Phoenix Tax

Taxability of Identity Theft Protection Services

Recent years have brought a slew of high-profile data breaches of major organizations. Some of the largest breaches include Target, Anthem Health Care, Home Depot and most recently, Ashley Madison. Even the U.S. Government has not been immune, as the … read more

Pushing for Tax Reform – IRS Taxpayer Assistance

The American Institute of Certified Public Accountants (AICPA) recently participated in U.S. House of Representatives, Committee on Small Business hearings on tax reform with the goal of ensuring that main street isn’t left behind. One area of focus in this … read more

No More 83(b) Attachments to Tax Returns

The IRS issued proposed regulations which eliminate the requirement that taxpayers must submit a copy of a Code Sec. 83(b) election with their tax returns. The proposed regulations, if finalized, will apply as of January 1, 2016; however, taxpayers may … read more

California Begins Employee Business Expense Audits

California is known for its aggressive audit programs and in August 2015, California Franchise Tax Board (FTB) began a new audit program for taxpayers who deducted unreimbursed employee business expenses on their tax return. The audits will begin with the 2011 … read more

Arizona Manufacturers and Use Tax

Understanding and comprehending tax law is often a difficult task in general. It can be even more so if you are looking towards specific applications of tax law in particular industries. Take manufacturing, for example. I have had quite a … read more

Cash Basis Taxpayer Gets Stiffed!

I often have cash basis service providers tell me they want to “write off” amounts that they never collected for services provided. For example, a consultant does work for a client and sends an invoice for $5,000. The client never … read more

AZ Amnesty for Penalties and Interest Expires November 2

The Arizona Tax Recovery Program began this month and will soon end on November 2, 2015. It’s the creation of Senate Bill 1471, passed earlier this year. All taxpayers who meet the application requirements will be eligible to have the … read more

Looking for a Tax Career with a Public Accounting Firm?

Recently, I was honored to be part of a five person panel for the masters of accountancy and masters in taxation students at Arizona State University (ASU). Included on the panel were representatives from an international CPA firm, a national … read more

You Sure You Want to Get Married?

The Ninth Circuit Court of Appeals overturned a Tax Court case which had disallowed two California domestic partners from each deducting mortgage interest up to the $1.1 million limit. The Tax Court held that the $1.1 million mortgage interest deduction … read more

Penalties and Relief for the Affordable Care Act

2015 is the first year that the new health care reporting forms are being required to be used to report health care coverage by employers under the Affordable Care Act. These will be due in January of 2016 to report … read more


There is nothing more complex than the world of taxes. We know this and yet we chose careers where we face these issues everyday. We get questions day in and day out about new tax laws, forms and news items and how they affect everyday people and businesses. Well, here at Henry & Horne, LLP we have set out to do what we do best; help everyday people understand what is going on in the world of state, local, federal, estate and international taxation. We will provide these weekly posts and we encourage you to give us feedback on those posts as well as letting us know what else you would like to know more about. Welcome to "Tax Insights." We hope you find this blog informative and worthy of your time.

Before posting a comment on a blog post please be aware that we do not give free tax advice to non-clients by email, comment response, or phone. Thank you!

Contact Us


Recent Posts