News & Events

Arizona employers will have to contend with two new employment mandates this Fall and at the start of 2008. New Federal Homeland Security requirements, effective September 12, 2007, apply to Social Security Administration no-match letters. On January 1, 2008, a new state law becomes effective prohibiting the hiring of unauthorized […]

The Arizona Board of Education has adopted new regulations that govern school district procurement of construction services using alternative project delivery methods, including construction-manager-at-risk, design-build, job-order contracting and qualified select bidders list methods. The new regulations provide school districts direction on the procurement and contracting of these alternative project deliver […]

New IRS regulations have changed the manner in which we will communicate with you when giving tax advice. The new rules are found in Treasury Department Circular 230, which governs our practice before the IRS. In the past, many taxpayers who participated in aggressive tax shelters defended themselves against penalties […]

If you created a family limited partnership (FLP) in connection with your estate planning, this alert is for you. The IRS is auditing virtually every U.S. estate tax return where one of the assets was an interest in a FLP and a discount was claimed on the value of that […]

President Bush signed into law the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (the “Act”). This affects both consumer and business bankruptcies. Following are the most significant changes: Amendments Affecting Consumer Bankruptcies Reforms the bankruptcy system to be “needs based,” meaning that the extent of the relief afforded […]