(844) 589-9732

Arizona Taxpayer Bond For Contractors

April 9, 2020

The Arizona taxpayer bond for contractors is a requirement of contractor businesses based outside of Arizona or those contractor businesses which have operated within Arizona for less than 1 year. The purpose of the bond is to guarantee your payment of taxes. We offer this bond for 2% on approval of satisfactory credit. 844-589-9732.

Arizona Taxpayer Bond For Contractors

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Surety Bond Requirement, Purpose, And Amount

 

 

 

Contractors who are licensed in Arizona, and who are either based outside of the state, or have conducted business in Arizona for less than 1 year, are required to furnish evidence of financial responsibility in the form of a surety bond.

The purpose of the surety bond requirement is to serve as a financial guarantee that all taxes owed to the state of Arizona, including any Arizona state entities, are paid in a timely manner.

The surety bond amount is a minimum $2,000 surety requirement; however, the amount according to Arizona Revised Statutes § 42-5006 may be increased in increments of $5000.

The surety bond amount, ultimately, will be determined by what you may expect to reasonably incur in taxes within 150 days.

 

 

 

Qualifying and the Premium

 

 

 

Qualifying for the Arizona taxpayer bond for contractors includes completing an application and undergoing an underwriter review, which includes a credit check inquiry.

Our agency can begin the application with you over the phone, but you’ll need to sign the application before it’s reviewed.

To be approved, good credit is required; the approval rate is 2% of the surety bond amount.

Upon approval of your contractor taxpayer surety bond and payment of the premium, our agency issues your bond to you immediately.

A surety bond and a Power of Attorney will be mailed to you. Upon receipt, you’ll sign your bond as Principal, filing it to:

State of Arizona

Department of Revenue

1600 W. Monroe

Phoenix, AZ 85007

 

 

 

Surety Bond Duration

 

 

 

The taxpayer bond for contractors is issued for a standard one year term.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, court, probate, and other surety bonds in Arizona and all 50 states.

Please call our agency today at:

 

844-589-9732

 

Or, you may fill out the form below and a Surety Agent will contact you...

Request a Callback

  • MM slash DD slash YYYY
  • Please note: We do not share or rent your address to anyone, except for underwriting purposes associated with your surety bond.
  • This helps us to find exactly the surety bond that you require. By the way, it's perfectly OK to not know the type of surety bond you need; that's why we're here!
  • This field is for validation purposes and should be left unchanged.

BE IN TOUCH

CONTACT US