Do you own an interest in an S Corporation, Partnership, or Limited Liability Company taxed as a Partnership?
How Section 174 May Impact Construction & Engineering Firms With R&D
Section 174 changes go in to effect for tax years beginning after 12/31/21 and may impact some construction and engineering firms with R&D.
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.
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?
What is the Right Construction Accounting Methods?
There are more options available for accounting methods than other business entities due to the nature of construction activities.
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.
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.
Employee Retention Credit Offers Benefits in the Construction Industry
In a labor-heavy field, the Employee Retention Credit (ERC) could offer significant benefits for many employers across the construction industry.
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.