Safeguarding your financial peace

Welcome and thank you for visiting the website of Davis, Campbell & Hollister. DCH is comprised of experienced CPAs committed to helping you grow your investment. We are problem solvers that understand the unique needs of the wine industry. We offer an extensive array of tax and accounting services, specializing in the areas of agriculture, vineyard, wineries and manufacturing.

In addition to providing you with a profile of our firm and the services we provide, this website has been designed to become a helpful resource tool for you, our valued clients and visitors. Our commitment to excellence has brought us to the Internet as we endeavor to continue to provide the highest quality professional service and guidance available in the industry today.

News

Tax Alerts
Tax Briefing(s)

The Senate has approved a bipartisan IRS reform bill, which now heads to President Trump’s desk. Trump is expected to sign the bill into law.


Taxpayers may rely on two new pieces of IRS guidance for applying the Code Sec. 199A deduction to cooperatives and their patrons:


The IRS has issued final regulations that require taxpayers to reduce the amount any charitable contribution deduction by the amount of any state and local tax (SALT) credit they receive or expect to receive in return. The rules are aimed at preventing taxpayers from getting around the SALT deduction limits. A safe harbor has also been provided to certain individuals to treat any disallowed charitable contribution deduction under this rule as a deductible payment of taxes under Code Sec. 164. The final regulations and the safe harbor apply to charitable contribution payments made after August 27, 2018.


Final regulations address the global intangible low-taxed income (GILTI) provisions of Code Sec. 951A. The final regulations retain the basic approach and structure of the proposed regulations published on October 10, 2018. The final regulations address open questions and comments received on the proposed regulations.


Newly issued temporary regulations limit the application of the Code Sec. 245A participation dividends received deduction (the participation DRD) and the Code Sec. 954(c)(6) exception in certain situations that present an opportunity for tax avoidance. The temporary regulations also provide related information reporting rules under Code Sec. 6038.


Final regulations reduce the Code Sec. 956 amount for certain domestic corporations that own stock in controlled foreign corporations (CFCs). The regulations are intended to ensure that Code Sec. 956 is applied consistently with the participation exemption system under Code Sec. 245A.


Final rules allow employers to use health reimbursement arrangements (HRAs) to reimburse employees for the purchase individual insurance coverage, including coverage on an Affordable Care Act Exchange. The rules also allow "excepted benefit HRAs," which would not have to be integrated with any coverage. The rules generally apply for plan years starting on or after January 1, 2020.


Final regulations provide requirements that a person must satisfy to become and remain a certified professional employer organization (CPEO), as well as the CPEO’s federal employment tax liabilities and other obligations.


Meet the Partners

With over 100 years of accounting experience, our team of veteran tax professionals are ready to help you meet your financial goals. We will not tire in researching, advising, and planning for your future while you are under our care.

Barbara Davis, CPA

Senior Partner

Susan Campbell, CPA

Senior Partner

Scott Hollister, CPA

Senior Partner

Thomas Clarke, CPA

Partner

Industries We Serve

Our firm provides services to a wide variety of industries. Our capable staff with years of experience understands the challenges each of these industries face. Below are a few of the industries that we currently offer our services to. Our firm exists to help you reach your unique goals.

Man in a blue suit and tie

Retail

Our tax professionals are ready to assist you in everything from store profitability analysis and supply chain management to regulatory compliance and industry-specific tax credits.

Wheat ready for harvest

Agriculture

Our firm has developed high-level accounting methods to support farmers and their way of living.

Place setting with wine

Restaurants & Hospitality

We can help you plan for the future while reducing your tax burden and capitalizing on market trends by partnering with you in the financial management of your company.