CPA, Tax Preparation and Accounting in Prescott Valley, AZ

We prepare and submit transaction privilege tax filings through the Arizona Department of Revenue, reporting city rates on that same state return. Contracting tax treatment depends on factors such as whether the work is prime contracting or maintenance, repair, replacement or alteration work, along with applicable exemptions and sourcing rules, so we log job site locations for crews working in more than one town and review each job against those distinctions. Purchases from vendors outside Arizona get reviewed so we can identify whether use tax is owed and report it. Once profits reach a steady level we also check whether the Arizona small business income election would help.