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You've owned your own home for many years without a co-owner, yet you're unsure will happen with your property when you pass away. You have a beneficiary in mind, but you'd rather avoid the expensive and lengthy process of going through the probate court system. In this case, you have other options - particularly transferring...

Tax audits are rare. About 0.5 percent of all tax returns received IRS scrutiny in 2016, according to irs.gov. But that's still over 1 million returns. While audits don't happen often, many taxpayers wonder if they've done anything that might trigger a letter or visit from an IRS agent. The IRS conducts audits to determine...

The 2018 tax filing season is just around the corner. Before you file, you should be aware of the potential penalties if you happen to make an error. These penalties can be avoided simply by leaving no stone unturned when filing your return.   What are the common penalties? The tax laws and codes are complex, and...

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...

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...

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...

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...

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...

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...

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...