AA Tax CPA, LLC

Our office will be moving to a more central location this Fall! Details to come within the next few months.

Check out Purification, LLC, an innovative company in Tempe that installs UV-C technology in your home or workplace to kill harmful particles in the air such as Covid-19, Valley Fever, mold spores, and allergies.

Tempe-based company using UV lights to kill coronavirus particles Besides rendering the virus that causes COVID-19 inactive, the UV-C light can also be used to keep people safe from the spores that cause Valley Fever.

If you are anticipating the Child Tax Credit (CTC) on your 2021 tax returns, the IRS is paying this credit out to you now. This will reduce the amount of credit you receive when filing your tax returns next year, thus reducing your expected refund amount unless you OPT OUT NOW.

Check out our latest Blog Post for more information!

Tax Talk — AATaxCPA July 28, 2021 Jesse Milner Advanced Child Tax Credit Payments July 28, 2021 Jesse Milner If you are anticipating the Child Tax Credit (CTC) on your 2021 tax returns, the IRS is paying this credit out to you now. This will reduce the amount of credit you receive when filing your tax returns next year...

Questions about the Stimulus checks? Read our latest blog post for more information!

Where is my Stimulus Money!? — AATaxCPA Wondering why you haven’t received your stimulus money yet? All I can say is, be PATIENT . The IRS first needs to figure out how much to give you, and then how to distribute it to you, so there are several reasons that could delay their ability to do both. Below is a great article that should answ...

TAX REFUND!? TAX RELIEF? TAX REQUEST! = TAX RETURN

TAX REFUND!? – Originally the most dreaded day of the year, other than going to the dentist, today you might actually want to look at you bank account! Why? Today is the first day many Americans have received a stimulus payment called the ECONOMIC IMPACT PAYMENT.

If you filed your 2018 or 2019 tax return and had direct deposit, you might have already received this. If not, be patient as you will in the next week or so because they started with the lowest income and are working from there. If you did NOT file in 2018 or 2019, or you did NOT have a refund direct deposited, or you do NOT have the SAME direct deposit account, you need to go to the IRS website online tool for Non-Filers. Then to track your payment you can go to Get My Payment, but again be patient as the website is slow due to so much traffic.

Eligibility is largely based on income, and it excludes individuals earning more than $99,000 and married couples (without children) earning more than $198,000. Those who can be claimed as a dependent for tax purposes, like many college students, are also ineligible for the payments, as well as undocumented immigrants who don't have Social Security numbers. In general, individuals and heads of households are due up to $1,200 and married couples will receive up to $2,400, plus $500 per child. The payments start phasing out for individuals with adjusted gross incomes of more than $75,000, heads of households earning more than $112,500, and married couples who earn more than $150,000. The amount will then be reduced by $5 for every additional $100 of adjusted gross income and won't be offset by any back taxes owed and won't affect refund payments for 2019.

TAX RELIEF? – Originally the most dreaded day of the year, on April 9, 2020, the IRS extended the filing deadline from today, April 15th to July 15, 2020. There is NOTHING you need to do to get this relief and it also extends the time to pay any 2019 tax liability, extends the time to fund any retirement accounts for 2019, and extends the first and second quarter estimates for 2020, all WITHOUT penalty. Should you still need more time to file beyond July 15, 2020, you would then need to file the normal extension Form 4868 for individuals and Form 7004 for businesses on or before July 15, 2020 to request an extension to FILE ONLY (any taxes are still DUE!) until October 15, 2020.

TAX REQUEST! – Originally the most dreaded day of the year, if you file an Arizona state return and have a tax liability, today is the LAST day you can make an Arizona state Tax Credit donation and we REQUEST that if you received a stimulus payment, and if you are financially able too, to please donate to one of these charities as you will receive a dollar for dollar tax credit on your Arizona state tax return. We REQUEST that you donate to any charitable organization you believe in, as they are in desperate need of your financial support. And most importantly, we REQUEST that you help support your neighborhood restaurants, businesses and neighbors as there are far too many people and families in need.

So with your REFUND and RELIEF today, please extend KINDNESS as we all cope with our new normal and you will definitely see the RETURN.

Responsibilities
• Answer phones, transfer calls, and relay messages to staff
• Schedule appointments
• Greet clients
• Assemble completed tax returns
• Schedule delivery of completed tax returns
• Copy, file and scan documents

Skills/Requirements
• Warm and outgoing personality
• Exceptional customer service skills
• Proficient in Microsoft Office
• Strong written and verbal communication skills
• Detail oriented
• Organized and able to handle multiple tasks at one time

Hours and Pay
• Full time seasonal position from 12/02/19 – 04/15/20
• Office hours are Monday through Friday 8-4:30pm

There are some signification benefits related to the revised tax bill! Check out our latest blog post for highlights of the changes and our suggestions on things you can do by year end to permanently reduce your taxes.

Tax Reform – Now What? Tax Reform – Now What? The House and Senate have approved a reconciled version of the tax bill, which will be signed into law shortly. Most of the changes become effective for tax years beginning on or after January 1, 2018, but expire after 2025. Here are the details of the final tax agreement, a...

AA Tax CPA is hiring!

We are an expanding CPA firm looking for an entry-level employee who exhibits a great personality to assist with the bookkeeping for our firm’s small business clients.

Responsibilities
• Input transaction detail from client bank statements and reconcile accounts on a monthly basis
• Preparation of Financial Statements
• Establish and maintain a positive relationship with all clients and co-workers to promote a positive work and client environment

Skills/Requirements
• 1-3 years bookkeeping experience
• Exceptional customer service skills and the ability to develop strong client relationships
• Basic knowledge of accounting principles
• Experience with Microsoft Office and Excel; QuickBooks experience a plus
• Strong written and verbal communication skills
• High degree of accuracy and attention to detail

Pay
• $33,000 - $46,000; Based on experience
• Health benefits and PTO available with full time position
• Summer office hours are Memorial Day through Labor Day, 7:00am – 5:30pm, Monday through Thursday
• Regular office hours are 8:00am – 4:30pm, Monday through Friday

Email resumes to [email protected]

There is a new Arizona Sick Pay law taking effect July 1st, 2017 that all employers and employees should be aware of. Read our latest blog post for more information and please contact our office if you have any questions.

New Arizona Sick Pay Law Effective July 1st, 2017 Entitlement and Amount * Beginning July 1, 2017, employees are entitled  to earned paid sick time and accrue a minimum of one hour to earned paid sick time for every 30 hours worked, subject to the following limitations: o Employees whose employers have less than 15

Here's our latest blog post regarding Tax Tips for Students with a Summer Job. Check it out!

Tax Tips for Students with a Summer Job Is your child a student with a summer job? Here's what you should know about the income your child earns over the summer. All taxpayers fill out a W-4 when starting a new job. This form is used by employers to determine the amount of tax that will be withheld from your paycheck. Taxpayers w