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Attorneys Discuss Why Arizona Residents Should Establish A Will
We have seen it happen with several famous people who have died without wills - leaving their estates entangled in uphill legal battles. However, this problem isn't just confined to celebrities. Unfortunately, many Arizona residents put their estate planning on the back-burner. Anything can happen at any time. That's why the attorneys at Brown, Naegle, Crider & Jensen LLC...
Read MoreWhat You Should Know About Earned Income Audits
Tax season is right around the corner, and there are some important things that are better to know before filing. One such issue worth consideration is an audit from the IRS. While audits are a fairly rare occurrence, with only about 0.5 percent of all taxpayers experiencing one in a given year, the odds of being selected...
Read MoreWhat you need to know about choosing a beneficiary for your 401(k) plan
Planning for retirement can be a difficult process. It's not just a matter of deciding how much money to put aside - you also need to consider who will receive the money if you die before the retirement fund is gone. The person who receives the money from your 401(k) plan is known as the...
Read MoreThe Tax Implications of an Arizona Home Sale
Buying or selling a home can be an overwhelming process. The logistical, legal, and financial consequences of a home sale can be confusing - even for an experienced homeowner or home buyer. In addition to all these challenges, there are tax implications for both buyers and sellers. It is important to be aware of these...
Read MoreState Tax Hike on Horizon for Arizona in Response to Federal Tax Law
The full impact of the newest federal tax code is still being explored and understood. One thing that has come to light, however, is that it will actually raise the state taxes owed here in Arizona. This tax change more heavily impacts individuals than corporations, but both will see higher tax bills as soon as...
Read MoreWith the Deadline Approaching, Are You Ready to File Your Taxes?
Every April, many Arizonans feel tax anxiety as the deadline draws near. In 2018, the apprehension may be even more pronounced in light of the recent changes to the tax law, known as the Tax Cuts and Jobs Act of 2017. While the tax reform package signed by President Trump will have an impact on...
Read MoreEstate Planning Helps Arizona Families
Death is an uncomfortable topic, one many would rather avoid as long as possible. However, failing to make preparations for yourself puts a great deal of trouble on your family during an already incredibly painful time. This situation will arise, and those you love will need to deal with it. You have the opportunity now...
Read MoreHow Changes to Alimony and Divorce Tax Law will Affect Newly Divorced Couples
The tax overhaul recently passed by Congress and signed into law comes with changes to many provisions that will affect Arizona families. One such change is to alimony, which will affect divorced couples starting in 2019. For the past 75 years, alimony payments were tax-deductible and the recipient paid taxes on the money they received....
Read MoreTax Evasion Carries Heavy Consequences
The IRS is a powerful department within the United States government, as it is their job to collect the funds needed to finance the programs and services of the nation. It comes as no surprise that the IRS will use all the tools at their disposal to collect taxes owed, including the courts. The tax...
Read MoreWhat’s the Difference Between a Will, Trust, and Living Will?
Arizona Estate Attorney Explains Differences, Pros and Cons Planning for your future and your family's future can be very complicated. Part of that has to do with the overwhelming number of options available to individuals. That's why it's important to understand some of the most common options available to you. Such options fall under the...
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