The Extra Income Inquisition

If you’re a small business, the IRS has decided you may be hiding income. According to the IRS tax gap study released in 2012, the U.S. Treasury loses $376 billion each year due to […]

The Government Shutdown Ripples Continue…

Every year the IRS updates its computer systems in preparation for the next tax year’s returns. Rules change, processing and technology updates are implemented and new tax laws are reduced to policy and imbedded […]

The New Arizona BK Exemptions Are Here!

If your personal assets deterred you from filing a bankruptcy case in the past, you will want to consult a lawyer regarding the new Arizona bankruptcy exemptions.  House bill 2325 was passed during the […]

The Shut down is Over – the IRS is now Open for Business.

Well, the showdown at Capitol Hill is officially over. Congress has approved a temporary measure to extend the debt ceiling through February 7, 2014 and fund government operations until January 15, 2014. Congress and […]

Taxes & The Government Shut Down

It happened 17 years ago. And it’s happened again. September 30th has now passed and Congress failed to reach a compromise measure to keep the government funded. So effective October 1st, the impact is […]

The IRS and Same-Sex Marriage

The debate on the definition of “marriage” in our society rages on and tax professionals have been confused as to its impact because how tax return elections applied to the various state and federal […]

Employer Notice Deadline for ObamaCare

If you’re an employer with one or more employees your first deadline under ObamaCare is October 1, 2013. Starting January 1, 2014, individuals, families, and employees of small businesses can access health care coverage […]

What is the Child Tax Credit?

Tax credits offset taxes owed (and may also be refundable) and you should apply for them whenever you can. One of them, The Child Tax Credit, may be worth as much as $1,000 per […]

Tax Tips for Newlyweds

So you and your new spouse recently got married, the wedding and festivities are now behind you and post-wedding life has begun. Here are a few tax tips that will help get your tax […]

How to Get a Transcript or Copy of a Prior Year Tax Return

One of the often made requests to our office is how to get a copy of prior year tax returns and information. In some cases, it’s related to an IRS inquiry or the need […]