Phoenix Tax Preparation | Tax Increases President Barack Obama is set to promote his new plan for wealth redistribution. He will unveil and discuss his plan during his State of the Union address tonight. The plan involves limiting the profits wealthy Americans can...
Scottsdale CPA | IRS Scam Warning The IRS recently published a list of potential scams taxpayers should be aware of. The most recent is an aggressive and sophisticated phone scam. The caller claims to be an employee of the IRS. These criminals sound very convincing by...
Phoenix Tax Accountant | Donations of Appreciated Property Donating a piece of appreciated property can have a substantial benefit to your personal income tax return over selling the item and donating the proceeds. Appreciated property could be anything from a piece...
Phoenix Accountant | Tax Season Starts With the United States Congress passing the tax extenders bill, the Tax Increase Prevention Act, the Internal Revenue Service announced that it anticipates opening the 2015 income tax filing season as originally scheduled in...
Phoenix CPA | New Year Updates With the calendar changing from 2014 to 2015, there are many new laws that go into effect that may affect you or your business. The state of Arizona has raised its minimum wage. The minimum wage in AZ goes from $7.90 to $8.05 on January...
Phoenix Accounting Firm | Year end for SCorps As the year draws to a close, their are a few tax issues we would like to take the opportunity to remind our S-Corporation shareholders of. Shareholders of S-Corporations that own a greater than 2% interest must include on...