by Dawn Anderson | Published On Dec 16, 2024 | Blog, Tax
On Tuesday, December 3, 2024, a federal district court in Texas issued an order granting a nationwide, preliminary injunction that: (1) enjoins enforcement of the Corporate Transparency Act (CTA) and regulations implementing its beneficial ownership information (BOI)...
by Dawn Anderson | Published On Nov 4, 2024 | 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...
by Dawn Anderson | Published On Jan 18, 2024 | Articles, PK News, Tax
It is more important than ever to get a head start on year-end tax planning. To assist with the process, Price Kong has released a 2023 Year-End Tax Planning Guide. The end of the year presents a unique opportunity to make sensible financial moves that can help save...
by Dawn Anderson | Published On Dec 21, 2023 | 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 | 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 Tricia Tuchscherer-Nieva | Published On Dec 8, 2023 | 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...