The State of Arizona continues to offer tax credits which can help reduce your Arizona income taxes. This year, the State of Arizona made important changes to some of the credits.
When you start a business, a key to your success is to know your tax obligations.
With April 1st here, the IRS warns taxpayers not to be fooled by the tricks scammers use to take advantage of those they target. Scammers use fake names, provide bogus IRS badge numbers and alter caller ID numbers to make it look like the IRS is calling.
According to the American Medical Association, the identity theft scam that emerged during 2014’s filing season (2013 returns) continues and has shown an increase in the number of physicians that have notified the association that they have been victims of this identity theft scam when filing their 2014 tax returns (2015 filing season).
Governor Ducey recently signed into law HB 2153 which now allows S-corporations to participate in the State of Arizona Low Income Corporate Tax Credit which supports private schools in Arizona. This corporate tax credit program provides scholarships for thousands of children each year to attend the schools chosen by their parents to best meet their needs.