Tag: IRS decision
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Arizona Leaders Unite to Rescue State’s Family Tax Rebate Programfrom IRS
As tax season looms, bipartisan voices in Arizona are advocating for a reversal of the IRS decision to categorize the state’s family tax rebate program as taxable income on federal returns. The IRS ruling affects recipients of the 2023 Arizona Families Tax Rebate Program, initiated under Gov. Katie Hobbs wherein over 700,000 families were eligible…