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Welcome

...to the web site of Harris & Harris, P.A. We are committed to improving your financial situation, not just preparing your tax return. We work to help you turn your earning power into real wealth. We answer tax questions all year long. Through our affiliate, Advisor Mortgage Network, we find mortgage loans from the most competitive and diverse programs in the marketplace.

We work with small to medium sized businesses. We concentrate on understanding your business and focus on improving its profitability. We provide a wide range of accounting services, training and support services for QuickBooks® users. These services provide timely information to help you manage your business.


What we can do for you...
A very brief sampling

No two businesses are exactly alike. So it is logical that the scope of our services will be different, too, depending on your needs. How many of these apply, or could be beneficial, to your business?
  • Provide Computer Accounting Software Assistance
  • Provide Mortgage Loan Origination Services
  • Develop Business Plans and Financial Forecasts
  • Help Hire Accounting Personnel
  • Create Income and Estate Tax Strategies to Maximize Retained Wealth


Latest Articles from our News Archive

Using Children and Family for Maximum Tax and Economic Benefit

The government provides a behavioral incentive to have families with children through tax banefits. The only other behavior encouraged by our tax code is home ownership. Some of the many advantages afforded to families include the Child Tax Credit. The credit for children under age 17 is $600 per child for 2001 through 2004, with scheduled increases until it reaches $1,000 per child in 2010...click here to read the full article.

Basic Year-End Tax Saving Strategies

Most of the changes to recent tax law improved tax benefits to families and retirement savings. The impact of the law changes will be nominal for the upcoming year, with the bulk of the rate cuts and other benefits phasing in over several years. The benefit of the estate tax repeal, however, is both complex and tentative. The law gradually phases out the tax, then abolishes it completely in 2010, only to restore prior (pre-2001) law in 2011 unless Congress acts again to extend the repeal.

Given the silliness of Congress, and its failure to achieve its professed goals of simplicity and predictability, it may be smart to plan your taxes as you always have, not taking the longer-range provisions of the tax code for granted. To that end, here are some of our basic year-end tax tips, with some comments that apply for 2002, to help you focus your planning the next year or two...click here to read the full article.

Rumor Mill Humming for South Carolina §529 Plan

Some of you have heard me criticize South Carolina for its puny prepaid tuition plan in the past. It generated nearly zero interest from the public due to the lack of investment options and other restrictions on benefits. The polar opposite of the prepaid tuition plan, the South Carolina §529 college savings plan will offer investment options administered like mutual funds by Bank of America (according to my sources). This gives the account owner some control, and some responsibility for investment performance and the ultimate value of the account...click here to read the full article.

Adoption Credit and Exclusion Increased

The Economic Growth and Tax Relief Reconciliation Act of 2001 (EGGTRRA for us acronym geeks) provides for the expansion of many long-standing tax preferences for families and children. One feature we haven’t talked about yet is an increase in the federal tax credit for adoption expenses...click here to read the full article.