by Scott Albert Mitchem, CPA | Published On Aug 6, 2019 | Business Advisory and Accounting, Price Kong Blog
Here we go again… Last month (July 2019) over 100 million Capital One customers’ personal information was hacked in the latest mega data breach. Whether it was this breach, the Equifax breach, the IRS breach, Yahoo or any of the hundreds of reported and not reported...
by PKCPA | Published On Jul 29, 2019 | Price Kong Blog, Tax
The Tax Cuts and Jobs Act (TCJA) enacted on December 22, 2017 has made significant changes to the deductibility of certain types of business meals and entertainment expenses. The Act eliminates, or significantly limits, taxpayers’ deductions for meal and entertainment...
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 Troy Griffith, CPA | Published On Mar 19, 2019 | Business Advisory and Accounting, Price Kong Blog
One of the great challenges in business is leveraging all of the resources at your disposal. One such resource is the Arizona Commerce Authority. What is it? The Arizona Commerce Authority (ACA) is the state’s leading economic development organization. Created by the...
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...