The rebates Arizona families received last fall are taxable by the federal government, the Internal Revenue Service says. The federal tax will take a bite out of the relief state lawmakers sent to ...
If you received an Arizona family tax rebate last year, you will have to report that amount on your federal income tax return. The IRS has classified the rebate payments as taxable income, meaning ...
The IRS says the rebates Arizona families received last fall are taxable, taking a bite out of the relief state lawmakers sent to roughly 750,000 households. Only the IRS will levy the tax. There is ...
Many Arizona families received money from the state due to a new tax plan in the state budget. Those who qualify for the Arizona Families Tax Rebate could look forward to a rebate of up to $750.
TUCSON, Ariz. (KGUN) — Arizona Attorney General Kris Mayes sued the IRS on Wednesday, February 21st, after the agency maintained the Arizona Family Tax Rebate is subject to federal income taxes. That ...
PHOENIX (3TV/CBS 5) - Last year, more than half a million Arizonans with kids got a tax rebate. But now, the IRS has made a change that will mean less money in people’s pockets. The agency says that ...
Arizona residents who receive a families tax rebate will have some of it taxed by the Internal Revenue Service (IRS). The Arizona Department of Revenue (AZDOR) announced on January 16 that those who ...
The Internal Revenue Service (IRS) has said it is permitted to tax a one-off tax rebate issued in Arizona last year despite retaliation from the state. Earlier this year, the Department of Revenue ...
PHOENIX – Republican legislators defended family tax rebates Monday as beneficial to Arizonans on the heels of new projections that Arizona is expecting a $400 million state budget shortfall. The ...
There’s no way around it: installing solar panels is expensive. In Arizona, a typical 10-kilowatt residential system costs $20,455 before any financial incentives. That price drops to $14,318 after ...
The Arizona Court of Appeals held that an investment tax credit (ITC) deferred as a tax asset has “value” and therefore is properly excluded from the taxable original cost of renewable energy ...
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