychedelic version of Playing In The Band from the show that would be filmed and released as Sunshine Daydream.
Roseville Proposes 16.5 Percent Rate Hike for WaterThe City of Roseville is holding two community meetings in March to update customers about proposed water and wastewater utility rate increases.
San Juan Water District Responds to CVP Federal Water AllocationsDrought Watch: We all know that California is facing an extraordinary drought. This morning's announcement of federal water allocations through the Central Valley Project is indicative
California Legislation to Refund Illegal TaxesBoard of Equalization Vice Chair George Runner announced today he is sponsoring legislation to extend common sense protections to taxpayers. Assembly Bill 867
Placer County Transit to Take Over Lincoln Bus ServicePlacer County Transit is scheduled to take over operations of the City of Lincoln's fixed-route bus service beginning July 1.
Roseville Crime Report Digest Update (2.26.15)The Roseville weekly crime report digest update for February 26, 2015.
Roseville Celebrity Chili Cook-Off March 20th2015 Roseville Celebrity Chili Cook-Off will be held on Friday, March 20, from 6:30 p.m. to 8:30 p.m. at the Maidu Community Center in Roseville
50 Days of the Dead: BerthaGrateful Dead play an acclaimed show across from the Big Apple in Jersey City, NJ. This version of Bertha captured on August 6, 1974
Ecological Benefits of Large, Intense Wildland FiresAs the California drought continues, with the severity deemed extreme or exceptional, we are all bracing for an early and intense fire season
NEWS: In Case You Missed It