B.A. Harris Blog

Now is an opportune time to review your current tax situation

As 2019 comes to a close, now is an opportune time to review the current tax situations for both individuals and businesses alike. It is our goal to ensure that our clients are aware of, and take full advantage of any beneficial tax strategies and opportunities available, and to begin next year’s planning process as well. With so many changes made to tax law with the signing of the Tax Cuts and Jobs Act (TCJA), and with many additional changes undoubtedly on the way, we would like to take this opportunity to keep you up to date on some key considerations we have found to have the largest impact on our clientele:

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Updated Move Date!

Office Move Date: Monday, November 11th, 2019 **Note: Our office will be closed on November 11th-12th, and re-open Wednesday, November 13th. New Address: B.A. Harris LLP 1290 W. Myrtle St., Suite 310 Boise, Idaho 83702 Neither our phone number nor email addresses will change. We can still be reached at 208-424-5177. Our new location is at the foot of the I-84 connector into downtown Boise at the new Pioneer Crossing Building.

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We are moving!

Dear Valued Clients, We are pleased to share with you, we are moving!! Since we first opened for business in 1998, your loyal support and referrals have helped us grow, and we needed more space to serve you better. We have been looking for a new home and are excited to inform you we found it. November 6, 2019 will be our final day operating at 960 Broadway Avenue. We will open our doors in more spacious and comfortable surroundings on Monday, November 11, 2019.

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Oregon Passes New Corporate Activity Tax (CAT)

On May 16th Oregon Governor Kate Brown signed House Bill 3427 which imposes a gross receipts tax (Corporate Activity Tax or CAT) on businesses with gross receipts in excess of $1 million, effective for tax years beginning on or after January 1, 2020. The Corporate Activity Tax includes a flat tax of $250 on the first $1 million of “taxable commercial activity” (the calculation of which is discussed below), plus 0.

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Best of Treasure Valley – Runner-up

We are very excited to announce that we were runner-up to Eide Bailly in the annual best of Treasure Valley vote for best accounting firm. We appreciate each and every one of you who took time to vote for us this year. We look forward to providing all of our clients with outstanding service in the year ahead and hopefully we can come out on top next year! B.A. Harris

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