It amazes me how many Arizonians are not familiar with some of the tweaks Arizona has in it’s tax law! One of the most basic examples is also one of the most missed. In Arizona car tags (yes, the amount you give to Arizona Department of Transportation (ADOT) annually or every other year) is considered property taxes. So a good portion of that payment is a tax deduction. Make sure your write down the amount, or bring your regestration form in when you see your tax professional.
If your tax ‘professional’ looks at you like your from Mars – it’s time for another tax guy. This little trick could save you a couple of hundred bucks on your 2008 income tax return. It is also one of the hundreds of tax savings tips that I presented on the DVD I just created.
