Two identical bills have been introduced this year in the Arizona legislature that would remove the sales tax added to feminine hygiene products, infant diapers and incontinence products - proposals supported by Gov. Katie Hobbs. Read more»

After both Intuit and H&R Block left the Free File program, the future of the program is unclear, and it’s still difficult to find truly free tax filing options. The IRS created a tool to help you find this year’s Free File options as it looks into creating a public filing system. Read more»

President Joe Biden and other Democratic leaders called on the House GOP to “show us their plan,” with lawmakers sharply divided on the debt limit and short on time after the country reached the limit earlier this month. Read more»

A provision of the American Rescue Plan Act which would have prevented states from using pandemic relief funds to offset new tax cuts cannot be enforced and violates the spending clause of the U.S. Constitution, a unanimous panel of the 11th Circuit ruled on Friday. Read more»

Found criminally liable for a tax evasion scheme at trial, former President Donald Trump’s real estate companies were ordered to split a $1.6 million fine, the maximum possible penalty for a corporate entity. Read more»

For the eighth straight month, and the eleventh time in the past year, Arizona medical marijuana sales dropped from the month prior - clocking in at about $31 million in October 2022 - while adult-use cannabis sales hit a new high in the same month, with more than $85.4 million. Read more»

The recently signed $1.7 trillion spending bill could accomplish what six years of IRS audits and DOJ prosecutions could not: shutting down “syndicated conservation easements” that exploit a charitable tax break meant to preserve open land. Read more»

The House Ways and Means Committee released former President Donald Trump’s tax returns Friday morning, the long-fought result of a campaign over three years in the making. Read more»

If you’re trying to evaluate a charity this year, you might have a hard time as the IRS is behind on releasing Form 990s, limiting access to key financial information the public uses to evaluate the nation’s tax-exempt companies. Read more»

Courts have protected states’ ability to tax most economic interactions between tribal-run entities and non-tribal companies or individuals, a modern version of wealth extraction, treating tribes as lesser entities whose sovereignty can be ignored. Read more»

Any last hopes of resurrecting the expanded child tax credit as part of Congress’ massive spending package were dashed early Tuesday when the 4,155-page bill was released without a mention of the tax benefit. Read more»

After an hours-long, closed-door meeting, the House Ways and Means Committee voted to release to the public former President Donald Trump’s tax returns, which he has fought to shield for more than three years. Read more»

Sales of marijuana in Arizona soared to $1.6 billion in 2021, just one year after recreational pot was legalized in the state, making Arizona second only to California for retail sales that year. Read more»

The Supreme Court declined to shield former President Donald Trump’s tax returns from a congressional subpoena - a battle that began in 2019 when the Ways and Means Committee first requested six years of Trump’s personal and business filings. Read more»

Arizona cannabis sales continued to decline in September, but dispensary owners say it is not an unexpected phenomenon and the market will continue to mature as it withstands a worldwide recession on the heels of a global pandemic. Read more»