Review the comprehensive list of blog posts and insights on accounting, tax, and audit from Tax Department - Phoenix Tucson AZ.
Read the latest update regarding the extended charitable giving incentives for Arizona taxpayers
Reference this tax calendar to learn the 2023 deadlines for various tax-related forms and payments.
If your business is closing its doors, taxes may be the last thing on your mind. But there are a number of tax obligations that must be met when a business shuts down. Here are the basic requirements.
If significant growth is part of your company’s strategic plan for the coming year, be careful. Growing a business too quickly can lead to serious financial problems.
Your business may provide low- or no-cost tax-free fringe benefits to employees. Here are the details of these benefits, along with a court case in which an employee was found to have received a taxable benefit but he didn’t include its value in his income.
A limited liability company can give you corporate-like protection from creditors while providing the benefits of taxation as a partnership. Can it work for you?
Interested in a “like-kind” exchange of real property? Here are the basic rules.
Business owners: When it rains, it pours. Inflation may be putting a damper on economic optimism, but there are ways to brighten your horizons.
Buying or selling a business may be the most critical transaction you ever make. If your business is considering merging with or acquiring another business, it’s important to understand how the transaction will be taxed under current law. Here are some considerations.
If your business has more than one owner, a buy-sell agreement is strongly recommended. Here’s why and how they work.
If you receive payments through services such as Venmo or PayPal, be aware that there are new tax reporting requirements beginning this year.
Have you considered if you would benefit from Arizona’s recent tax law changes related to small business income?