Strategies to maximize HSA benefits

There is no disputing the cost of health care is high and there have not been any signs those costs will decrease. In 1960 health care spending represented  5% of the total U.S. GDP.  In 2020 spending on health care was near 20% of the total U.S. GPD. In 2003 the Medicare Prescription Drug, Improvement …

Keep Reading

Take a closer look at Arizona’s small business income tax

Some people have reached out after the previous blog on Arizona’s new alternative tax, called the Arizona Small Business Income Tax (SBI). So I thought I would do a follow up with some questions and answers: Don’t miss: Why do I want a cost segregation study? Small Business Income Tax (SBI) FAQs Question: How do …

Keep Reading

Arizona’s alternative tax

Normally, we don’t think of Arizona as being in the forefront of new changes, but they sure got creative in 2021. In June of 2021, the legislature passed into law Arizona’s alternative tax. This tax is called the Arizona Small Business Income Tax (SBI). Don’t let the title lead you down the garden path – it …

Keep Reading