Dear Clients and Friends,We hope this letter finds you in good health and enjoying the summer months. As we emerge from the last pandemic restrictions,...
Planning for the Unknown: Preparing for the Biden Tax Proposals
REDWThe Biden Administration’s American Families Plan and other tax proposals may complicate the tax landscape for high-income earners. Many of the proposals target taxpayers earning...
May 25, 2021
8 Min Read
Now is the Time to Maximize Lifetime Gifting Options
REDW Wealth ManagementIf it’s true that the future depends on what you do today, there couldn’t be a better time than now to consider succession and wealth...
Dec 22, 2020
22 Min Read
Arizona Voters Approve Proposition 208 — Start Planning for New 3.5% Income Tax Surcharge
Now is the time for higher-income Arizona taxpayers to start planning for the 3.5% income tax surcharge created by the recent passage of Proposition 208.The...
Nov 13, 2020
3 Min Read
IRS Update on Individual Stimulus Payments
REDWIn an April 10 announcement, the IRS unveiled new tools for tax filers looking to claim their Economic Impact Payments. The first tool allows non-filers...
Apr 10, 2020
2 Min Read
REDW Update to COVID-19 Response
Steve CoganAs the COVID-19 crisis accelerates and we, as a global community, continue to navigate these uncharted waters, REDW is implementing its own response plans that...
Mar 25, 2020
5 Min Read
REDW′s Response to COVID-19 – Implications for Health and Business
Steve CoganAs public health concerns relating to the Coronavirus continue to grow, I wanted to reach out to our clients and friends to let you know...
Mar 13, 2020
4 Min Read
IRS Clarifies Tax Treatment of State and Local Tax Refunds
James OrtizThe Internal Revenue Service has provided clarification – including detailed examples – of the tax treatment of state and local tax refunds arising from any...
Apr 3, 2019
7 Min Read
An IRS Update: What Works and What Doesn’t During the Shutdown
REDWThe IRS has announced that due to the lapse in appropriations that began on December 22, 2018, most IRS operations are closed during the shutdown.Under...
Jan 16, 2019
6 Min Read
The Redesigned Form 1040
REDWThe IRS has redesigned the 2018 Form 1040, the U.S. Individual Income Tax Return. The new form will replace not only the current Form 1040,...
Jan 10, 2019
5 Min Read
2018 Year-End Tax Planning Guides for Individuals and Businesses
REDWNearly one year after the Tax Cuts and Jobs Act (TCJA), tax reform is still making headlines. We continue to learn more about its broad...
Dec 12, 2018
4 Min Read
South Dakota Wins in Supreme Court Decision on South Dakota v. Wayfair
James OrtizExplosion in Online Sales Has Changed Business DramaticallyThe U.S. Supreme Court today handed down a decision on the highly anticipated South Dakota v. Wayfair case,...
Jun 21, 2018
5 Min Read
Tax Scammers Don’t Take a Summer Vacation, IRS Warns
REDWMany taxpayers recently filed their taxes and may be waiting for a response from the IRS. Because of this, summertime tends to be a period...
Jun 18, 2018
5 Min Read
IRS Issues New Warning on Refunds Email Scam
REDWThe Internal Revenue Service is urging taxpayers to be alert to identity theft scams, especially a new email version currently pretending to be from “IRS...
Apr 12, 2018
6 Min Read
10 Things Individuals Need to Know About Tax Reform
REDWFrom lowered income tax rates and doubled standard deductions, to caps on mortgage interest and state and local deductions, Americans may feel a significant impact...
Apr 3, 2018
8 Min Read
IRS Issues “Dirty Dozen” Tax Scam List
REDWThe Internal Revenue Service has released its annual “Dirty Dozen” list of tax scams with a warning to taxpayers to remain vigilant about these aggressive...
Apr 2, 2018
9 Min Read
Contribute to an IRA by April 17, Claim It on Your 2017 Tax Return
Alliance Benefit Group SouthwestThe Internal Revenue Service reminds taxpayers that it’s not too late to contribute to an Individual Retirement Arrangement (IRA) and still claim it on a...
Mar 26, 2018
7 Min Read
How the Tax Bill Impacts Homeowners
REDWThe Tax Cuts & Jobs Act (TCJA) was approved by Congress December 20, 2017, and signed by President Trump on December 22, 2017. The Act...
Feb 19, 2018
4 Min Read
Tax-Free Purchases Online May Come to an End with Supreme Court Ruling
James OrtizOn January 12, 2018, the United States Supreme Court made the decision to hear State of South Dakota vs Wayfair Inc., Overstock.com, Inc., and Newegg...
Jan 24, 2018
3 Min Read
2017 Proposed Tax Reform Legislation – Explained
REDWOn December 2, 2017, the Senate passed its version of the “Tax Cuts and Jobs Act.” This proposed tax reform will be reconciled with the...
Dec 11, 2017
1 Min Read
Tax Planning for 2018: 5 Arizona Individual Tax Credits to Know
REDWThe State of Arizona has a variety of tax credit options which allow you to direct your tax dollars to a qualified charitable organization or school....
Dec 4, 2017
1 Min Read
Equifax Data Breach Update: Proactive Tips
REDWIn response to the data breach Equifax, one of the three major consumer credit reporting agencies, recently announced, REDW Stanley is sharing some helpful tips....
Sep 19, 2017
5 Min Read
Should I File an Income Tax Extension?
REDWFor some taxpayers, requesting a tax return extension is a regular, yearly occurrence. Yet for others, the notion of requesting time beyond the original due...
Aug 29, 2017
8 Min Read