Small businesses (1-99 employees) play an essential role in California's regional economies and industry clusters, generating an annual payroll of $189 billion in 2010. Definitions of small businesses often vary by program and industry. At times small businesses are defined by the number of employees and in other cases are defined by gross receipts and/or other financial data.
California's Earned Income Tax Credit (Cal EITC) is designed to put money in the pockets of working families and individuals. Claiming this credit is easy. Eligible taxpayers just need to file a state tax return.
If you do not owe taxes, Cal EITC will provide you with a tax refund when you file your return. If you owe taxes, Cal EITC reduces the amount of taxes you might owe and may allow you a refund when you file your taxes.
Cal EITC, created by the Governor and Legislature as a supplement to the federal EITC, took effect starting with 2015 tax returns.
In December 2016, Todd Gloria was sworn in as the California State Assemblymember for the 78th Assembly District making him only the second person of Filipino heritage ever elected to the California State Assembly and the Legislature’s only enrolled tribal member.
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