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Paying for education can feel overwhelming. Between tuition bills, 529 plan withdrawals, scholarships, and IRS forms, it’s not always clear how everything fits together — ...

The One Big Beautiful Bill Act (OBBBA) introduces a major new tax benefit for older Americans: a $6,000 annual deduction for individuals age 65 and ...

What business owners need to know about the new §45S rules under the One Big Beautiful Bill Act (OBBBA) Paid family and medical leave has ...

Beginning January 1, 2026, the rules for deducting employer‑provided meals change more dramatically than at any point in the last 40 years. What used to ...

The first payrolls of 2026 are being processed right now, and for many employees age 50 and older, this year’s retirement contributions may look different ...

If you buy, sell, trade, or use digital assets such as cryptocurrency, digital tokens, or digital collectibles, the way you report these activities on your ...

The IRS has released Notice 2025‑68, the first official guidance on a new type of tax‑favored savings account for children known as Trump Accounts. These ...

Imagine this: you’ve just invested millions in a new software platform. Your accountant tells you it’s an asset that needs to be capitalized. Your tax ...

At Kong and Associates, we specialize in complex tax matters—multi-entity structuring, audit defense, high-net-worth planning, and regulatory strategy. While our services are tailored to clients ...

If your business employs tipped workers—especially in hospitality, food service, or personal care—there’s important news from the IRS that could ease your reporting burden for ...

If your S corporation amended its federal return to expense domestic research and development (R&D) costs under the One Big Beautiful Bill Act (OBBBA), you ...

Turn your tax dollars into impact—with zero extra cost.  Arizona offers several dollar-for-dollar tax credits that allow you to support local organizations while reducing your ...