The Internal Revenue Service on June, 9th announced an increase in the optional standard mileage rate effective July 1, 2022.
Understanding the Audit Process and How to be Prepared
David Hegstrom from Harris CPAs goes over the audit and process and how to be prepared. Focusing on understanding an audit, the value of an audit, and tips for an effective audit.
Harris CPAs 2022 Economic & Tax Update Recap
This year we sift through the noise of headlines to understand what is actually happening in the economy.
Winter 2021 Nonprofit Standard Newsletter
In this article, we will elaborate on
perpetuation through digital forensics, as well as outline approaches to
notification and identity monitoring.
2021 Year-End Tax Planning for Businesses
As 2021 heads to a close, tax increases are still expected, but the timing and content of final changes are still not certain.
2021 Year-End Tax Planning for Individuals
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 Announces a Merger with Two Firms in the Twin Falls Region
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.
Federal Tax Credits Can Provide Tax and Cash Savings
Taxpayers that are looking for ways to reduce their tax bill and boost their bottom line may still be able to take advantage of federal tax credits or incentive programs in 2021. In some cases, taxpayers also may still be able to claim benefits for prior
years.
Summer 2021 Nonprofit Standard Newsletter
Stay abreast of the continuing impacts the coronavirus is having on the nonprofit industry and ways to adapt to all the changes, as well as to catch up on key trends in the nonprofit industry!
The Tax Implications of Paycheck Protection Program Loan Forgiveness
Now that the dust has settled on the three rounds of PPP loan funding, it important to consider the tax implications of these loans and the forgiveness thereof.