Unless you avoid the news and if you do, I can’t say a blame you, you probably heard the term Tax-maggedon or the Fiscal Cliff bandied about by the news clones for several months of 2012. Even as disaster loomed the parties in the lame duck congress and the president [...] Read more »
Time to HIRE?
The Hiring Incentives to Restore Employment Act (HIRE) was signed in to law by President Obama on March 18, 2010. Under the new laws certain employers may benefit from hiring certain kinds of new employees. The first break eliminates the employer’s portion of the Social Security tax of 6.2%. If [...] Read more »
Individuals — Start Thinking About 2010 Taxes Now
Did you get a huge tax refund this year? Most people feel pretty good about that until they realize they gave the government an interest free loan of all that money they just got back. If you received several thousand dollars back from the IRS this year, you may want to consider [...] Read more »
Change To Arizona Charitable Tax Credit For 2009
On 7/10/09 Governor Brewer signed HB 2286 which amends ARS 43–1088 regarding tax credits for contributions to qualifying charities. The law went into effect 9/30/09. The potential individual income tax credit for voluntary cash contributions made by the taxpayer during the taxable year to a qualifying charitable organization is up [...] Read more »