Publication
Legal Alert – Arizona Offers Rare But Limited Opportunity to Avoid Penalties and Interest, and Optional Payment Plan – Application Deadline: October 31, 2016
by Craig R. McPike, Geoffrey L. Gunnerson and Hsin Pai
On the heels of a very successful program that ended less than a year ago, the Arizona legislature has required the Arizona Department of Revenue (ADOR) to establish and administer a second “tax recovery program” that can help qualifying taxpayers favorably resolve certain outstanding tax liabilities. This year’s program is generous considering that qualifying taxpayers can avoid all interest charges (a rare occurrence) and all penalties, and may elect to pay their tax liability over a two-year period. Interested taxpayers should take note of the limited window of opportunity – the deadline for applying is October 31, 2016.
About Snell & Wilmer
Founded in 1938, Snell & Wilmer is a full-service business law firm with more than 500 attorneys practicing in 16 locations throughout the United States and in Mexico, including Los Angeles, Orange County and San Diego, California; Phoenix and Tucson, Arizona; Denver, Colorado; Washington, D.C.; Boise, Idaho; Las Vegas and Reno, Nevada; Albuquerque, New Mexico; Portland, Oregon; Dallas, Texas; Salt Lake City, Utah; Seattle, Washington; and Los Cabos, Mexico. The firm represents clients ranging from large, publicly traded corporations to small businesses, individuals and entrepreneurs. For more information, visit swlaw.com.
