Indicative of the legislative and judicial temperaments in New York and California, in NY the legislature tried to retroactively change the tax rules and the courts protected taxpayers. In Cali, the courts are trying to retroactively change the tax rules and the legislature is trying to protect taxpayers.
From foxnews.com:
California small business owners ordered to pay back millions in tax breaks
http://www.foxnews.com/politics/2013/08/21/calif-small-business-owners-ordered-to-pay-back-millions-in-tax-breaks/
Tim Lynn
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lynn.skan@gmail.com