Sales Tax in the Post-Wayfair World
The Supreme Court’s decision in South Dakota v. Wayfair applies to you if your business operates in two or more taxing jurisdictions. Learn the basics of collecting and reporting sales tax.
Insights
Wallace Plese + Dreher Announces New Partners
Wallace Plese + Dreher named Leslie Prichard, CPA and Allison Lynn Dozbaba, CPA as partners, bringing the total number of Firm partners to 15. In 2016, Leslie joined the Firm as an Audit Manager and Allison as a Tax Manager. In 2017, both were promoted to senior managers.
Tax Planning and Good Financial Health
Good tax planning is a year-round activity requiring collaboration with your accountant to evaluate current circumstances and discuss any changes that may impact minimizing taxes. Circumstances change. Even if you used the standard deduction in the past, it may no longer be the right option for you.
Future Impact of New Tax Law
The majority of the new tax law changes expire at the end of 2025. With the right strategies and planning, business owners can maximize opportunities offered by the new tax law.
New Leasing Standards | Private Companies
As of January 1, 2020, all leases, including short-term leases, must be recorded on a company’s balance sheet. What does the new Financial Accounting Standards Board (FASB) standard mean for your business?
Taxes and Finances | Car Leasing
Other than a home, a car is typically the biggest purchase you will make. Many car owners do not consider the financial implications. What are the benefits and disadvantages of buying and leasing a car?
Sara B. Nance, CPA – Most Influential Women in Arizona 2019
Congratulations to Sara B. Nance, CPA on her recognition as one of the Most Influential Women in Arizona 2019. Chosen from more than 2,000 women, Sara and 49 other talented women were selected for impacting their organizations and business community.
IRS Issues Draft of New W-4
The IRS published a draft of a revised Form W-4, Employee’s Withholding Allowance Certificate. The agency emphasizes this is a preliminary version, and until further notice, everyone should use the current version. However, human resources departments and payroll managers should become familiar with it now since the final version will be similar.
Wallace, Plese + Dreher Announces Promotions
Wallace, Plese + Dreher (WP+D) congratulates our professionals on their well-deserved promotions. Our people have diverse backgrounds, speak a variety of languages, and possess a wide-range of technical skills. Promotions reflect our workplace culture that encourages continuous learning and career development.
Status | Arizona Tax Conformity
As of May 6, 2019, the Arizona Legislature continues working towards a State budget with ongoing discussions regarding various budget proposals. Recent comments from the Legislature addressed the question of Arizona’s conformity with federal tax law. While conformity is still to be determined, it seems Arizona will conform.
Marriage Penalty | Tax Cuts and Jobs Act
The marriage penalty refers to two people that may pay more in taxes as a married couple than they would filing two single returns. Does this penalty really exist? See how the Tax Cuts and Jobs Act (TCJA) may affect couples and taxes.
Arizona Socially Responsible Investing
When investing, do you care about anything beyond generating returns? Many Arizona investors would like their money to grow and help the world at the same time. Socially responsible investing (SRI) is dedicated to environmental sustainability, alternative energy, and clean technology. How can you help the world with your investing?