Category: Accounting & Bookkeeping|Business Operations|Business Tax|Individual Tax

  • San Francisco Payroll/Gross Receipts Tax Changes

    San Francisco Payroll/Gross Receipts Tax Changes

    The City of San Francisco passed The Gross Receipts Tax and Business Registration Fees Ordinance (i.e., Proposition E) on November 6, 2012. Beginning in 2014, the calculation of the SF Payroll Tax changes in two significant ways: (1) the tax begins its transition to the gross receipts tax, so there is a declining payroll tax…