Arizona Attorney General Sues IRS Over Taxation of Child Tax Rebates
Arizona Stands Up to IRS: State Fights Back on Taxing Its Own Rebate Program (PHOTO: CPA Practice Advisor)
Arizona Attorney General Sues IRS Over Taxing Child Rebates: Fighting for Fairness for Arizona Families
Arizona Attorney General Mayes has made a surprising move by suing the IRS. She believes that taxing the money given to Arizona families as a child tax rebate is wrong and not fair. Mayes thinks the IRS is treating Arizona differently from other states. The rebates were given to about 750,000 families in Arizona giving each family $250 per child up to $750. Despite Mayes asking the IRS to change its decision they said the money should be taxed. Now Mayes wants to stop the IRS from taxing the rebates and get back the taxes already paid by Arizonans.
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Arizona’s Republican Senate President Questions IRS Treatment of State’s Tax Rebates
Warren Petersen the Republican Senate President is also confused. He doesnt understand why Arizona is being treated differently. Many other states have given tax rebates without any federal taxes. The rebates were part of a plan by Governor Katie Hobbs to help people in Arizona. The plan got support from both Democrats and Republicans in the Legislature. Mayes says the plan was made based on advice from the IRS that the rebates would not be taxed.
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