Webcast: Arizona Income Taxation: Update and Overview

Overview

The Arizona Income Tax Title in the Arizona Revised Statutes creates its own set of unique issues, borrowing from the Internal Revenue Code many times, but also introducing its own unique issues. This program will look at the structure of the Arizona income tax, with an emphasis on recent developments and changes in the law.

Highlights

Areas of “default” Arizona conformity with the Internal Revenue Code under current statutes.
Understand the specific rules related to additions and subtractions for Arizona income taxes.
Understanding the unique position of S Corporations for Arizona income taxes.
Dealing with credit issues, including the credit for taxes paid to other states and the special situation for the credit involving Arizona, California, Indiana, Oregon and Virginia.

Prerequisites

None

Designed For

CPAs in public practice and tax departments of large companies.

Objectives

Learn the structure of the Arizona income tax as it applies to individuals, corporations, S corporations, partnerships, trusts and estates.
Learn about the various credits made available against Arizona taxes.
Understand the problems and issues related to “conformity” that, under the Arizona state constitution, will arise each year.
Understand recent developments, with an emphasis on legislation passed in the current and previous legislative session.

Fees

Credits

Level

Code

Vendor

Fields of Study

Leader(s):

Edward K. Zollars, CPA, Thomas, Zollars & Lynch, Ltd.

Leader Bios

Edward K. Zollars, CPA, Thomas, Zollars & Lynch, Ltd.

Edward K. Zollars, CPA, is in public practice in Phoenix, Arizona as a partner with the firm of Thomas, Zollars & Lynch, Ltd. He has been in practice for more than 35 years, specializing in tax issues for closely held businesses and individuals. Zollars has been professionally involved with both tax and technology issues, combining the two disciplines in producing the Current Federal Tax Development Update Podcast and website, dealing with current tax issues. He has been a member of AICPA Tax Division Committees focusing on tax and technology issues and was the Tax Section’s representative on three occasions to the AICPA’s Top Ten Technologies project. He is also a member of the Phoenix Tax Workshop’s Advisory Committee and currently serves on the Tax Legislation Liaison Committee for the Arizona Society of CPAs. Zollars was selected as a Life Member by the Arizona Society of CPAs in May, 2010. Along with writing, editing and presenting courses for Loscalzo Institute, Zollars has written articles published in Practical Tax Strategies and the Tax Adviser. He has been a frequent contributor to a number of professional tax discussion groups, and served as systems operator on the AICPA’s Accountants Forum in the mid-1990s. He has spoken regularly on tax and technology topics since 1996, speaking before conferences sponsored by the AICPA and a number of state societies of CPAs.

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