Sen. Steve Knight [George Runner] – BOE Member George Runner announced Monday he is sponsoring legislation to extend common sense protections to taxpayers. Two identical measures, AB 2510 (Wagner) and SB 1327 (Knight), would require the state to provide a full refund to all individuals who paid...

BOE Member George Runner The California State Board of Equalization (BOE) today voted unanimously to adjust the Fiscal Year 2014-15 excise tax rate on gasoline downward by $0.035 during its monthly Board Meeting in Culver City. State law mandates that the Board set the excise tax rates for gasoline before...

Based upon a staff recommendation, the California State Board of Equalization will consider adjusting the excise tax rate for gasoline downward by $0.035 during its scheduled February 25, 2014 meeting in Culver City. Gasoline prices have declined and are projected to remain low during the next fiscal...

Californians who sold their home in a short sale in 2013 are at risk of overpaying their state income taxes, warned Board of Equalization Member George Runner. The Franchise Tax Board announced recently that Californians who had mortgage debt forgiven in a short sale are not required to pay income tax...

George Runner Board of Equalization Member George Runner will host a telephone townhall for small business owners on Tuesday, Feb. 4, at 10 a.m. The free event, co-hosted by the National Federation of Independent Business, will provide specific information to small business owners on how best to avoid...

California’s gasoline consumption increased 0.9 percent, while diesel consumption increased 4.0 percent in the third quarter of 2013, according to fuel tax data released by George Runner, Second District Member of the California State Board of Equalization (BOE). “Lower gas prices are leaving more...

It’s no secret that starting a new business in California is tough. With our high tax rates and hostile regulations, we are consistently ranked one of the worst states in which to do business and create jobs. For years the California State Board of Equalization has been making this problem worse...

[KHTS] – California Gov. Jerry Brown’s budget proposal drew reaction from around the state Thursday, including lawmakers who represent the Santa Clarita Valley. “The 2014‑15 Budget continues our investment in schools by providing $10 billion this year alone to give California students a much...

BOE Member George Runner hailed a 5-0 Board of Equalization vote Tuesday to end the sweeping security deposit requirements automatically imposed on new California corporations and LLCs. “Since being elected to BOE three years ago, ending this onerous practice has been my top priority,” said Runner....

George Runner announced today that the Franchise Tax Board will follow the lead of the Internal Revenue Service and not impose a tax penalty on Californians who have sold their home via a short sale. In a written response sent to Runner today, FTB Chief Counsel Jozel Brunett states, “Since California...