Tax Insights

When budgets are tight in the public schools, often the first programs to lose funding are the extra curricular activities.  This is too bad because extra curricular programs aid greatly in a child’s development.  The Arizona credit for contributions made or fees paid to a public school gives individual taxpayers an opportunity to donate money [...]

If you are an unmarried dependent, you must file a tax return if your earned and/or unearned income exceeds certain limits.  Earned income includes salaries, wages, tips, professional fees, and taxable scholarship and fellowship grants.  Unearned income includes taxable interest, ordinary dividends, and capital gain distributions.  It can also include unemployment compensation, taxable social security [...]

Recently the IRS came out and reminded taxpayers to be aware of and avoid potential new identity theft scams that use the IRS name, logo or website in an attempt to convince taxpayers that they are receiving a genuine communication from the IRS.
Recent scams have involved the Making Work Pay refund, the e-mail tells the [...]