The EFA Company Blog

Keeping you up to date on the latest happenings in audit, tax, accounting and the construction industry.

Are You Getting All That You Deserve? Don’t Overlook the Research Credit.

Construction businesses are often surprised to learn that they may be eligible for the research tax credit, often referred to as the “research and development,” “R&D” or “research and experimentation” [...]

Maximizing the Section 199 Deduction

As a construction business, your company may be eligible for the Section 199 deduction for “domestic production activities.” This tax break is known by several names, including the “domestic production [...]

What are the Deadlines for Providing and Filing ACA Information Forms?

In an effort to help employers subject to the Affordable Care Act’s (ACA’s) information reporting requirements meet those obligations, the IRS has extended two important deadlines. Employers now have an [...]

Making a Charitable Deduction this Tax Year?

Your deduction varies depending on what you are donating. Learn more about specific deductions and which ones are applicable to your financial situation.  Learn more by visiting EFA's Web Tax [...]

Brush Up on your Knowledge of Education Tax Credits

Turn saving tax dollars into a family tradition 2016 may be another good year for families to save taxes. Most of the child- and education-related tax breaks on the table [...]

ACA Information Reporting Deadlines Extended!

In an effort to help employers subject to the Affordable Care Act’s (ACA’s) information reporting requirements meet those obligations, the IRS has extended two important deadlines. Employers now have an [...]

PATH Act Provides Tax Relief for 2015 and Beyond

On December 18, the Senate passed — and the President signed into law — the Protecting Americans from Tax Hikes Act of 2015 (PATH Act), which the House had passed [...]

Making a Charitable Deduction this Tax Year?

Your deduction varies depending on what your donating. Cash. This includes not just actual cash but gifts made by check, credit card or payroll deduction. You may deduct 100%. Ordinary-income [...]

How Real Estate Can Reduce your Tax Obligation

To maximize the tax benefits of property ownership, homeowners, investors and real estate professionals alike need to be aware of the breaks available to them as well as the rules [...]

What Tax Relief Does the PATH Act Provide for 2015 and Beyond?

On December 18, the Senate passed — and the President signed into law — the Protecting Americans from Tax Hikes Act of 2015 (PATH Act), which the House had passed [...]