Fiscal Cliff: Agreement on Taxes and Spending Possible by Year-End?

President Obama secured a second term in office November 6, 2012, in the end winning the Electoral College by a wide margin. The President’s re-election now sets in motion what will likely be difficult negotiations between Democrats and Republicans over the fate of the Bush-era tax cuts, nearly $100 billion in automatic spending cuts, and[ … ]

2012 Tax Tips for Business Owners

2012 Tax Tips for Business Owners If your business is incorporated, consider taking money out of the business by way of a stock redemption if you are in the position to do so. The buy-back of the stock may yield long-term capital gain or a dividend, depending on a variety of factors. But either way, you’ll[ … ]

BeachFleischman PC Opens Phoenix Office to Better Serve Growing Client Base

Southern Arizona’s largest independently owned CPA firm provides tax, assurance, accounting and advisory services to growth oriented professionals, closely-held corporations, and not-for-profit organizations. TUCSON, AZ – BeachFleischman PC, a certified public accounting and business advisory services firm based in Tucson, is pleased to announce that it is expanding its Arizona operations with the addition of[ … ]

Arizona Tax Credit Alert 2011

The Arizona legislature has retained the incentives for charitable giving for 2011.  These credits are for individuals only, and the dollar limits differ depending on marital status.  Your payments will make a positive impact on the recipient organization, while at the same time reducing your state income tax liability dollar for dollar.  Here are descriptions[ … ]