by Mark Sullivan | Published On Jan 21, 2026 | Price Kong Blog, Tax
When IRS Matters Escalate, Experience Matters Nationwide federal tax controversy representation for audits, collections, appeals, and enforcement matters Not all IRS matters are created equal. While many tax issues can be resolved through routine compliance or...
by Mark Sullivan | Published On Jan 8, 2026 | Price Kong Blog, Tax
U.S. Passport Revocation and Application Denial: IRS Collection Weapon in Action U.S. citizens that have racked up unpaid tax liabilities may be risking their ability to travel using a passport. Pursuant to Section 32101 of the Fixing America’s Surface Transportation...
by Mark Sullivan | Published On Dec 23, 2025 | Cannabis, Price Kong Blog, Tax
Why Rescheduling Matters for IRC §280E IRC §280E currently disallows ordinary and necessary business deductions for any business “trafficking” in a substance listed under Schedule I or II of the Controlled Substances Act. Because cannabis has long been classified as a...
by Dawn Anderson | Published On Dec 18, 2025 | Cannabis, Price Kong Blog, Tax
A Landmark Shift in Federal Cannabis Policy: A Perspective from Price Kong We join our clients and colleagues in celebrating the federal government’s move to reschedule cannabis to Schedule III—a historic milestone that marks the beginning of a new financial era for...
by Mark Sullivan | Published On Dec 11, 2025 | Price Kong Blog, Tax
Upcoming IRS Change: Automatic First-Time Penalty Abatement (FTA) for 2025 Tax Filing Year Starting with 2025 tax returns filed in 2026, the IRS will begin automatically applying first-time penalty abatement for taxpayers who qualify—no request necessary. FTA is an...
by Samantha Sandland | Published On Dec 1, 2025 | Price Kong Blog, Tax
Arizona Tax Credits When you donate to organizations that provide assistance to qualifying charitable organizations; qualifying foster care organizations; public, charter, and private schools; and the Arizona Military Family Relief Fund, you can receive a...
