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IRS considering regulations that would harm self-storage industry
The IRS is currently considering harmful new regulations on microcaptive insurance – an insurance product many small businesses like mine rely on to get through uncertain times.
Gress wants to expand tax credits to cover time woman is pregnant
Matt Gress, a first-term Republican representative from Phoenix, wants to expand state law providing for a tax credit for children to also include the number of months a woman was pregnant.
House corporate income tax cut bill passes initial committee hearings
The first bill to be heard by Arizona House of Representatives members, which is projected to reduce the state’s revenue by about $1.8 billion from corporate income tax breaks over four years, passed two committee meetings on Wednesday.
Ducey draws line in sand on rainy-day fund
Calling an economic downturn "inevitable,'' Gov. Doug Ducey is pushing back against demands by lawmakers from his own Republican Party to use an unexpected cash windfall to pay down debt.
Ducey vetoes tax conformity bill
Calling a revenue-neutral tax conformity bill "irresponsible,'' Gov. Doug Ducey vetoed the measure on Friday − and vowed to reject any plan other than his own.
Legislative committees approve tax conformity bills
Defying both Democrats and their own Republican governor, GOP lawmakers voted Monday to cut income tax rates across the board to prevent what they believe would be a "windfall'' to the state on the backs of Arizona residents.
Ducey signs bill barring cities from taxing sugary drinks
The proposal doesn't specifically mention taxes on sugary drinks, only saying any tax on food products must be uniform. But testimony from a supermarket industry lobbyist industry made it clear that's what the bill is all about.
Speaker gives bill to extend education sales tax new life
House Speaker J.D. Mesnard, R-Chandler, announced today on the House floor that he would be withdrawing HB2158 from the House Ways and Means Committee.
Brewer tax reform bill advances, but Kavanagh threatens to block in Approps
The unanimous vote that Gov. Jan Brewer’s sales tax reform bill received in the House Ways and Means Committee is far from a sign of smooth sailing ahead.
Gov’s sales tax overhaul set for 1st House hearing
A proposal from Gov. Jan Brewer designed to ease the burden on businesses from one of the nation's most complex sales tax collections system is set for its first hearing in an Arizona House of Representatives committee.
GOP jobs bill sails through committee
A House panel on Jan. 25 forwarded a measure to the floor aimed at spurring job growth through incentives to large corporations and tax cuts, where it is scheduled to be debated by the entire body.
