The Educator Expense Deduction is an above-the-line deduction available to those employed as K through 12 educators. Deducting these out-of-pocket expenses can reduce your Federal and State…… Read more “Educator Expense Deduction”
Category: Uncategorized
Non-Iowa beneficiaries, partners & owners
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”
Telephone service restored
Our telephones are now back in service. Please be patient as we get an extra volume of calls this afternoon. Thank you!
Phone lines down
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”
Revised due dates
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”
New withholding forms in 2020
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”
IRS Extends Farmer Deadline
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”
New internet provider
We’ve always believed in ‘keeping it local’ whenever possible. We’re in the process of moving our internet service to Southwest Iowa Fiber Technology in the very near…… Read more “New internet provider”
Email crash
In changing web hosting vendors, we managed to crash our e-mail for a day on August 2nd. It all seems to be working well now. We apologize…… Read more “Email crash”
Should I sell grain only to co-ops?
There’s been a suggestion that the 2018 tax bill gives a great advantage to farmers selling grain to cooperatives. This relates to the new Sec. 199A deduction,…… Read more “Should I sell grain only to co-ops?”