Corporate Income and Franchise Taxes in Arizona: FAQ
January 10, 2019 | News The State of Arizona has a corporate income tax but does not impose a corporate franchise tax. Taxable Income How is taxable income determined in Arizona? To what extent is the state income tax base aligned with the federal...
Asset Transfers and Qualifying for ALTCS
January 1, 2019 | News Not all transfers trigger a period of ineligibility. There are some exceptions to the rule against making gifts. Revised January 2019 | More about Long-Term Care Legal Services The Arizona Long Term Care System...
Income Trusts and ALTCS Qualification
January 1, 2019 | News While income payable to the ALTCS beneficiary counts toward the maximum income allowed, any income that is made payable to an income trust is excluded from that income calculation. Revised January 2019 | More about Long-Term...
IRS: Business meal expenses continue to be deductible
November 12, 2018 | News Taxpayers may continue to deduct 50% of the cost of business meals, the IRS has announced. IRS Notice 2018-76 relieves concerns that, after passage of the 2017 Tax Cuts and Jobs Act, the cost of business meals would no longer...
Brandon Keim: Three pending U.S. Tax Court cases spell “doom and gloom” for captive insurance companies
August 8, 2018 | News In a June 2018 interview with the captive insurance industry publication Captive International, Frazer Ryan tax partner Brandon Keim predicted disappointing outcomes for the industry in three pending U.S. Tax Court cases....