Economy
Arizona Employers Must Adjust their Unemployment Tax Liability on their 2012 Form 940
If you are an Arizona employer, you are probably aware that your unemployment taxes went up in 2011. Arizona employers were assessed a “Special Assessment” to repay funds that were borrowed from the federal government to enable Arizona to continue … read more
The “What Ifs” of an Economic Downturn
The Internal Revenue Service recognizes that many people may be having difficult times financially. There can be a tax impact to events such as job loss, income reduction or tapping a retirement fund. Additionally, the IRS may be able to … read more
Any Good News for a Down Market?
I know that long term investors typically want all of their investments to increase in value, but unfortunately in the real world it doesn’t always work that way. From a tax perspective, having losses in your portfolio is something that … read more
Financial Crisis
The Political Dictionary defines a fiscal crisis as the actual or supposed inability of the state to raise enough tax revenue to pay for its programs. Do you think we are in one based on this definition? Might be hard … read more