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Some groups with ties to the Oath Keepers – an extremist group with leaders who were found guilty of seditious conspiracy connected to the Jan. 6, 2021, attack on the U.S. Capitol – were granted tax-exempt status.

The wide array of U.S. nonprofits includes many media outlets, chambers of commerce and political parties, but the IRS also granted tax-exempt status to extremists, including an Oath Keepers foundation – here’s why that’s not as surprising as it sounds. Read more»

Anita Verma-Lallian works at her desk in Paradise Valley. Verma-Lallian is the owner of Camelback Productions, which she says is Arizona’s first woman- and South Asian-owned film production and entertainment company.

Arizona’s original film tax credit was created in 2005 but shut down in 2010, after the state spent $6.3 million more in credits in 2008 than it generated in new taxes, but a new bill aims to ensure new film production tax credits benefit the state. Read more»

Arizona Senate President Warren Petersen attempted to dismiss rumors the legislature intends to stay in session until late into the year, but said (we) 'need to see where we are with nominations and other business on June 12.'

The Arizona Legislature is taking another extended break, this time for four weeks, ostensibly to allow lawmakers time to shore up their work on various projects, the fourth extended break of at least a week since the legislative session began in January. Read more»

Arizona's friendly property tax laws don’t help the housing crisis: Some 26% of housing stock in Maricopa County alone is investor or seasonally owned, and 15% of home buyers are from out of state.

Arizona is short more than 200,000 homes to match demand and lawmakers think they can fix that by gutting local zoning regulations, a strategy that has drawn heated opposition from cities across the state. Read more»

Arizona State Sen. Sally Ann Gonzales

"Unfortunately, just as America’s largest working generation begins to retire, the United States faces the frightening reality that Social Security and Medicare are running out of money, and Washington is running out of time to fix it." — State Sen. Sally Ann Gonzales Read more»

So far in the first three months of 2023, Arizona cannabis consumers have purchased 16,532 pounds of medical marijuana in various forms.

After nearly $1.5 billion in sales in 2022, Arizona’s cannabis market continues to be robust in the first months of 2023, driven by a growing recreational market, with the medical marijuana market remaining in a freefall. Read more»

Arizona is home to 24 Class III casinos, which contribute a percentage of their gross gaming revenue to the state, cities towns and counties.

Tribal gaming in Arizona is setting records through the first quarter of 2023, and the third quarter of fiscal year 2023 produced $27,607,589 for the Arizona Benefits Fund, a 19.9% increase from the same quarter in 2022, with contributions are closing in on $2 billion since 2004. Read more»

The tax deadline has been pushed back to April 18 this year, giving those leaving it to the last minute a few extra days - but why is Tax Day in April anyway? Read more»

Congress approved the legislation that provided the $80 billion in additional IRS funding in August amid a wave of objections from Republicans who said it would subject taxpayers to increased audits.

The Internal Revenue Service on Thursday detailed its plan to spend $80 billion in additional funding approved last year, including increasing its “focus on segments of taxpayers with complex issues and complex returns where audit rates are minimal today." Read more»

Companies like Venmo, Etsy and Airbnb will be required to issue tax documents to anyone earning more than $600 on their sites.

New rules are going to make sure the Internal Revenue Service gets more information about payments made to apps often used for informal work - and gig workers making at least $600 a year with a side hustle through an online platform should be on the lookout for a 1099-K. Read more»

The challenge of keeping Sun Tran free for riders is front and center before the Tucson City Council.

The Tucson city staff has some ideas to recoup the $10 million necessary to keep Sun Tran buses free. One of them is a parking levy. Local Republicans are not happy about it. Plus, Marana tackles AirBnbS, and more in local government meetings this week. Read more»

Officials attend the groundbreaking ceremony for Centerline on Glendale, a 368-unit complex designed for mixed-income housing and funded in part by a state low-income housing tax credit, on March 24, 2023.

Construction is underway in Glendale on an affordable housing complex funded in part by a state low-income housing tax credit that allows people to come on at any income level sponsored below 60 percent of the median and only pay 30 percent of their rent. Read more»

An Arizona Republican priority bill that sought to eliminate municipal food taxes was shot down by Gov. Katie Hobbs, who vetoed it Tuesday, siding with cities across the state that opposed the measure. Read more»

Attorney General Kris Mayes in January 2023.

Arizona Attorney General Kris Mayes joined nearly two dozen other states last week in defending the Deferred Action for Childhood Arrivals program on behalf of more than 30,000 Arizonans DACA recipients. Read more»

The credit, which was part of the American Rescue Plan Act, not only boosted the amount of money families received but also extended the age of qualifying children to 17.

The expanded child tax credit that families received in 2021 helped reduce child poverty across the country, but particularly in the South where families lack a sufficient safety net, according to a report that comes as some Democrats appear ready to attempt to revive the credit. Read more»

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