Internal Revenue Service

Scams

Arizona Attorney General Warns of Scams During Tax Season

With the April 18th income tax deadline approaching, Arizona Attorney General Mark Brnovich is urging Arizona consumers to be aware of potential tax-related scams. “It’s sad, but crooks and con artists will say and do anything to rip you off, even stooping so low as to pretend to be with the IRS,” said Attorney General Mark Brnovich.

Financial

Rep. Bolick Condemns Congressional Democrats’ Plan to Monitor All Banking Transactions of Americans

State Representative Shawnna LM Bolick released the following statement today in response to a plan by congressional Democrats that would allow the IRS to monitor all banking transactions of Americans with financial accounts over $600. “Democrats in Congress are currently pushing a reconciliation plan that places troubling new reporting requirements on our nation’s financial institutions

Taxes

Direct child tax credit checks start for thousands of Arizona families

Gilbert resident Lori Ament said she and her husband both work full time to support themselves and their 5-year-old son and are getting by. But not much more. “We can barely afford child care which my son needed, and some regular doctors’ appointments, which meant medical care copays,” Ament said. “And I didn’t have the

Taxes

IRS readies nearly 4 million refunds for unemployment compensation overpayments

The Internal Revenue Service announced today it will issue another round of refunds this week to nearly 4 million taxpayers who overpaid their taxes on unemployment compensation received last year. The American Rescue Plan Act of 2021, which became law in March, excluded up to $10,200 in 2020 unemployment compensation from taxable income calculations. The