Learn about the recent tax law changes affecting the employer retention tax credit, potential benefits, and more
A-Z Blog
Arizona Prop 208 Adds a 3.5% Surcharge to Highest Personal Income Tax Bracket
Arizona voters approved Proposition 208, which took effect on January 1, 2021. Prop 208 adds a 3.5% surcharge to Arizona’s highest personal income tax bracket, resulting in an effective tax rate of 8% for affected taxpayers. At this increased 8% tax rate, Arizona becomes one of the highest taxing states for top earners. Affected individuals are[ … ]