What are the tax challenges of filing for 2023?
Are you ready for tax season 2023? As we gear up for another year of filing taxes, it’s important to stay ahead of the game and be aware of the challenges that come with filing taxes in 2023. Let’s dive in and explore what you need to know to make this tax season a success. […]
The Arizona Department of Revenue Tax Updates!
The Arizona Department of Revenue has announced several important changes to the state’s tax laws that will take effect in the fiscal year 2022. These changes are aimed at simplifying the tax process, promoting economic growth, and ensuring that taxpayers are able to keep more of their hard-earned money. Here’s what you need to know […]
Take your Arizona based business to the next level with a CPA
Are you looking to take your business to the next level in Arizona? One of the best ways to do so is by working with a Certified Public Accountant (CPA). A CPA is a highly trained professional who can help you navigate the complex financial landscape of running a business. They are experts in tax […]
Estimated Tax Payments for 4th Quarter Due January 15, 2020
If you are required to pay estimated taxes for 2019, the payment for 4th quarter is due by Wednesday, January 15, 2020. How do you know if you are required to pay quarterly estimates for 2019? As part of the preparation of your 2018 income tax returns, you would have received payment vouchers and instructions. Have […]
1099 Forms
It’s that time of year again! As 2019 draws to a close, we recommend planning ahead and starting to collect or verify social security numbers, EIN numbers and addresses of individuals to whom you are required to issue Form 1099. These forms must be prepared and sent to the recipients on or before January […]
Open Enrollment – Healthcare Marketplace
If you’re planning to buy health coverage for 2020 through a marketplace, the enrollment period starts this month. It runs from Nov. 1 to Dec. 15. Go to healthcare.gov to get started and to review your insurance choices and cost. Please remember that if you elect to receive any tax credits in advance that an […]
Estimated Tax Payments for 3rd Quarter Due September 16th, 2019!
Just a quick reminder: If you are required to pay estimated taxes for 2019, the payment for 3rd quarter is due by Monday, September 16th, 2019. How do you know if you are required to pay quarterly estimates for 2019? As part of the preparation of your 2018 income tax returns, you would have received payment […]
ADOR Updates Guidance Regarding Income Tax Conformity
The Arizona Department of Revenue recently issued the following guidance for individual income taxpayers now that the Arizona legislature has determined the matter of conforming to the Internal Revenue Code (IRC). Tax year 2018 For tax year 2018, Arizona now conforms to the IRC. This includes 2018 tax forms, which were prepared assuming conformity. No […]
Q2 Estimated Tax Payment
The 2019 2nd quarter estimated tax payments are due on Monday, June 15, 2019. Please let us know if you would like assistance computing the balance due or if you need duplicate copies of your payment vouchers that we provided you during tax prep. Thank you!
May 15 Due Date – Nonprofit Organizations
The Form 990 tax returns are due on May 15, 2019 for nonprofit organizations. Please let us know if you would like any assistance with your nonprofit filing requirements!