Category Archives: HRH News

IRS Approves Section 199 Deduction for Construction Business

February 21, 2017

The Section 199 deduction is often thought of as a manufacturer’s tax break. But it’s available to companies in other industries, too. In a recent Technical Advice Memorandum, the IRS approved the deduction for a business engaged in construction and renovation. This article looks at the details of the guidance as well as the activities from which a firm can derive domestic production gross receipts (DPGR).

Howe, Riley & Howe Named Best Accounting Firm in NH Business Review’s BOB Awards for Seventh Year in a Row

February 9, 2017

Culture, community and commitment to excellence keep Manchester and Portsmouth CPAs on top We are excited to announce that we are once again taking home the Best Accounting Firm in New Hampshire Business Review’s 2017 BOB Awards. The award marks the seventh year in a row that the firm has taken home the honor, which […]

Federal Tax News – January

January 25, 2017

1. Due dates for filing Affordable Care Act information returns are deferred.
2. Accumulated earnings penalty tax applies.
3. Farm widow wins her case in U.S. Tax Court.
4. National Taxpayer Advocate’s message to the IRS: Keep it simple.
5. Court finds investments were nondeductible equity and not debt.

New Form I-9: Key Changes HR Needs to Know

January 19, 2017

Great article on the new Form I-9 and what human resources practitioners need to know, written by Roy Maurer, Society for Human Resource Management:   Employers have until Jan. 22, 2017, to get up to speed on using the newest version of the Form I-9, marked 11/14/2016. The version that has been in effect since 2013 (marked […]

Get Ready Businesses: Some Filing Due Dates Are Changing

December 27, 2016

Upcoming due dates for some business tax returns are changing due to legislation passed last year. In addition, the filing deadlines for Forms 1099-MISC and W-2 are also changing in 2017. This means you’ll have to submit information to the IRS earlier than in the past. This article explains what the new deadlines are and how your business can comply with them.

Federal Tax News – December

December 27, 2016

1. Standard mileage rates decrease for 2017.
2. New law creates a new type of HRA.
3. Gamblers couldn’t deduct losses.
4. Taxpayers denied child tax breaks.
5. Get ready to file your tax return in 2017.

Year-End Tax Strategies for Small Businesses

December 12, 2016

Are you looking for last-minute strategies to help lower the 2016 tax bill for your small business? Here are some effective tax-saving moves, based on current tax law, that may be worthwhile. Strategies include timing income and deductible expenses, buying vehicles and equipment, selling qualified small business corporation stock, and taking advantage of net operating losses.

Howe, Riley & Howe’s Court Klein and Frank Saglio featured speakers for Alpha Loft’s December 13 Launch Series

November 29, 2016

Accounting pros to discuss “How to win at accounting and tax matters for startups” Manchester and Portsmouth, New Hampshire – Court Klein and Frank Saglio, both CPAs from Howe, Riley & Howe, will headline Alpha Loft’s next Launch Series event and share insights about accounting and tax matters for startups. The event is from 5:30 […]

Our Summer Internship Experience at HRH

August 22, 2016

By: Ana Byers & Lori Gordon When you think about doing an internship, you often assume you will be making coffee and fetching lunches for partners or managers. However, if you intern at Howe, Riley & Howe this will not be the case. HRH made us each feel welcome from day one by having an […]