Blog and News

New Arizona Work Comp Law

What you need to know about the New AZ Work Comp Law | JP Insurance Group http://bit.ly/2ssz8kB

It’s not too late to take care of Arizona Tax Credits for 2019 – you have until April 15, 2020

List of Qualifying Charitable Organizations for 2020 – Working Poor
https://azdor.gov/sites/default/files/media/CREDITS_2020_qco.pdf

List of Qualifying Foster Care Charitable Organizations for 2020
https://azdor.gov/sites/default/files/media/CREDITS_2020_qfco.pdf

Stop abbreviating 2020. Police say it leaves you open to fraud and could cost you big!

Check out this article from USA TODAY…
https://www.usatoday.com/story/news/nation/2020/01/02/do-not-abbreviate-year-2020-in-date/2795857001/

IRS issues standard mileage rates for 2020

IRS issues standard mileage rates for 2020 | Internal Revenue Service http://bit.ly/39ymst1

AZ Tax Credits 2019

There are various tax credits offered through the State of Arizona that support local nonprofits and (summarily) redirect what would be your Arizona tax dollars to these nonprofits. This article addresses the tax credits available to individual tax return filers, with dollar limits that vary based on your filing status. The first four (4) credits are non-refundable and provide a dollar-for-dollar credit towards your Arizona income tax liability. If your total tax credit contributions exceed your tax liability,

Jan. 31 filing deadline remains for employer wage statements, independent contractor forms

Jan. 31 filing deadline remains for employer wage statements, independent contractor forms | Internal Revenue Service http://bit.ly/2ONdtfg

Small business owners should find out if they can benefit from claiming this deduction

Small business owners should find out if they can benefit from claiming this deduction | Internal Revenue Service http://bit.ly/2KeesCH

Taxpayers should watch out for gift card scam

Taxpayers should watch out for gift card scam | Internal Revenue Service http://bit.ly/2KYYJaO

Transaction Privilege Tax License Renewals Due January 1

Transaction Privilege Tax License Renewals Due January 1

The Arizona Department of Revenue (ADOR) is sending renewal letters to businesses this week. Every business licensed with ADOR is required to renew their Arizona Transaction Privilege Tax (TPT) License as it expires December 31, 2019.

The due date to renew a TPT license is January 1, 2020. TPT licenses are valid for one calendar year, from January 1 through December 31. Licenses renewed within the calendar year must still be renewed at the start of the following calendar year.

Good recordkeeping is just good business

Good recordkeeping is just good business | Internal Revenue Service http://bit.ly/2rrAlaN