by Scott Albert Mitchem, CPA | Published On Jun 5, 2019 | Price Kong Blog, Tax
This is an age old question for which there is no absolutely correct answer. There is no way to be exactly right, keeping something or destroying something each entails a certain amount of risk which no one can assume for you. Immediately below are my general...
by PKCPA | Published On Mar 19, 2019 | Price Kong Blog, Tax
After a 35 day shutdown, the IRS has once again opened its doors to taxpayers and tax professionals alike. While this comes as a relief to many who were worried about their refunds, it doesn’t come without complications. The agreement was that employees of the IRS...
by PKCPA | Published On Feb 18, 2019 | Price Kong Blog, Tax
Every year, before the beginning of every tax season, Arizona has typically determined whether or not it will conform to any new federal tax law changes. In years past, Arizona has conformed to new federal tax law without too much debate. However, with the new Tax...
by Scott Albert Mitchem, CPA | Published On Nov 19, 2018 | Price Kong Blog, Tax
By Scott Mitchem, CPA CVA CFE What is a purchase allocation and why would I need one? Too often, when negotiating the terms of the sale or purchase of a business the purchase allocation is ignored until after the sales contract is executed. The seller offers the stock...
by PKCPA | Published On Aug 27, 2018 | Price Kong Blog, Tax
Your State dollar-for-dollar tax credit contribution may need to be made by Monday, August 27, 2018 if you are planning utilizing it for a 2018 Federal deduction Yesterday, the IRS issued proposed regulations that could affect your ability to utilize your state...
by Scott Albert Mitchem, CPA | Published On Mar 30, 2018 | Price Kong Blog, Tax
The National Council for Aging has named the top 10 financial scams targeting seniors: Health Insurance and Medicare ScamsThe crooks pose as Government Medicare Agents trying to make a case against a doctor. They convince a senior to give them their Medicare...
