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Harris Group Certified Public Accountants

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Traverse City, MI
Harris Group Certified Public Accountants

Your Trusted Advisors for Modern Accounting, Tax, Audit, Payroll and Business Consulting Services in the Michigan Grand Traverse Bay Region

Harris Group CPAs is a full-service accounting firm dedicated to providing businesses and individuals with quality, innovative accounting, tax, and financial services and exceptional value. Our team of dedicated, approachable financial professionals is known for providing exceptional expertise and personalized client service. We work one-on-one with our clients to ensure that they receive the cust

omized solutions necessary to support their success. Our team is committed to being our clients’ trusted advisors, going above and beyond to consistently deliver more than expected and proactively provide key information and insights that contribute to our clients’ sense of financial well-being. We believe in providing this level of service to support our clients’ prosperity and to give them the peace of mind of knowing that their financial affairs are being expertly handled. Our clients also benefit from secure and convenient access to advanced online tools and resources that allow them to access key financial information anytime, anywhere. We invite you to learn more about how our firm can assist you by reviewing our services and contacting us:

Tax Planning & Preparation
Back-Office Support
Accounting & Bookkeeping
Audits, Review & Compilation
Full-Service Payroll
Business Consulting

07/21/2026

Even though 2027’s filing season feels far away, now is still a good time to check in on your taxes. While this might feel early, a simple mid-year tax checkup can help ensure you don’t miss any key credits or deductions and turn the rest of the year into proactive planning rather than last-minute scrambling.

Swipe through to see how a mid-year review can support your goals, from potential tax savings to better organization for next spring.

If you’ve had changes in income, a new side project, a major expense, or you just want peace of mind, we’d be glad to walk through a mid-year tax checkup with you. We can look at where you stand, talk through any adjustments that might make sense, and help you move into year-end with a clear, confident plan.

07/15/2026

Most business owners know that financial data plays an important role in running a successful company. Whether you're monitoring day-to-day performance or evaluating future opportunities, having a clear understanding of your numbers can help support informed decision-making.

That's why we're sharing a few business accounting terms that are worth revisiting. See below for a few key accounting terms:

⚫Equity: Equity represents the owner's interest in the business after deducting liabilities from assets.
⚫Debt-To-Equity Ratio: This ratio compares debt financing to the equity an owner holds in a business.
⚫Reconciliation: Reconciliation is the process of comparing a business's financial records to ensure they match supporting third-party documentation, such as bank statements.
⚫Retained Earnings: Retained earnings are profits that remain in the business rather than being distributed to owners.
⚫Liquidity: Liquidity measures how easily a business can meet short-term obligations using available assets.
⚫Return On Investment (ROI): ROI measures the return generated from an investment relative to its cost.

Whether you have questions about tax strategy, business growth, or day-to-day financial decisions, our team is here to provide guidance and support. If there's ever anything we can help you navigate, don't hesitate to reach out. We're always happy to be a resource.

07/06/2026

Trump Savings Accounts, officially designated as Section 530A accounts, are new tax-deferred investment accounts created for children under age 18. Swipe for an overview of what parents need to know.

As with any long-term investment vehicle, understanding contribution limits, tax treatment, and withdrawal rules is key to determining whether this account aligns with your family’s goals. Reach out anytime for investing guidance from our team.

07/03/2026

As we celebrate our nation’s 250th birthday this July 4th, our team invites you to join us in reflecting on the history, service, and shared values that shape our country! We wish each of you a memorable holiday with family and friends.

06/30/2026

When the U.S. Mint halted new penny production in late 2025, many business owners and consumers are evaluating what this change means for day-to-day transactions. As the supply of pennies gradually declines, the shift toward rounding cash payments to the nearest nickel is expected to become standard practice. Swipe to learn more.

As payment practices continue to evolve, staying informed matters. If you have questions about how this shift may affect your budgeting, tax reporting, or business operations, contact us for guidance.

06/24/2026

As a business owner, financial information is one of the most valuable tools available to you. From managing day-to-day operations to evaluating long-term opportunities, understanding the numbers behind a business can lead to better decisions and stronger financial outcomes.

So, with that in mind, our team wanted to share a few key business accounting terms for you to be aware of.

🔵Revenue: Total income generated from selling products or services before expenses are deducted.
🔵Gross Profit: Gross profit equals revenue minus the direct costs required to provide your product or service.
🔵Net Income: The amount remaining after all business expenses are deducted from revenue.
🔵Cash Flow: The total amount of money moving into and out of a business.
🔵Accounts Receivable: Accounts receivable represent money owed to your business by customers.
🔵Accounts Payable: Accounts payable represent money a business owes to vendors and suppliers.

While understanding some of these key business accounting terms can be crucial, it cannot replace the knowledge and expertise of professional business tax preparers, like our team.

That said, if you need assistance with business tax matters, please do not hesitate to reach out to our team. We are here to be a resource for you.

06/22/2026

Bringing on summer help is a great way to keep up with seasonal demand, but it also comes with tax responsibilities that can catch business owners off guard. How you hire and pay people can change your tax picture overnight, so a little prep now can prevent a lot of headaches later.

Swipe through for a couple of key things every business owner should know before adding seasonal employees this summer.

If you have questions about your hiring setup or want help making sure everything is in order, give us a call. We are happy to help you get it right from the start.

04/15/2026

Happy Tax Day! We hope your filing season wasn’t too “ruff” this year. As a reminder, the IRS won’t accept excuses, but they do accept extensions.

Wishing you a smooth tax day!

Address

731 S. Garfield Avenue
Traverse City, MI
49686

Opening Hours

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

Telephone

+12319468930

Website

https://www.harrisgroupcpa.com/

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