For the second straight year, Frazer Ryan is a Phoenix Business Journal “Best Places to Work” finalist, one of 100 companies recognized and the only law firm among finalists with 50-99 employees.
Continue Reading Phoenix Business Journal: Frazer Ryan a “Best Places to Work” finalist

A successful property tax appeal of new construction can reduce a property’s tax liability over the property’s life due to Arizona’s “Rule B” ratio.

“RULE B” VALUATION

To understand the effect of a “Rule B” valuation, let’s take a simple example of a newly constructed apartment. Suppose construction of your new apartment was completed in March 2023. The county assessor sends out a supplemental valuation for tax year 2024 in September 2023 and sets a full cash value of $30 million. In Arizona, the full cash value (FCV) is typically synonymous with market value. This is the easy part.

Just…
Continue Reading A once-in-a-lifetime opportunity to reduce property taxes in Arizona

Tax controversy attorney Trisha Farrow, a former IRS senior trial attorney, has joined Frazer Ryan Goldberg & Arnold in the law firm’s Phoenix office.
Continue Reading We welcome tax controversy attorney Trisha Farrow

Four Frazer Ryan partners are among

Phoenix

magazine’s “Top Lawyer” selectees for 2023

Featured in the magazine’s September 2023 issue are

David Cohen

(Corporate, Finance, M&A),

John Fitzpatrick

(Wills, Estates, Trusts),

Brandon Keim

(Tax Law), and

Lisa Reilly Payton

(Tax Law).

Selections are the result of a survey of Phoenix-area attorneys in all major practice categories.
Continue Reading "Top Lawyer": Phoenix magazine recognizes four Frazer Ryan attorneys

Frazer Ryan paralegal Rebecca Cutliffe has been selected as president-elect of the Maricopa County Bar Association Paralegal Division Board for 2023.
Continue Reading Rebecca Cutliffe selected president-elect of MCBA Paralegal Division Board

Twelve Frazer Ryan attorneys are among

The Best Lawyers in America

®

selections for 2024 announced this week, including first-time honoree

Brandon Keim

(Tax Law).

Repeating as honorees are

Jimmy Cool

, 

Scott Erickson,

John Fitzpatrick

, 

Doug John,

Cathy Knapp

, 

Jonathon Morrison

,

Lisa Reilly Payton

, 

Phil Rupprecht,

Jim Ryan,

 and 

T.J. Ryan

.

Afsanieh Rassti

again earned “Ones to Watch” recognition.

Inclusion in

The Best Lawyers in America

and

Best Lawyers ”

Ones to Watch” is based on comprehensive peer-review surveys, which this year totaled more than 16.1 million confidential evaluations nationally by…
Continue Reading Best Lawyers® honors 12 Frazer Ryan attorneys

Thirteen Frazer Ryan attorneys are among

The Best Lawyers in America

®

selections for 2024 announced this week, including first-time honoree

Brandon Keim

(Tax Law).

Repeating as honorees are

Jimmy Cool

, 

Scott Erickson,

John Fitzpatrick

, 

Doug John,

Cathy Knapp

, 

Jonathon Morrison

,

Lisa Reilly Payton

, 

Phil Rupprecht,

Jim Ryan,

T.J. Ryan

 and of counsel

Chuck Whetstine

.

Afsanieh Rassti

again earned “Ones to Watch” recognition. …
Continue Reading Best Lawyers® honors 13 Frazer Ryan attorneys

• individual income tax,

• commercial property tax, and

• residential rental tax.

The changes helped Arizona crack the top 20 business tax climates for 2023, at #19 nationwide, and move into third place regionally behind Nevada and Utah.

Flat-Rate Income Tax

Under the current law, Arizona taxpayers pay a single flat rate of 2.5%, the lowest top rate of any state with an individual income tax.

In establishing that rate, the Arizona legislature settled a contentious policy and legal debate that began in 2020, when Arizona voters approved Proposition 208, which would have imposed an income surtax of 3.5% on taxpayers earning…
Continue Reading Recent changes in Arizona tax law support a business-friendly climate in the Grand Canyon State

For the second consecutive year, Frazer Ryan Goldberg & Arnold LLP is one of 50 businesses listed among “Arizona’s Most Admired Companies.”

• Leadership Excellence

• Workplace Culture

• Corporate and Social Responsibility

• Customer Opinion

• Innovation

…
Continue Reading Frazer Ryan named one of “Arizona’s Most Admired Companies” for 2023

The Internal Revenue Service has extended for 2023 a waiver of required minimum distributions (RMDs) that the IRS provided for tax years 2021 and 2022.

The RMD waiver for 2023 is explained in

IRS Notice 2023-54

.

The earlier waivers were discussed in our October 17, 2022, article,

IRS Announces RMD Waivers for Some Beneficiaries of an Inherited IRA

, which explained that RMDs were waived for beneficiaries of an individual retirement account (IRA) in cases where the account holder:

• died on or after January 1, 2020, and

• had already attained his or her required beginning date (currently age 73).

…
Continue Reading IRS announces 2023 RMD waivers for some beneficiaries of an inherited IRA

The IRS has announced relief for individuals who turned 72 in 2023 and received, between January 1, 2023, and July 31, 2023, distributions that were mistakenly categorized as “required minimum distributions” (RMDs).

The announcement is contained in

IRS Notice 2023-54

.

Under the relief, if you reached (or will reach) age 72 in 2023 and received, prior to August 1, 2023, a distribution of what you thought was an RMD, the 60-day deadline for rollovers back to the IRA or qualified plan has been extended until September 30, 2023.

In addition, if you received another distribution from an IRA within…
Continue Reading IRS announces RMD relief for individuals attaining age 72 in 2023

Frazer Ryan tax controversy attorney Ida Araya has been selected by the State Bar of Arizona as one of 16 members of the Bar Leadership Institute for 2023-2024.
Continue Reading Ida Araya selected for Bar Leadership Institute

For the ninth consecutive year, Frazer Ryan Goldberg & Arnold has been recognized as one of the “Top Companies to Work For in Arizona.”

Frazer Ryan is the only Phoenix law firm among the 79 honorees.

Current-year selections were made public on July 11 and can be viewed at the

BestCompaniesAZ website

.

“We are honored to be recognized again by Top Companies to Work For,” said

Jim Ryan

, Frazer Ryan’s managing partner. “This award, like the eight that preceded it, is dedicated to our employees who make us a leading law firm.”

Arizona Capitol Times,

Best Companies Group,…
Continue Reading Frazer Ryan a "Top Companies to Work For" honoree for the 9th straight year