If you live in Arizona and have trouble paying your taxes, there is tax relief available for you. The Arizona Department of Revenue has provided a 30 day extension on your payment deadline and will suspend interest and penalties on payments due on October 26 and October 31. In addition, you can request an additional extension if you need it for more than one tax return.
The IRS has a special program that can help people like you get a reduced tax bill. This is called an Offer in Compromise and it can be a great way to reduce your debt. However, this method requires you to show that your financial situation is dire and you are unable to make the payments. To receive the tax relief you need, you should work with a professional Arizona tax settlement company.
The TCJA has provided tax relief to many states, including Arizona. President Donald Trump signed it into law in December. However, despite this, Arizona is still grappling with how to respond to the federal changes. The state has not made a final decision on whether or not to conform to federal tax reform, and the legislative session will be divided over this issue.
If you donate to qualified charities or organizations, you can get a tax credit that can help reduce your overall state tax liability. The tax credit is a good way to give back to your community and help the people in need. You can claim a tax credit for as much as five years, and the credit is refundable.-