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...
by Scott Albert Mitchem, CPA | Published On Oct 10, 2018 | Attest, Price Kong Blog
By Scott Mitchem CPA, CVA, CFE We all read reports that fraud is on the rise. The ACFE’s report to the nation reports fraud statistics from 125 countries. But it does not happen to you every day. Your initial reaction will be some level of...
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...
by PKCPA | Published On Feb 9, 2018 | Price Kong Blog, Tax
Included in the Bipartisan Budget Act of 2018 signed by President Trump on February 9, 2018, are extensions of 32 deductions and credits that had expired at the end of 2016, and tax relief for California wildfire victims. The following key provisions are extended...