by PKCPA | Published On Feb 18, 2019 | 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 Scott Albert Mitchem, CPA | Published On Nov 19, 2018 | 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 PKCPA | Published On Aug 27, 2018 | 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 PKCPA | Published On Feb 9, 2018 | 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...
by PKCPA | Published On Jan 11, 2018 | Blog, Tax
The President has signed the biggest tax reform law in over 30 years. When you file your 2018 tax returns a year from now your tax return will look very different. And because most changes don’t happen until then, we have some time to learn about the changes and plan...
by PKCPA | Published On Dec 22, 2016 | Blog, Tax
Happy Holidays! With the end of 2016 fast approaching us, we wanted to reach out and provide some last-minute tax strategies so as to help with your 2016 income taxes. It is possible with the new administration and Congress that tax rates could be significantly lower...
