Welcome to Adams & Harper, P.A.
Adams & Harper PA is proud to provide you information about our growing firm, our personalized services, and the high quality CPA's and staff who represent us in the world, the business community, and in special homes and offices like yours.
Discover our areas of expertise as well as the strength of our professional staff. There is no other firm which is more interested in serving your immediate and long term accounting or tax needs.
News from Adams & Harper, P.A.
WASHINGTON — The Internal Revenue Service today warned return preparers and other tax professionals to be on guard against bogus emails making the rounds seeking updated personal or professional information that in reality are phishing schemes. “I urge taxpayers to be wary of clicking on strange emails and websites,” said IRS Commissioner John Koskinen. “They may be scams to steal your personal information.” Specifically, the bogus email asks tax professionals to update their IRS e-services port... Read More...
Wed, February 18, 2015
Effective January 1, 2014, the IRS set new rules and regulations governing: • Definition of fixed assets vs materials and supplies • The expensing of materials and supplies • Specific rules for depreciation amounts and guidelines • What costs may be depreciated on asset purchases • Determination of certain costs as repairs (expensed) or improvements (depreciated) • When to recognize disposals, including partial dispositions • Valuation and accounting methods for partial dispositions • How to def... Read More...
Fri, February 13, 2015