I just got a tax update letter from our accounting firm. Two things effect us as individual CA state tax payers. 1. beginning january 2009 the first two estimated payments for corporations and individuals are increased from 25% to 30 % and the last two are reduced to 20%.

2.The 12 month rule for use tax on vehicles, vessels, and aircraft purchased outside of California is back, effective the date of enactment ( September 23, 2008 ).

Ray: Please check this out as it effects your bus purchase.

Next they will have us paying taxes 5 years in advance to support our welfare state.