News

Corporate Transparency Act — Beneficial Ownership Information Reporting Requirement

Bethe | August 6th, 2024

This is a follow-up to articles that we sent in July, 2023 and February, 2024. We want to make sure all our business clients are aware of this filing requirement. Penalties for non-compliance can result in criminal and civil penalties of $591 per day and up to $10,000 with up to two years of jail...read more

Corporate Transparency Act

Bethe | August 1st, 2024

Corporate Transparency Act — Beneficial Ownership Information Reporting Requirement  We want to make sure all our business clients are aware of this filing requirement. Penalties for non-compliance can result in criminal and civil penalties of $591 per day and up to $10,000 with up to two years of jail time.   We are unable to advise...read more

New Department of Labor (DOL) Guidelines for Salary Employees

Bethe | July 9th, 2024

New guidelines on employees that are paid a salary   Effective July 1, 2024, the new standard salary wage is not less than $844 per week or $43,888 annually.  On January 1, 2025, this increases to $1128 per week or $58,656 annually.  There will be another increase July 1, 2027, and every three years thereafter. ...read more

Bethe | April 30th, 2024

To support our employees wellbeing, beginning this week we will move to summer hours. We will close at noon on Friday’s during the months of May and September and will be closed on Friday’s during June, July and August.

Tax Relief for American Families and Workers Act

Bethe | February 1st, 2024

There is pending federal legislation under the Tax Relief for American Families and Workers Act that would allow 100% bonus depreciation retroactive back to 2023 on eligible capital asset purchases which is currently at 80% bonus depreciation under the current tax laws. This proposed legislation has passed through the Ways and Means Committee and it’s...read more

LattaHarris Welcomes Mitch Richman, Vance Glaser, and Elainie Turner as New Principals

Bethe | January 2nd, 2024

LattaHarris Welcomes Mitch Richman, Vance Glaser, and Elainie Turner as New Principals For Release 01/01/2024 Washington, Iowa – LattaHarris, a leading Eastern Iowa CPA firm for its commitment to excellence, proudly announces the addition of three distinguished professionals, Mitch Richman, Vance Glaser, and Elainie Turner, to its team of experts. Mitch Richman With nearly two...read more

New Liscio Client Portal

Bethe | November 2nd, 2023

Dear Valued Stakeholder- We are reaching out to share details about upcoming changes to your NetClient CS portal and our switch to Liscio Client Portal. Why are we switching? As we transition to a truly paperless online system, we are aware that we have required you to have multiple log ins to access your files,...read more

QuickBooks Seminar

Bethe | September 7th, 2023

Join Hills Bank and LattaHarris, LLP for an overview of what QuickBooks has to offer at our free seminar over a light breakfast. Get tips and tricks from professional QuickBooks advisors. Learn how QuickBooks and online banking can help you provide accurate financial statements. Who should attend? Whether you are a beginner considering purchasing the...read more

Important Tax Update: Iowa Pass-Through Entity Taxation (PTET) Law

Bethe | August 31st, 2023

August 31, 2023 We want to bring your attention to a recently signed law that could have significant benefits for many businesses in Iowa. The new legislation introduces changes to the taxation of pass-through entities, including partnerships and S corporations, offering potential tax advantages that you should be aware of. Overview of the New Law:...read more

LattaHarris, LLP Names Christopher Overturf New Managing Principal 

Bethe | January 3rd, 2023

LattaHarris, LLP Names Christopher Overturf New Managing Principal  LattaHarris, LLP, a premier CPA and business consulting firm in eastern Iowa, is pleased to announce that Christopher Overturf will take over as Managing Principal beginning January 1, 2023. Mark Penningroth, outgoing Managing Principal, will transition to Partner Emeritus status starting January 1, 2024.  At that time,...read more

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