Arizona Republic: “Two Surprise residents have been indicted in a $2.5 million income-tax refund scheme, according to the U.S. Department of Justice.”
Phoenix Business Journal: “Arizona has the ninth-highest combined sales tax rate in the nation, according to a new study from the Tax Foundation.”
Deane Young and his wife Shelia Young of Overgard, Arizona, were convicted of tax fraud arising from their preparation of tax returns that claimed millions in bogus tax refunds. The returns claimed refunds of $12,000 to more than $368,000.
Arizona Republic: “Tax concerns could force the families of the 19 hotshots killed in the Yarnell Hill Fire to wait until next year to receive their share of $4.7million in donations collected in the wake of the tragedy. Officials with two firefighters associations in Phoenix and Prescott, which have collected more in donations than any other groups, said Friday that they are worried the families could receive the cash only to be hit with a giant tax bill.”
The IRS is tasked under Obamacare to administer the many tax provisions contained in the law. It created a website to educate people about the tax provisions at www.irs.gov/uac/Affordable-Care-Act-Tax-Provisions-Home. Here are some of the major topics on the site: