by Dawn Anderson | Published On Jun 6, 2024 | Price Kong Blog, Price Kong Cares
Price Kong is honored to support the Phoenix Rescue Mission (PRM) 12th Annual city-wide Code:Red Summer Heat Relief Campaign. This fundraiser helps purchase water, sunscreen, and other items for Hope Totes that are delivered to unsheltered individuals across the...
by Dawn Anderson | Published On Dec 21, 2023 | Price Kong Blog, Tax
If you are considering purchasing an electric vehicle (EV) or a fuel cell vehicle (FCV) in 2023, you may be eligible for a tax credit up to $7500 thanks to the Inflation Reduction Act of 2022. Clean vehicle purchases made in 2022 and earlier may also be eligible. The...
by Dawn Anderson | Published On Dec 11, 2023 | Price Kong Blog, Tax
The Inflation Reduction Act of 2022 expanded credit amounts and types of qualifying expenses for homeowners that make energy improvements to their primary residence. Renters may also be able to claim credits, as well as owners of second homes used as residences. Below...
by Dawn Anderson | Published On Dec 11, 2023 | Construction, Price Kong Blog
A new provision in the Inflation Reduction Act of 2022 extends and enhances the energy efficient home credit, allowing contractors who build or substantially reconstruct qualified energy-efficient homes eligibility for tax credits up to $5,000 per home. The amount of...
by Tricia Tuchscherer-Nieva | Published On Dec 8, 2023 | Price Kong Blog, Tax
The new year will usher in a new reporting requirement for millions of companies. In 2021, the Corporate Transparency Act (CTA) created the Beneficial Ownership Information (BOI) Reporting Rule in an effort to discourage, identify, and investigate financial...
by Tricia Tuchscherer-Nieva | Published On Nov 18, 2022 | Price Kong Blog, Tax
A Form 1099-K, Payment Card and Third Party Network Transactions, is something that you should receive if you receive money through a third-party processor, such as for “crowdfunding,” “gig work,” or other transactions on a terminal, as well as through online...