If you are an Arizona taxpayer, you may qualify for tax relief options. While the Department of Revenue hasn’t changed its state tax relief program, it does extend the filing deadlines for certain types of businesses and individuals. These options will reduce or eliminate your tax debts and raise your income. Many of these options also eliminate deductions for qualifying expenses, including medical costs, student loans, child care, and more. These benefits are especially useful if you’re behind on your taxes but aren’t sure how to get started.
One of the most popular forms of Arizona tax relief is a property valuation freeze. Homeowners with incomes below a certain amount are eligible to apply for this type of relief. This freeze limits the annual increase in property taxes. Individual property owners must earn at least $40,368 in 2022. Two or more people can apply. The property must be their primary residence. Arizona tax relief can help you lower your property taxes while protecting your assets.
Get a Free Consultation on Tax Relief
Before you hire an Arizona tax relief attorney, make sure you understand what they do and why they were chosen. You want a lawyer who is interested in your case, not just their bottom line. A qualified attorney will spend years studying the tax code and helping other clients in similar situations. This experience will make it easier for the lawyer to come up with the most efficient solution for you. There are many benefits to hiring an Arizona tax relief attorney.