Phoenix residents and businesses should be aware of an upcoming change to the City of Phoenix Transaction Privilege and Use Tax (TPT) rates. This tax, often thought of as similar to sales tax though it's actually a tax on the business doing activity within the city, is scheduled to increase. On March 18, 2025, the Phoenix City Council approved Ordinance G-7369. This … [More]
CPA Group Announces First-Ever Director of Client Success
REDW Advisors & CPAs announced the appointment of Diana Gibson as its first-ever Director of Client Success. In her role, she will be responsible for fostering strong, enduring relationships between the fast-growing national firm and its clients, ensuring that they receive exceptional value from the wide array of services REDW Advisors & CPAs offers. Gibson will serve … [More]
Accounting Advisory Co. Introduces Newly Branded Professional Services Firm
Lohman Company, PLLC, a premier accounting and business advisory firm in the Valley, recently unveiled a new identity for its project-based professional services line, named First Chair. First Chair remains part of the Lohman Company family. First Chair is a project professional services firm for companies of all sizes that need highly experienced talent to take on critical … [More]
From Hours to Impact: Why Cooperation Beats Counting Time:
A common scenario: Partners are sitting around the table, ready to launch an exciting new project. Everyone’s brimming with ideas, enthusiasm and dreams of what they can achieve together. Then, someone asks, “How are we splitting the money?” A heavy silence falls over the room. Suddenly, the excitement is replaced by uncertainty and the collaborative spirit feels … [More]
The Seller Whisperer: Empathetic M&A Strategies to Drive Hyper-Rewarding Hypergrowth
It’s well known that most M&A deals fall short of their intended goals and many outright crash and burn. So why is one kind of dealmaker attaining outsized financial rewards together with highly personal wins for all parties involved in almost every deal? That’s the question Ignacio Macias and Carlos de Torres answer in The Seller Whisperer. And the only surprise, really, … [More]
Make Money Easy: Create Financial Freedom and Live a Richer Life
Lewis Howes, host of The School of Greatness, invites readers to align their financial goals with their Meaningful Mission to achieve lasting abundance and prosperity — addressing those who feel trapped by all their expenses every month, or who wonder how some people enjoy financial peace and freedom while others seem stuck. Until we learn how to shift our thoughts, feelings … [More]
4 Tips to Manage Finances for Successful Growth
Approximately 82% of small businesses that fail do so as a result of poor cash flow management — or a complete lack of understanding of cash flow. So how can business owners prepare themselves and avoid becoming a failed statistic? As someone who has helped companies manage and grow their finances to upwards of eight figures, I offer a few tips: Create a detailed … [More]
Energizing Arizona Businesses
SRP’s Business Demand Response Program helps prevent power outages during the busiest time of year and lowers operating costs for Arizona businesses
There is a reason the saying “When one of us wins, we all win” has withstood the test of time. In most cases it’s true, and Salt River Project’s Business Demand Response Program was designed with this adage in mind. This initiative endeavors to simultaneously prevent power outages during the busiest time of year and lower operating costs for Arizona businesses. The result of … [More]
Tax Time Guide 2025: Essentials Needed for Filing a 2024 Tax Return
As the 2025 tax filing season continues, the Internal Revenue Service encourages taxpayers to make essential preparations and be aware of significant changes that may affect their 2024 tax returns. This announcement marks the commencement of the Tax Time Guide series. The IRS uses this guide to provide updated information to assist taxpayers in filling an accurate return. A … [More]
Two Weeks Left to Renew 2025 Transaction Privilege Tax License
The Arizona Department of Revenue (ADOR) reminds businesses they are required to renew their transaction privilege tax (TPT) license before January 1, 2025 to continue conducting business in Arizona. Penalties will be assessed for all renewals after January 31. Unrenewed licenses will not be canceled and will be billed for renewal fees and penalties. Taxpayers should … [More]
Valley CPA Co. Names Principal in Audit and Assurance Practice
REDW Advisors and CPAs is pleased to welcome Matthew J. Robertson, CPA as a Principal in its Audit and Assurance practice. Robertson will support businesses in responsible growth and maturation, modernize established accounting policies and procedures, and support business development firmwide. He will also be focused on business development, mentorship, and community … [More]
Smart Year-End Tax Strategies for Business Owners
For many businesses, the fourth quarter is about more than closing sales or hitting revenue targets—it’s also about leveraging tax benefits to reduce liabilities and plan for a prosperous year ahead. Making these small but effective tax-based changes can make a significant difference in a company's bottom line. Whether you’re a small business owner or managing a larger … [More]
Fleet Maintenance Tips to Keep Your Business Running Smoothly
Maintaining a functioning working fleet of trucks is key to the success of any business that relies on transportation. Whether for a plumber, electrician, a roofing company or a water distribution company, keeping the vehicles maintained, running well and safe are key aspects of the business. Making sure preventive maintenance takes place with the business’s fleet of vehicles … [More]
Top Tax Advisors Firm Names New Leader for Phoenix
Grant Thornton, one of America’s largest brands of professionals providing end-to-end audit, assurance, tax, and advisory services, has named Jessica Estrada as the firm’s new market managing principal for Phoenix. In this role, Estrada will drive growth and lead strategy execution in the Phoenix market, while helping her team deliver personalized client experiences. Estrada … [More]
ADOR Asks That You Stay Connected for State Tax Updates and News
The 2025 tax season may seem far off into the future, but now is the perfect time to keep up on the latest news and updates from the Arizona Department of Revenue (ADOR). Taxpayers can easily access critical information and communicate with ADOR through LinkedIn, Facebook, X, YouTube, and NextDoor. ADOR shares new developments related to self-service enhancements, tax … [More]
Arizona’s Largest Locally Owned Public Accounting Firm Appoints Innovation Principal
BeachFleischman PLLC announces the promotion of Travis Jones, CPA, to Innovation Principal. Travis will lead efforts to enhance the firm's client experience, drive digital transformation, explore new business models, and optimize data-driven insights. He has 17 years of experience serving in the firm's accounting & assurance department. Travis also leads the firm's … [More]
Conducting a Mid-Year Financial Health Checkup
As we find ourselves midway through the year, it's a great moment to take stock of our financial journey so far and recalibrate for the months ahead. This is the time when many of us pause to review our progress, tweak our plans, and realign our aspirations to ensure a successful year's end. Take a moment to acknowledge your achievements thus far, rectify any missteps, and … [More]
Businesses Have a Role in Water Conservation
Water conservation is more than just individual acts of responsibility; it’s an investment into the future of local businesses, families and a vibrant Arizona. Although most of the water use in Arizona is isolated to outdoor functions, including landscape and agriculture, businesses from the retail to manufacturing spaces have the opportunity to reduce water use by adopting … [More]
