Our Service is Your Solution!
You have questions. You want to make the right decision. You want to get it done... and done right.
Our Service Is Your Solution!
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QUICK & TIMELY TAKES
NEWSLETTERS AND RESOURCES
- Newsletters that are relevant, to the point and timely. Your time is important. No subscription required.
- Visit the Helpful Items tab for calculators, calendars and many other...well, helpful items!
IRS AND YOUR IRS ACCOUNT
- To help ensure your records match what is being reported to the IRS you should review your taxpayer account
- Do not call the IRS, rather set up and login to your online account
- Married individuals will have their separate accounts even if they file a joint return
- We recommend to check your account online https://www.irs.gov/payments/view-your-tax-account
ARIZONA & YOUR TAXES
- NEW - Education Savings Deductions is now Per Beneficiary
- Contributions to college savings plans were limited as $2,000 per taxpayer, or $4,000 per married filing joint tax return
- NEW for 2021 the contribution is $2,000 per *beneficiary* ($4,000 per beneficiary for a married filing joint return)
- If you plan to pay your Arizona taxes with Charitable Tax Credits you have until 04/15//2022 to made donations and still apply them to 2021
- Keep your records a little longer - Arizona has a 4 year statute of limitations, whereas the IRS is 3 years.
EARLY RETIREMENT DISTRIBUTIONS FOR COVID SUPPORT
- If distributions were coronavirus-related you may be exempt from the 10% early withdrawal penalty.
- You may be able to report the income over a three year period, thus managing your brackets intelligently!
- Office meetings are by appointment only, to schedule call, email or use the online calendar.
- Front desk hours are 8:30 to 5:00 PM, Monday thru Friday
- Masks are not required. Please advise if your comfort is for us to wear one for in person meetings.
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Contact our office to address your specific accounting, tax or other planning needs. This website is a valuable resource. Material is intended to provide accurate, current and general information.