Tax

Tax Services

Our experienced tax professionals are committed to minimizing your tax burden and helping you stay ahead of constantly changing tax laws.

In addition to being current on tax laws and regulations, we strive to be proactive in identifying tax-planning opportunities.

What is the "WALKER & ARMSTRONG DIFFERENCE"?

WALKER & ARMSTRONG TAX PROFESSIONALS

  • Eric Rogina, MBA, Director of Client Services & Operations
  • TAX SERVICES FOR FAMILIES & INDIVIDUALS

    Our trained tax professionals are working for you to identify allowable deductions and credits. Our objective is to provide you with the most advantageous tax treatment while complying with all applicable laws and regulations. In addition, we can assist with advising on tax-planning matters such as the timing of deductions, income projections, bankruptcy, divorce and other pertinent matters.

    ARIZONA INCOME TAX CREDITS

    Child at school writing in a workbook.

    Arizona taxpayers can directly offset a portion of their Arizona income taxes by making charitable contributions to four types of qualifying entities: Private School Tuition Organizations ... Qualified Charitable Organizations ... Qualified Foster Care Organizations ... and Public Schools (district and charter)


    For more information about 2024 Arizona tax credits and to donate directly to qualifying organizations of your choice, click on the button below.

    Arizona Tax Credits

    TAX SERVICES FOR BUSINESSES

    • Business Taxation

      We understand the unique tax rules that govern for-profit businesses.


      In addition to tax preparation services, our tax professionals are available to provide tax advice to closely held companies on matters such as the following:


      • Business formation
      • Entity selection
      • Government agency audits
      • Multi-state tax matters
      • Lease-versus-buy analysis
      • Deferred compensation matters
      • Fringe benefit packages
      • Mergers and acquisitions

      We are always available to answer your routine and complex tax questions.

    • Qualified Facility Tax Credit

      Walker & Armstrong helps companies receive the Qualified Facility tax credit.


      The Qualified Facility tax credit is an Arizona refundable credit that promotes the location and expansion of manufacturing facilities, including manufacturing-related research and development or headquarters facilities. This valuable state income tax credit is equal to the least of the following:


      • 10% of the qualifying capital investment, or
      • $20,000 per net new job at the facility, or
      • $30 million per taxpayer per year.

      After you have completed the pre-approval application process:


      • You will enter into a written managed review agreement with the Arizona Commerce Authority (ACA).
      • Walker & Armstrong's professionals are ACA-approved to perform the written managed review.
      • After we submit our report to the ACA, you can submit an Application for Post-Approval, which paves the way for the tax credit.

      Managed Review Testimonial - Economic Incentives Advisory Group


      DOWNLOAD THE TESTIMONIAL HERE


      "Walker & Armstrong ... has been exceptional in its professionalism, technical knowledge, communication skills, and response time. ... As we manage the day-to-day requirements of the program for our clients, we know that we can count on Walker & Armstrong to perform the Managed Review portion of the process efficiently and effectively and with complete respect to our clients and their schedules."


      For more information about the Qualified Facility tax credit, visit the Arizona Commerce Authority website.

      LEARN MORE ABOUT THE TAX CREDIT
    • Taxation of Not-for-Profit Entities

      We can help you become compliant with tax laws related to your not-for-profit organization.


      The complexities of the tax reporting laws related to not-for-profit entities continue to increase as constituents demand greater transparency in reporting.


      As the Form 990 is a public document, we recognize the importance of accuracy and full disclosure and strive to provide the highest quality in this regard. In addition, we understand the complexities surrounding unrelated business income tax (UBIT) calculations and reporting.


      See:


      UBIT: A Walker & Armstrong Primer for Not-for-Profit Entities

    • Taxation of Estates & Trusts

      Our tax professionals have an in-depth knowledge of tax laws applicable to estates and trusts.


      We can assist you in navigating through the maze of compliance and reporting requirements.

    We understand the unique tax rules that govern for-profit businesses.

    In addition to tax preparation services, our tax professionals are available to provide tax advice to closely held companies on matters such as the following:


    • Business formation
    • Entity selection
    • Government agency audits
    • Multi-state tax matters
    • Lease-versus-buy analysis
    • Deferred compensation matters
    • Fringe benefit packages
    • Mergers and acquisitions

    We are always available to answer your routine and complex tax questions.

    Walker & Armstrong helps companies receive the Qualified Facility tax credit.

    The Qualified Facility tax credit is an Arizona refundable credit that promotes the location and expansion of manufacturing facilities, including manufacturing-related research and development or headquarters facilities. 


    This valuable state income tax credit is equal to the least of the following:


    • 10% of the qualifying capital investment, or
    • $20,000 per net new job at the facility, or
    • $30 million per taxpayer per year.

    After you have completed the pre-approval application process:


    • You will enter into a written managed review agreement with the Arizona Commerce Authority (ACA).
    • Walker & Armstrong's professionals are ACA-approved to perform the written managed review.
    • After we submit our report to the ACA, you can submit an Application for Post-Approval, which paves the way for the tax credit.

    Managed Review Testimonial - Economic Incentives Advisory Group


    DOWNLOAD THE TESTIMONIAL HERE


    "Walker & Armstrong ... has been exceptional in its professionalism, technical knowledge, communication skills, and response time. ... As we manage the day-to-day requirements of the program for our clients, we know that we can count on Walker & Armstrong to perform the Managed Review portion of the process efficiently and effectively and with complete respect to our clients and their schedules."


    For more information about the Qualified Facility tax credit, visit the Arizona Commerce Authority website.

    We can help you become compliant with tax laws related to your not-for-profit organization.

    The complexities of the tax reporting laws related to not-for-profit entities continue to increase as constituents demand greater transparency in reporting.


    As the Form 990 is a public document, we recognize the importance of accuracy and full disclosure and strive to provide the highest quality in this regard. In addition, we understand the complexities surrounding unrelated business income tax (UBIT) calculations and reporting.


    See:


    UBIT: A Walker & Armstrong Primer for Not-for-Profit Entities

    Our tax professionals have an in-depth knowledge of tax laws applicable to estates and trusts.

    We can assist you in navigating through the maze of compliance and reporting requirements.

    PRACTICAL TAX ARTICLES

    By Walker & Armstrong LLP July 31, 2024
    In today’s digital age, hackers are becoming more creative in stealing personal identifiable information (PII).
    Walker & Armstrong logo
    By Walker & Armstrong LLP November 28, 2023
    As the end of the year approaches, now is a good time to consider strategies that might help lower your 2023 tax bill.
    Walker & Armstrong logo
    By Walker & Armstrong LLP November 28, 2023
    As the end of the year approaches, now is a good time to consider some planning moves that may help lower your tax bill for 2023.
    Walker & Armstrong logo
    By Walker & Armstrong LLP January 9, 2023
    The new exception allows eligible partnerships and S corporations to avoid the headaches generally associated with meeting the K-2 and K-3 reporting requirements.
    Walker & Armstrong logo
    By Walker & Armstrong LLP August 29, 2022
    Most of the Act’s outlays are for green energy incentives, mostly in the form of tax credits. In some cases, the credits are extensions and expansions of current credits, such as for electric vehicles or residential energy property
    Walker & Armstrong LLP
    By Walker & Armstrong LLP December 1, 2021
    Arizona taxpayers can directly offset a portion of their Arizona income taxes by making charitable contributions to four types of qualifying entities: private school tuition organizations, qualified charitable organizations, qualified foster care organizations, and public schools (district and charter).
    Walker & Armstrong LLP
    By Walker & Armstrong LLP November 15, 2021
    The ERTC expired retroactive to September 30, from December 31. If you claimed the credit for wages paid in October and November and reduced your tax deposits accordingly, those amounts must now be deposited.
    IRS building in Washington, D.C.
    By Walker & Armstrong LLP August 23, 2021
    Most letters and notices from tax agencies are about tax returns or tax accounts, pertain to a specific issue, and include specific instructions on what to do.
    By Walker & Armstrong LLP January 11, 2021
    As part of its ongoing security measures, the Internal Revenue Service has expanded the IRS Identity Protection PIN (IP PIN) Opt-In Program to all taxpayers who can properly verify their identities. The IRS urges taxpayers to opt in to the IP PIN program in 2021, to take proactive measures against identity theft.
    Walker & Armstrong LLP
    By Walker & Armstrong LLP August 14, 2014
    The three-year rule applies to many business and personal tax records, but in some cases records must be retained for up to six years or longer.
    By Walker & Armstrong LLP July 31, 2024
    In today’s digital age, hackers are becoming more creative in stealing personal identifiable information (PII).
    Walker & Armstrong logo
    By Walker & Armstrong LLP November 28, 2023
    As the end of the year approaches, now is a good time to consider strategies that might help lower your 2023 tax bill.
    Walker & Armstrong logo
    By Walker & Armstrong LLP November 28, 2023
    As the end of the year approaches, now is a good time to consider some planning moves that may help lower your tax bill for 2023.
    Walker & Armstrong logo
    By Walker & Armstrong LLP January 9, 2023
    The new exception allows eligible partnerships and S corporations to avoid the headaches generally associated with meeting the K-2 and K-3 reporting requirements.
    Walker & Armstrong logo
    By Walker & Armstrong LLP August 29, 2022
    Most of the Act’s outlays are for green energy incentives, mostly in the form of tax credits. In some cases, the credits are extensions and expansions of current credits, such as for electric vehicles or residential energy property
    Walker & Armstrong LLP
    By Walker & Armstrong LLP December 1, 2021
    Arizona taxpayers can directly offset a portion of their Arizona income taxes by making charitable contributions to four types of qualifying entities: private school tuition organizations, qualified charitable organizations, qualified foster care organizations, and public schools (district and charter).
    Walker & Armstrong LLP
    By Walker & Armstrong LLP November 15, 2021
    The ERTC expired retroactive to September 30, from December 31. If you claimed the credit for wages paid in October and November and reduced your tax deposits accordingly, those amounts must now be deposited.
    IRS building in Washington, D.C.
    By Walker & Armstrong LLP August 23, 2021
    Most letters and notices from tax agencies are about tax returns or tax accounts, pertain to a specific issue, and include specific instructions on what to do.
    By Walker & Armstrong LLP January 11, 2021
    As part of its ongoing security measures, the Internal Revenue Service has expanded the IRS Identity Protection PIN (IP PIN) Opt-In Program to all taxpayers who can properly verify their identities. The IRS urges taxpayers to opt in to the IP PIN program in 2021, to take proactive measures against identity theft.
    Walker & Armstrong LLP
    By Walker & Armstrong LLP August 14, 2014
    The three-year rule applies to many business and personal tax records, but in some cases records must be retained for up to six years or longer.
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