Acknowledgement: This section on "ADOR Electronic Filing 2019", is provided by Phoenix Accounting Services as a "Public Service Announcement" for our new web site visitors/members. Here you will find the most up to date "Information" regarding "Arizona Department Of Treasury e-Filings". All articles provided by the "ADOR Electronic Filing 2019", are for educational purposes only. Phoenix Accounting Services, is not associated with nor is this a paid advertisement. _____________________________________________________________________________________________________________________________________________________
ADOR'S TPT ELECTRONIC FILING AND PAYING PROGRAM GOES INTO EFFECT JANUARY 1, 2019
Provided By: greg@phxaccts.com
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Under legislation that became law in 2017, business with annual transaction privilege tax (TPT) and use tax liability of certain thresholds, reducing each year, will be required to file and pay electronically starting in February 2018. For 2019, the threshold is $10,000.
E-filing and paying is more secure and faster for taxpayers and critical for ADOR to deliver a more results-driven, customer-focused management system that produces enhanced services for Arizonans.
Increasing electronic filing and payments also frees up additional ADOR resources to process tax returns and payments of all types much faster, further strengthens tax fraud prevention measures and enhances the taxpayer experience.
E-filing and paying is more secure and faster for taxpayers and critical for ADOR to deliver a more results-driven, customer-focused management system that produces enhanced services for Arizonans.
Increasing electronic filing and payments also frees up additional ADOR resources to process tax returns and payments of all types much faster, further strengthens tax fraud prevention measures and enhances the taxpayer experience.
Year Threshold for Electronic filing & payment
2018 $20,000 annual TPT Liability
2019 $10,000 annual TPT Liability
2020 $5,000 annual TPT Liability
2021 $500 annual TPT Liability
Arizona Revised Statue (A.R.S.) §42-5014 now sets the minimum thresholds for electronic return filing and A.R.S §42-1129 sets the minimum thresholds for electronic payment.
Is there a penalty for not filing and paying electronically?
There is also an update to the penalty for late filing. Under recent legislation, all late filing penalties will be a minimum of $25, including filings with zero liability.
To file and pay online, a business must be registered on www.AZTaxes.gov and utilizes Automated Clearance House (ACH) Debit, e-check or credit card as a payment method to comply with electronic funds transfer (EFT) payment requirements.
Is there a penalty for not filing and paying electronically?
- Taxpayers required to file an electronic return will be subject to a penalty of 5 percent of the tax amount due for filing a paper return. The minimum penalty is $25, including filings with zero liability.
- Taxpayers required to pay electronically will be subject to a penalty of 5 percent of the amount of payment made by check or cash.
There is also an update to the penalty for late filing. Under recent legislation, all late filing penalties will be a minimum of $25, including filings with zero liability.
To file and pay online, a business must be registered on www.AZTaxes.gov and utilizes Automated Clearance House (ACH) Debit, e-check or credit card as a payment method to comply with electronic funds transfer (EFT) payment requirements.
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Disclaimer: This web page is in regards to a public service announcement for information and informative educational material only, in compliance with 17 U.S.C. § 512 and the Digital Millennium Copyright Act ("DMCA"). Phoenix Accounting Services, is not affiliated with or endorsed by the parties of the above web site. We are not responsible for its ad’s or content. Any names or trademarks of third party social networking sites appearing, are the property of their respective owners.
Disclaimer: This web page is in regards to a public service announcement for information and informative educational material only, in compliance with 17 U.S.C. § 512 and the Digital Millennium Copyright Act ("DMCA"). Phoenix Accounting Services, is not affiliated with or endorsed by the parties of the above web site. We are not responsible for its ad’s or content. Any names or trademarks of third party social networking sites appearing, are the property of their respective owners.
