Yearly Archives: 2015

Tax Benefits from Employing your Children

Interesting read from the June 2015 edition of Entrepreneur magazine! According to the article "Advantage: Your Business, Two Ways to Make the U.S. Tax Code Work for You" business owners can benefit by employing their children and by converting their business into a corporation. Owners who employ their child, or children, may stand to gain…
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Is it Illegal to Bet on March Madness?

Yesterday started the second round of the NCAA Basketball Tournament and the betting is in full swing, but are your office pools and friendly wagers in compliance with Arizona gambling regulations? Gambling is prohibited in the State of Arizona, but in most cases friendly bracket betting is exempt from this policy as long as you follow…
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Facebook Adds Legacy Contact Feature

One small part of digital estate planning has gotten a little bit easier. This past month Facebook has unveiled its new Legacy Contact feature, allowing current account holders to select a family member or friend to manage their account after they have passed on. Legacy Contacts will have the ability to pin a post to…
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Tax-Cutting Bill Poised to Pass in Arizona House

Tax-cutting bill, HB2001 has advanced in the Arizona's House, inching closer to approval. The proposed bill would allow the state income-tax brackets to be shifted each year to account for inflation. Currently our state's tax brackets are set at an unchanging fixed amount; which with each passing year, may push some households into higher tax brackets as…
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