Rise In California Taxes Threatens Business Owners In Orange County And Irvine

Business owners and entrepreneurs in Orange County and Irvine find themselves in survival mode because they expect higher taxes. Increase in California personal income tax rates also increases the tax burden on these business owners. A perfect example is the $800 minimum tax on all corporations, partnerships and LLCs doing business in California. Even if they are losing money, business owners have to cover this cost, often leading to payroll tax problems and the cutting of corners. In a challenging economic climate, does this make sense?

California Tax Bear Chasing Away Business in Orange County

The California Franchise Tax Board and the Employment Development Department are squeezing the life out of business owners in Orange County and Irvine. The Tax Resolution Institute understands why business owners have serious California tax problems, and we want to help you find real tax resolution. Why does it seem like the bear on the California State Flag is coming after the business owners that allowed California to flourish in the first place?

A successful business owner in Fountain Valley explained his frustration with doing business in the state: “California has the highest state taxes in the country, so it’s not hard to move to Nevada or Arizona and cut your state taxes in half, which can save you a lot of money to hire more employees and grow your business.” The deficit in the California state budget reflects countless layers of unneeded government bureaucracy and unions, including both the California Franchise Tax Board, the Employment Development Department and the Board of Equalization. Business owners in Orange County and Irvine agree that their tax burden seems to be paying for these extensive bureaucracies to operate and investigate.

Protests Against California State Taxes In Sacramento

Protests against California State Tax Laws are taking place in Sacramento as good and viable businesses are being chased out of the state by the hungry California state tax bear. A multitude of redundant and conflicting regulations make it difficult to run a small business in California. “Sometimes the details are impossible to keep up with, said Irvine employment law consultant Don Dressler.  Many business owners agreed with Dressler’s basic idea for improving the state-business relationship:

“Cut state government in half and hire people who care about business that is the goose that lays the golden eggs.” The tax Resolution Institute believes the state should be more understanding of business owners caught in the economic crunch in the state that fall behind in their payroll tax commitments and personal income tax bills.

Ron Stein of Principal Technical Services, an Irvine engineer staffing company, recommends the state level the playing field for California businesses with their competitors in other states. If California does not change their tax laws, there is no reason for business owners to remain in Orange County and Irvine. Stein explains that:

“California is out of touch with the fact that businesses must survive in a national and international economy. Private businesses have choices as to where they conduct their business to obtain a return on their investments.” If private business is going to remain in California and continue to thrive, both the California Franchise Tax Board and the Employment Development Department have to make California a positive place to conduct business in a harsh economic climate. Once thriving business owners in Irvine and Orange County are now facing new sets of challenges.

The Tax Resolution Institute understands why so many once thriving business owners find themselves in tax trouble with the California Franchise Tax Board or the Employment Development Department. If you have serious California tax problems and need to find tax relief, contact the Tax Resolution Institute, and we will guide you through the myriad of California tax laws. We can help you find a viable tax resolution to your payroll tax problem that will save your business and keep the doors open to the public. We have helped business owners in Irvine and Orange County in the past find tax relief, and we know we can help you today if you need our assistance.