Tax Impact of the American Dream Act Arizona

Posted by on Apr 17, 2019 in Blog |

Arizona has the most complicated and complex property tax system in the nation. In basic terms, it is often described as a “share of the pie” system.  Taxing districts decide how much they want to spend and then property owners are given a bill for their “share of the pie” based on their property tax classification and assessed valuation. During an economic downturn when property values plummet, taxing districts collect the same desired amount...

Read More

New statewide property tax considered to fund education

Posted by on Apr 9, 2019 in News |

Several formulas are under consideration to increase taxes in order to increase education funding.  A new statewide property tax is one of the possibilities.  Currently, the state of Arizona does not have a property tax so this would be a new tax added to your property tax bill.  Can seniors afford it?  Read more

Read More