Note: Much of the following is extracted from the Senate Finance Committee’s explanation of Reid-McConnell Tax Relief, Unemployment Insurance Reathorization and Job Creation Act, which incorporated the amendments to HR4853 that President Obama negotiated with the Senate and passed back to the House. There was some debate in the house about the Estate [...] Read more »
September 2010 Tax Update
Congress continues to do nothing. There is a lot of speculation about what they might do and when, but basically things are pretty much where they have been for months. Some think that congress will act on extending the Bush tax cuts, extending provisions that lapsed at the beginning of [...] Read more »
Changes to Arizona’s Tax Credit For The Working Poor in 2010
Last year the AZ Tax Credit For The Working Poor got better as the so called base period restriction was removed. This year, the Arizona Department of Revenue (AZ DOR) is tasked with making sure all the charities on the list for this credit meet the condition that 50% or [...] Read more »
We’re Back
Sorry to have fallen off the Blog Planet for so long. It was the holidays and we at ABC LLC were living life instead of writing business blogs. We hope you had a good time with your friends and family as well. Anyway, it is a Happy New Year with [...] Read more »