Composite returns and agreements are not required if the entity is a qualifying S-Corporation or partnership and elects to pay the Pass-Though Entity Tax (PTET). Trusts and…… Read more “Non-Iowa beneficiaries, partners & owners”
Our telephones are now back in service. Please be patient as we get an extra volume of calls this afternoon. Thank you!
2/28/22–Our phone lines are temporarily down. We can’t make or receive phone calls currently, but our email is still available. Use the first name of who you…… Read more “Phone lines down”
Due to Coronavirus, the deadlines for filing many income tax returns has been postponed. This chart lists the new due dates for filing and paying taxes that…… Read more “Revised due dates”
2018 & 2019 see another round of expired tax provisions brought back from the dead.
Employers may need to use two different systems to calculate federal withholding beginning in 2020. The new system is required for new hires after 12/31/2019.
We’ve gotten quite a few questions about Iowa tax law changes in 2019. With the accumulation of non-conformity with federal tax law since 2014, Iowa taxes in…… Read more “Iowa tax changes”
IRS has released a draft version of the W-4 form employees give to their employers to determine their federal income tax withholding. The new version will be…… Read more “New withholding forms in 2020”
Farmers have been particularly affected by complexities in the new tax law. Due to this, the IRS announced today, February 28, qualifying farmers may file their returns…… Read more “IRS Extends Farmer Deadline”
As if all of the changes in the federal tax code (and the noncompliance by Iowa) in 2018 weren’t enough, we find the situation further complicated for…… Read more “Three buckets for cooperative sales”