INDIVIDUAL
We believe that we have one of the best tax organizers around. We strongly encourage you to answer all questions as they were designed to uncover deductions and take credits that you may be eligible for.
The 2021 Tax Organizer can assist you in collecting and reporting information necessary for us to properly prepare your 2021 income tax return. Please complete the organizer sections as appropriate and provide supporting documentation where necessary. Contact our office at (480) 905-3640 regarding retainer amount due with the individual organizer.
The organizer is fairly lengthy to cover most all possible income and deductions. We have the organizer set-up so you can choose only the forms that apply to you. The first section contains the mandatory forms and questions. Choose only the forms in the second section that apply to you.
For returning clients, please call (480) 905-3640 or email for a customized tax organizer specific to your previous year tax return.
Complete and return this form if you want to Opt-out of electronically filing your 2021 individual income tax return. You can submit the completed form by email.
Please consider using this worksheet to document values for noncash property donations. This worksheet is provided as an aide in calculating most common noncash charitable donations. Our firm cannot guarantee or provide any assurance that the IRS will accept any of these values.
Under most situations, you are allowed to exclude the cancellation of debt income to the extent you are insolvent. The Insolvency Worksheet will assist you in determining whether you (and your spouse if applicable) were insolvent on the day before your debt was cancelled. By filling out and signing this form, it will help us in determining whether you qualify for the insolvency exclusion and the extent to which you may possibly exclude cancellation of debt income under Internal Revenue Code Section 108.
Individual Health Care Questionnaire
Health plans that qualify as minimum essential coverage
If you're covered by any of the following types of plans, you're considered covered under the health care law and don't have to pay a penalty.
Any Marketplace plan, or any individual insurance plan you already have
Any employer plan (including COBRA plans, with or without “grandfathered” status)
Retiree health plans
Medicare
Medicaid
The Children's Health Insurance Program (CHIP)
TRICARE (for current service members and military retirees, their families, and survivors)
Veterans health care programs (including the Veterans Health Care Program, VA Civilian Health and Medical Program (CHAMPVA), and Spina Bifida Health Care Benefits Program)
Peace Corps Volunteer plans
Self-funded health coverage offered to students by universities for plan or policy years that begin on or before Dec. 31, 2014
Other plans may qualify. Please ask your health coverage provider.
Health plans that don’t count as coverage.
Some products that help pay for medical services don't qualify as minimum essential coverage. If you have only this kind of product, you may have to pay the fee. Examples include:
Coverage only for vision care or dental care
Workers' compensation
Coverage only for a specific disease or condition
Plans that offer only discounts on medical services
For more information visit healthcare.gov
Summary of the Arizona Small Business Income (SBI) Tax which will impact Arizona individual tax returns.
We are now in full swing under the new tax laws. The Tax Cuts and Jobs Act (TCJA) was signed into law at the end of 2017, with taxpayers seeing the real effects when they filed their 2018 tax returns. This legislation has made a profound impact on many taxpayers and has created new planning opportunities. This summary is for educational purposes only and is not to be relied on for specific tax advice. Please contact us before undertaking any strategies as a result of information contained in this letter.
This memo is intended for any individuals that are 70 ½ years old or older who have an IRA account.
Summary of some of the key provisions which will impact your personal tax return this year.
Our analysis of some of the important changes in reporting and deducting entertainment and meals.
Our summary of the 2021 tax rates.
US & State Resources
BUSINESS
When a company makes one of its vehicles available to an owner or employee without charge, the company must calculate the value of any non-business use of the vehicle and report it on that individual’s Form W-2 as a taxable fringe benefit.
Please prepare one form for each owner or employee who is using a company vehicle (even if two employees share one vehicle), and fax or mail them to our office.
If your company is a Subchapter S corporation, or a Limited Liability Company that has elected to be taxed as a Subchapter S corporation, then the amount of any accident, health or long-term care insurance premiums paid by the company for the benefit of an individual who owns more than two percent (2%) of the company is also considered by the IRS to be a taxable fringe benefit.
Complete the form and return to us so we can provide you with the specific numbers and instructions for including this fringe benefit as taxable wages and the corresponding reporting of this benefit on Form W-2.
Complete and return this form and worksheet to us if you wish for us to prepare your Forms 1099. You are required to file and issue all 1099 forms by January 31, 2022. You can email the completed form securely, i.e. password protect or through our Client Portal.
As our engagement letter states, we are not engaged to detect fraud or any other accounting irregularities your employees or a co-owner may perpetrate. The purpose of this letter is to make you aware of the risk and mention a few minimal steps you should take to mitigate your risk. Because of the increasing number of employee frauds we are requiring that all business owners read and sign this Fraud Signature Letter.
Complete and return this form if you want to Opt-out of electronically filing your 2021 business income tax return. You can email the completed form.
Request For Taxpayer Identification Number & Certification
Please print and complete this form and return to us via email. This form is utilized to determine if your company might qualify for the employer tax credit for paid family and medical leave paid in 2021.
Please print and complete this form and return to us via email. This form is utilized to determine if your company might qualify for a beneficial tax credit for health insurance premiums paid in 2021.
Employee New Hire Forms
Complete this form so that your employer can withhold the correct federal income tax from your pay. You should consider completing a new Form W-4 each year and when your personal or financial situation changes.
Complete this form and return to your employer to elect an Arizona withholding percentage. Arizona withholding is a percentage of the amount of federal withholding withheld. You should consider completing a new Form A-4 each year and when your personal or financial situation changes.
Complete this form for any new hires and return to Arizona New Hire Reporting Center.
The purpose of this form is to document that each new hire is authorized to work in the United States.
US & State Resources
TRUSTS & ESTATES
Complete and return this form if you want to Opt-out of electronically filing your 2021 fiduciary income tax return. You can email the completed form.
We believe that we have one of the best tax organizers around. We strongly encourage you to answer all questions as they were designed to uncover deductions that you may be eligible for.
The Trust Tax Organizer can assist you in collecting and reporting information necessary for us to properly prepare your 2021 income tax return. Please complete the organizer sections as appropriate and provide supporting documentation where necessary. Contact our office at (480) 905-3640 regarding retainer amount due with the Trust organizer.
The organizer is fairly lengthy to cover most all possible income and deductions. We have the organizer set-up so you can choose only the forms that apply to you. The first section contains the mandatory forms and questions. Choose only the forms in the second section that apply to you.
For returning clients, please contact our office at (480) 905-3640 or via email for a customized tax organizer specific to your previous year tax return.
Complete and return this form if distributions were paid to any beneficiaries for tax year 2021. You can email the completed form securely, i.e. password protect or through our Client Portal.
US & State Resources
Estate Tax & Eldercare Links
The American College Of Trust And Estate Counsel
The Wills, Trusts, and Estate Planning Tabs from Nolo Press
A Service Of The National Council On Aging Includes more than 2,000 public and private programs for older Americans
The National Academy Of Elder Law Attorneys One of the leading organizations on elder law
Department Of Health And Human Services Allows you to find eldercare resources - U.S. Administration On Aging
Findlaw One of the leading legal search engines has a section on estate planning
American Society Of Appraisers
Read PLRs, IRS Materials And Court Cases On Estate, Gift And GST Taxes
Asset Protection Books By Attorneys Jay Adkisson and Chris Riser - includes state by state exemption statutes
The American Bar Association The American Bar Association has information for professionals, fiduciaries and family members