Murphy Hokey Law

February 29, 2024

Taxing Times in Arizona: State Fights IRS Over Rebate Income

Arizona is taking a stand against the Internal Revenue Service (IRS) in a legal battle over the taxation of state-issued tax rebates. The dispute centers on the Arizona Families Tax Rebate, a program designed to provide financial relief to qualifying families, which the IRS has deemed taxable income. “This is unfair and illegal,” declared Arizona […]

IRS Announces 4th Stimulus Checks for 2024 – What You Need to Know

As discussions around economic recovery persist, the Internal Revenue Service (IRS) has initiated the distribution of the much-anticipated 4th round of stimulus checks in 2024. Eligible individuals are urged to familiarize themselves with the criteria and verify their payment status through accessible online tools. The 4th stimulus checks, part of ongoing efforts to provide financial […]

House GOP unveils $14.3 billion Israel aid bill that would cut funding to IRS

It was declared that House Republicans want to pay emergency aid to Israel by cutting the fundings which were earlier provided to IRS in Washington. The House GOP announced that they had released $14.3 billion standalone measures to pay emergency aid to Israel by cutting the funding that was allocated to IRS under the Inflation […]