Davies Allen, P.C.

Davies Allen, P.C. CPA Firm Our ideal customers are business owners and managers who are looking for tax help, monthly bookkeeping, and financial statements.

Davies Allen is a Utah-based Accounting Firm specializing in business and personal tax returns, accounting, payroll, bookkeeping, and financial statements. Our focus is on building and developing good relationships with our clients to ease financial burden and strengthen the bond between you and your money. We also love working one on one with individuals who want our professional accountants to handle their yearly tax returns.

12/19/2025

Congress has updated the tax code in a way that benefits businesses investing in U.S. research and development.

Under the One Big Beautiful Bill Act, companies can once again immediately deduct U.S.-based R&D expenses. In many cases, businesses may also amend prior tax returns to claim deductions that were previously required to be amortized.

Small businesses (under $31M in average annual revenue):
• Retroactively deduct R&D costs from 2022–2024
• Amend open returns under standard IRS rules
• Filing deadlines may apply in 2026
• Immediate expensing resumes in 2025

Larger businesses:
• Accelerate remaining R&D deductions from 2022–2024
• Deduct in 2025 or split between 2025–2026
• Use Form 3115 to make the change

Summary:
This change restores immediate R&D expensing for U.S. businesses and provides opportunities to recover prior deductions.

Questions about amending returns or filing Form 3115?
Click the link in our bio to contact Davies Allen.

12/12/2025

Your wealth deserves the right team.

A CPA, an attorney, and a financial advisor — aren’t found in the same place. They should be found in separate locations. Each one is critical to protecting and growing your assets.

At Davies Allen, we focus on what we do best: accounting and tax strategy.

12/11/2025

Energy tax credits are ending EARLY — and most people don’t know.

If you’ve been thinking about solar panels, new windows, geothermal, batteries, or energy-efficient upgrades, this affects you.

• The 30% home energy-efficient credit ends Dec 31, 2025
• The 30% residential clean energy credit (solar, wind, geothermal, batteries) also ends Dec 31, 2025
• The commercial energy building deduction ends for construction starting after June 30, 2026

If upgrades are on your radar, timing matters!

Need help planning? Schedule a consult with Davies Allen CPAs. Link in bio.

12/09/2025

Tax-saving strategies only work if they’re actually implemented.

This time of year, individuals and business owners are hearing a lot about tax deductions, credits, and year-end tax planning. But having a strategy is only half the equation.

Ex*****on is what truly protects your money.

At Davies Allen, we don’t just give tax strategy ideas. We walk with you through the full implementation process so you can confidently qualify for the deductions you’re planning for.

Real planning.
Real ex*****on.
Real tax savings.

If you want proactive tax planning—not last-minute scrambling—this is the time to act.

J.W. Davies

12/04/2025

🚗 Buying a new car for Christmas? You may be able to deduct up to $10,000/year in car loan interest under the Big Beautiful Bill.

Key rules:
• New personal-use vehicle, U.S.-assembled
• First-lien loan that begins after Dec 31, 2024
• Vehicle must be under 14,000 lbs (cars, SUVs, trucks, motorcycles)
• Interest only (not principal) is deductible
• VIN must be reported on your tax return
• Phase-out begins at $100K (single) / $200K (joint) MAGI
• Temporary benefit for 2025–2028 only
• Leases do not qualify

Davies Allen is here to help you plan ahead.

Book a consultation by clicking the link in our bio!

12/03/2025

Parents: New Tax-Deferred Trump Account for Kids in 2025

A historic $6.25B gift from Michael & Susan Dell is boosting the new Trump Accounts program and giving millions of kids a head start on savings.

Kids born 2025–2028 get a $1,000 federal seed, and 25M kids under 10 in qualifying ZIP codes get an extra $250 boost.

Families can contribute up to $5,000/year, growing tax-deferred in a U.S. index fund.

A powerful new tool for your child’s financial future.

Questions? Reach out to Davies Allen at daviesallen.com

11/26/2025

Adopting a child? The 2025 Big Beautiful Bill now makes $5,000 of the adoption tax credit refundable—even if you owe nothing! Learn what this means for your family.

11/18/2025

Changes are coming to estate and gift tax planning in 2026.
The exclusion amount jumps to $15M + inflation starting January 1.

Thinking about gifting, trusts, or transferring assets?
Now’s the moment to strategize.

Schedule your consultation with Davies Allen! Link in bio.

10/14/2025

Get a tax break by making a difference in students’ lives!

The Big Beautiful Bill Act gives you a federal tax credit of up to $1700 when you contribute to scholarship-granting organizations.

✔️ Support students from households with income less than or equal to 300% of the area median
✔️ Contributions go to eligible public charities in your state
✔️ Credits can be carried forward for up to 5 years

This takes effect for tax years ending after December 31, 2025.

Questions? Schedule a consultation with Davies Allen by clicking the link in our bio.

Last week we celebrated another year of Invest Nest! Congratulations to Jenna Rowley and Emily Hobbs from the Nebo Schoo...
05/12/2025

Last week we celebrated another year of Invest Nest! Congratulations to Jenna Rowley and Emily Hobbs from the Nebo School District for their innovative business, Menstrual Magik - a chocolate bar containing natural caffeine and a pain reliever to help ease the side effects of menstruation.

What is Invest Nest? Invest Nest is a program founded by Davies + Allen that offers Utah High School Students investment opportunities for their business ideas and has helped 400+ High School Student businesses start up with over 100 still active. Think Shark Tank + American Idol! Winners can win $20k+ for their business ideas!

If you want to learn more about Invest Nest, or see how you can get involved, hop on over to: https://investnest.org/

As always, we thank America First Credit Union for being an amazing title sponsor and helping us foster the entrepreneurial spirit in our youth!

Two more weeks till tax deadline! Still waiting on a K1 or other elusive tax document to come in? Make sure to get that ...
03/31/2025

Two more weeks till tax deadline! Still waiting on a K1 or other elusive tax document to come in? Make sure to get that extension filed to avoid penalty fees!

While an extension gives you another six months to file your return, any potential tax owed is still due on deadline day. Davies + Allen is happy to help our clients figure out their extension payments. Contact us if you think you will be needing to extend!

Unfortunately you can't claim your pet as a dependent. But Davies + Allen can help you make the most out of your taxes. ...
03/24/2025

Unfortunately you can't claim your pet as a dependent. But Davies + Allen can help you make the most out of your taxes. Contact us today to see how we can help you (and Fido) out!

https://daviesallen.com/

Address

322 East Gateway Drive, Suite 202
Heber City, UT
84032

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

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