News & Views

In Arizona, taxable personal income is based on an individual’s federal adjusted gross income for the taxable year, subject to certain additions and subtractions, such as exemptions and deductions. Tax Residence Under...

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...

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...

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...

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...