Explore the comprehensive changes in the Davis-Bacon Act regulations as the U.S. Department of Labor introduces a significant overhaul.
Effects of the Inflation Reduction Act on the Construction and Real Estate Sectors
by Drew Mansell, CPA Introduction The Inflation Reduction Act (IRA) increased the potential benefit of several energy efficiency tax incentives. These include the Section 179D energy efficient commercial buildings deduction and the Section 45L new energy efficient home credit. A more detailed description of these incentives is below. These changes warrant a renewed look at these incentives by companies looking …
Utilize Captive Insurance Companies to Up Cash Flow
Do you own an interest in an S Corporation, Partnership, or Limited Liability Company taxed as a Partnership?
How Pass-Through Entities in Idaho Can Benefit From Affected Business Entities (ABE) Law
Do you own an interest in an S Corporation, Partnership, or Limited Liability Company taxed as a Partnership?
Is Now the Time to do a 1031 Exchange? A look at the Delaware Statutory Trust
If you have been debating doing a 1031 exchange, you may want to consider looking into the Delaware Statutory Trust.
IRS Announces Increased Mileage Rate for Remainder of 2022
The Internal Revenue Service on June, 9th announced an increase in the optional standard mileage rate effective July 1, 2022.
Are Your Accounting Fees on the Rise?
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?
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.
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.
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.