Do you own an interest in an S Corporation, Partnership, or Limited Liability Company taxed as a Partnership?
If you have been debating doing a 1031 exchange, you may want to consider looking into the Delaware Statutory Trust.
The Internal Revenue Service on June, 9th announced an increase in the optional standard mileage rate effective July 1, 2022.
Everything from gas, materials, and equipment prices in the construction industry, to your bill at the grocery store are being affected. And now, for a variety of reasons, the prices for your accounting fees and services are following suit. But what are the major factors contributing to this escalation and what can you do to help reduce costs?
There are more options available for accounting methods than other business entities due to the nature of construction activities.
This year we sift through the noise of headlines to understand what is actually happening in the economy.
As 2021 heads to a close, tax increases are still expected, but the timing and content of final changes are still not certain.
As we approach year end, now is the time for individuals, business owners, and family offices to review their 2021 and 2022 tax situations and identify opportunities for reducing, deferring, or accelerating tax obligations. Areas potentially impacted by proposed tax legislation still in play should be reviewed, as well as applicable opportunities and relief granted under legislation enacted during the past year.
Harris CPAs has announced a merger with Deagle Ames, LLC and Ataraxis Accounting and Advisory, Chtd of Twin Falls, Idaho effective October 16, 2021. The mergers add a total of 22 professionals to the Harris CPAs team, and a new office location in Twin Falls.
In a labor-heavy field, the Employee Retention Credit (ERC) could offer significant benefits for many employers across the construction industry.