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...
by PKCPA | Published On Jan 2, 2019 | Business Advisory and Accounting, Price Kong Blog
With the start of a New Year, New Year resolutions are not the only items we should be tending to. In this case, there are new Arizona laws that begin to take into effect on January 1, 2019. Included in these new Arizona laws is the increase in Arizona’s minimum wage....
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...
