Webb's Tax Service

(602) 228-3288

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Webb's Tax Service

(602) 228-3288

  • Home
  • Helpful Files

Providing Professional Tax Preparation Services

Providing Professional Tax Preparation ServicesProviding Professional Tax Preparation ServicesProviding Professional Tax Preparation Services
Book an Appointment

Providing Professional Tax Preparation Services

Providing Professional Tax Preparation ServicesProviding Professional Tax Preparation ServicesProviding Professional Tax Preparation Services
Book an Appointment

About Us

Your Taxes, Simplified

We’re dedicated to our clients. We keep up to date with the current tax laws so you don't have to.

Small Firm for Personalized Tax Services

  • Individual tax returns
  • Small Business consultation and preparation
  • Clergy Expertise
  • No Product Sales
  • 20 years of experience

Expert Tax Services for Small Businesses

Tax Preparation

We offer comprehensive tax preparation services for small businesses, ensuring all your tax forms are accurate and filed on time. Our team of tax experts will work with you to maximize your deductions and minimize your tax liability.

This business is limited to sole proprietorship with one owner or joint spouse owners with LLC or SCopr designations only. 

Tax Planning

My tax planning services can help you save money on your taxes by identifying opportunities for deductions and credits.I'll work with you to develop a tax strategy that aligns with your personal and/or business goals and minimizes your tax burden.

Tax Resolution

Small Business Consulting

Small Business Consulting

Dealing with the IRS can be stressful and overwhelming. As an IRS AFSP provider, I provide  tax resolution services for tax returns that I prepare and can help you resolve any tax issues you may have and get back on track with your finances.

(Note: I cannot represent you in tax court. For that, you will need a tax attorney or and Enrolled Agent.)

Small Business Consulting

Small Business Consulting

Small Business Consulting

I am here to help you set up or manage your small business for tax purposes, including service businesses , direct sales, and mom and pop establishments with no employees. 

Arizona Tax Credits

I am CRAZY about the Arizona tax credits. They give every taxpayer the opportunity to divert their state tax payments to a fund of their choice! 


HOW DOES THIS WORK?


Almost every Arizona taxpayer pays Arizona State taxes. Most will see them paid through withholdings from their paychecks. But this does not mean that you have to just give Arizona your money and let them spend it however they want to. Arizona allows for many dollar-for-dollar tax credits to allow you to decide how your tax money is spent. 


The dollar-for-dollar tax credits are:

Form 321: Qualified Charitable Organizations (Max credit $470/$938)

Form 322: Contributions or fees paid to Public Schools (Max credit $200/$400)

Form 323: Contributions to Private School Tuition Organizations (Max $731/$1459)

Form 348: Addl contributions to PSTOs (Max $766/$1527)

Form 340: Military Family Relief Fund (current year only) (Max $400/$800)

Form 352: Contributions to Qualified Foster Care Organizations (Max $587/$1173)


Taxpayer example 1: 

You are married. Your combined Adjusted gross income (AGI) is $89,300. Your AZ  AGI is also $89,300. You take the standard deduction of $27,700, which makes your taxable income $61,600. Your AZ tax LIABILITY is $1,540.  You had $1,800 combined withholdings and your refund is $260. 

You can choose to have the State of Arizona refund the $260 to you OR, you can take advantage of the dollar-for-dollar tax credits. 

NO TAX CREDITS = Arizona sends you $260

You can give until April 15th, 2025 to get the following tax credits:

Form 321, 322, 323, 348 & 352

You can give until December 31, 2024 for the form 340 credit


Tax credit example 1: 

You decide to give $600 to the 321 credit, $400 to your kid's school for basketball, and $540 to the 352 credit. 

Your tax liability will now be $0 and you will get a refund of $1,540.


Tax credit example 2: 

You got a big bonus in January! You decide to max out the credits and give $938 to the 321 credit, $400 to your kid's school for basketball,  $1173 to the 352 credit and $1459 to the 323 credit.

Your tax liability will now be $0 and you will get a refund of $1,800. You will have CARRYOVER CREDITS in the amount of $2430 to use in future years.


Tax credit example 3:

You're living paycheck to paycheck.  You decide to give $200 to the 321 credit because you love the Food Bank and $300 to your kid's school for Band camp.

Your tax liability will now be $1,040 and you will get a refund of $760.


If you would like me to give you examples for your specific situation, send me a message and I can set up a time to go over the different options. Many of my customers do the tax credits with me when I do their tax returns. 

The only credit that you MUST do in the applicable tax year is the Military Family Relief fund credit. https://dvspay.az.gov/mfrf-tax-credit

Click the link below to see the qualified organizations for each credit.


AZ tax credit links

Getting Ready to file your 2024 Taxes!

Here are just a few things to look for

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Webb's Tax Service

(602) 228-3288

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