Dear Valued Clients,   These are uncertain times and you probably have questions regarding the stimulus package and recent changes related to tax filings.   The following April 15th deadlines have been extended to July 15th, 2020:   Filing due date for 2019 individual income tax returns Payment[…]

On December 22, 2017, Public Law no. 115-97 was signed into law.  The bill, also known as the Tax Cuts and Jobs Act, amends tax law effective January 1, 2018.  The tax law changes include bracket and rate changes, an increased standard deduction, elimination of personal exemptions, limitation[...]

We hope you are all enjoying your summer! When is it the best time to move in AZ – well, the middle of the summer of course! We made the move and you can find us on the NW Corner of Arizona Avenue and Chandler Heights Road. Our[…]

Do you have piles of old clothing, or a garage full of items that you have been meaning to get rid of? Now may be the time to donate them to charity.  Donations made prior to the end of the year can still be claimed on your 2013[…]

Tax preparation season is almost upon us and to assist in planning we will be posting a series of tips over the next few weeks.  As always if you have a question or would like to schedule your tax preparation appointment please contact us. Additional Medicare Tax Additional Medicare[…]

Looking for a big tax deduction for your business?   If you purchase a new heavy SUV (loaded gross vehicle weight over 6,000 pounds) in 2013, you can get a large depreciation deduction.  As an example, say that your company buys an qualified SUV (must be new) for[…]

So you owe the IRS, now what? April 15th has come and gone, but unfortunately for some people the issues with the IRS are just beginning.  If after filing your tax return you find yourself owing the IRS money it is time to look at your options. Before[…]

Arizona TPT rate changes effective June 1st, 2013 Businesses in Arizona that are required to collect Transaction Privilege Tax (TPT) need to remember to change their tax rates effective June 1st.  The expiration of the temporary tax from 2010 will reduce the Maricopa County tax rate from 7.3%[…]

As the April 15th deadline approaches, we felt it would be a good time to discuss the IRS penalties for late filing and what one can do to avoid them. The penalties being discussed are all regarding individual tax returns. We will write a post at a later[…]

Nothing special, but figured I’d get something out there.  Let me know what you think… Again not my best work but I just want to get something new up on the page   April 15th signifies more than the deadline to file individual tax returns for 2012.  It[…]