by PKCPA | Published On Mar 19, 2019 | 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 | 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 7, 2019 | Blog, Tax
Form 1099 is an information return required to be reported to the IRS. Every person engaged in a trade or business, including an individual, Limited Liability Company, partnership and a nonprofit organization, must file information returns for the calendar year if...
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 Oct 17, 2018 | Articles, Tax
To use our new 2018 Tax Planning Guide, click on the following link: Price Kong 2018 Tax Planning Guide For any questions or more information please call...
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...