Tempe Tax

Top Four Year-End IRA Reminders

It’s never too late to save for retirement. Individual Retirement Accounts are a great way to save. If you have an IRA or want to open one, here are year-end rules and reminders: Know Your Limits. The maximum contribution to … read more

Considering Exposure to VAT

Consumption or turnover tax is a very common form of taxation around the world. In fact, the United States is one of the few countries that do not have this type of tax in place. Value Added Tax (VAT) or … read more

The Taxpayer Advocate Service: A Voice for Taxpayers

Rarely are the words “I really enjoyed working with the Internal Revenue Service to resolve that issue” spoken. Dealing with the Internal Revenue Service can be an intimidating and frustrating experience. The Taxpayer Advocate Service is available to help you … read more

2015 IRS Inflation Adjustments

In late October, the IRS announced annual inflation adjustments for more than 40 tax provisions, including the tax rate schedules, and other tax changes. Some of the changes for 2015 that may be of greatest interest to taxpayers include the … read more

New Sales Tax Requirements for Arizona Construction Contractors

Effective January 1, 2015, sales tax requirements have changed for construction contracting. The changes are as follows: A contractor must determine on a contract-by-contract basis, whether the work performed under each contract is a “modification” activity subject to prime contracting … read more

Updates on TPT and License Renewals for 2015

The Arizona Department of Revenue (ADOR) is working to ensure that there is a smooth transition in reporting and paying all transaction privilege tax (TPT) transactions in 2015. The Arizona TPT Simplification announcement addressed these areas: License renewals. A Business … read more

Phone Scam Warning: Hello…It’s the IRS Calling

The IRS continues to warn the public to be alert for phone scams. The most recent scammers are leaving an automated voicemail that threatens the Internal Revenue Service is filing a lawsuit against you. The IRS respects taxpayer rights when … read more

Lose Your Wallet or Purse? Contact the Cops, Then the IRS

If you become a potential or actual victim of identity theft outside the tax system or believe you may be at risk due to a lost/stolen purse or wallet, questionable credit card activity or questionable activity on your credit report, … read more

Throw a Party, Catch a Tax Deduction

Writing a check to your favorite charity is always a great way to support the organization and often results in an itemized deduction on your tax return. Throwing a fundraiser in your home for that organization can result in a … read more

Substantiating Non-Cash Charitable Contributions

Giving to charity can be very rewarding. It not only helps the community but can also provide a benefit on one’s tax return. Charitable donations are reported on Schedule A in itemized deductions on an individual’s tax return. The following … 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.

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