Tag: income tax

May 24, 2023 by Barbara Dillon

Tax Recordkeeping Tips

The Arizona Department of Revenue (ADOR) encourages taxpayers to keep well-organized records and to securely discard old documents.

August 21, 2020 by Barbara Dillon

Arizona income tax durable power of attorney Estate Planning federal income tax Health care directive Income tax wills and trusts

COVID-19 Reassessing Estate Planning

COVID-19 caused many changes in our personal and business lives, giving us time to rethink our priorities and expectations. Estate planning is one area that has received a lot of attention. Do you have an estate plan in place?

November 13, 2019 by Barbara Dillon

Financial statements Revenue Recognition

Revenue Recognition Standards – ASC 606

ASC 606 became effective for public companies in 2018 and privately-held companies in 2019. Previously, the reporting standard varied according to industry. Now, under ASC 606, the standard is industry neutral, making it more transparent.