Planning for possible decrease of estate and gift tax exemption
September 17, 2020 | News Recent federal spending and the outcome of the November elections could lead to a reduction in the combined estate and gift tax exemption, perhaps as soon as January 1. The federal government imposes an estate tax when a...
Arizona taxpayers impacted by COVID-19 may have some tax penalties abated
September 15, 2020 | News Arizona law provides that penalties for non-payment or late payment of certain taxes may be waived or abated upon a showing of reasonable cause for failure to comply. Arizona, like almost all states, has been hit hard by the...
New statute repeals and replaces Arizona laws governing LLCs, affects operating agreements
September 2, 2020 | News The Arizona Limited Liability Company Act, which went into full effect on September 1, 2020, poses potential consequences for LLCs that have inadequate operating agreements. Effective September 1, 2020, the Arizona Limited...
Phil Whitaker joins Frazer Ryan
August 21, 2020 | News We welcome civil litigation and business attorney Philip B. Whitaker, who joined our firm on August 17. Phil’s clients benefit from his substantial experience in a wide spectrum of business-related issues, including...
IRS pursues cryptocurrency holders
July 22, 2020 | News With record-breaking momentum and utilization of cryptocurrency, the IRS is taking an aggressive look at individuals involved in cryptocurrency investments, purchases, sales, and mining operations. In a world where identity...