Tax relief in Arizona is a necessity for taxpayers struggling with unpaid taxes. There are several ways to obtain a tax reduction. Tax resolutions can include negotiating with the tax agency in a way that is most favorable for you. If you are unsure of the right route to take, consider working with a tax-relief expert.-
The Arizona Department of Revenue is currently offering tax relief to those affected by Hurricane Sandy. This relief is similar to that offered by the Internal Revenue Service, with applicable penalties and interest suspended. For example, you may qualify for a 60-day extension if your payment due date is October 26 through October 31. During the 30-day extension period, penalties and interest will be waived. You can even apply for an extension for additional tax returns if you feel the need.
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Arizona has historically enjoyed a competitive economic policy climate. This has led to a robust economy. In fact, the state has consistently ranked high in the Rich States, Poor States index. The TCJA, or Tax Cuts and Jobs Act, provides states with a significant windfall that can be used to boost their economy and improve their overall competitiveness.
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Those who donate to charitable organizations in Arizona can receive tax credits as well. This is a great way to give back to the community while reducing the state tax liability. These charitable donations can reduce your state tax liability by as much as $1,000 if you are married filing jointly.
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