January is a very busy month for business owners and taxpayers. Most of us are gathering the documents needed in order to file our 2018 income taxes by the April 15, 2019 deadline.
In this short update we will discuss the Arizona Drought Contingency Plan, Tax Conformity and some recently introduced bills down at the Legislature. You can read more about these issues and the bills mentioned in this podcast in the article: Arizona Legislative Update – Jan. 22, 2019.
We will also discuss Tax Reform and how it will impact your personal and business income taxes. You can find more detailed information and resources in the article: Tax Reform – IRS Updates You Need to Know Before You file Your Taxes.