The California Franchise Tax Board (FTB) released its January 2025 tax news publication. The publication provides updates on various tax matters such as Senate Bill 167 on conforming to federal charitable contribution deduction rules for qualified conservation easement contributions and an updated designated geographic area for the new employment credit effective Jan. 1, 2025. [Cal. Franchise Tax Bd., California FTB Tax News January 2025, 12/31/25]
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