Are you ready to get your tax refund? The IRS has an online tool to help you find out how soon you'll get it back. To check the status of your federal refund, click here to use the IRS's “Where’s My Refund?” tool or copy and paste https://www.irs.gov/refunds into your web browser. Iowa also has a “Where’s My Refund?” tool that you can use to find out the status of your Iowa individual refund. Click here to use the tool or copy and paste https://tax.iowa.gov/where-my-refund in

Two weeks ago, we discussed that the Iowa legislature this year has indicated that they do not plan to couple with any federal tax law changes for 2016. That still appears to be the direction Iowa is going to take. Federal For 2016 for federal purposes, businesses can immediately deduct up to $500,000 of the tax basis of certain business property or equipment placed into service that year, rather than depreciating that equipment over a period of years. Once qualifying purcha

The IRS recently issued a warning to taxpayers to watch out for fake emails or websites looking to steal personal information. In these email schemes, criminals pose as a person or organization the taxpayer trusts or recognizes. They may hack an email account and send mass emails under another person’s name. They may pose as a bank, credit card company, tax software provider or government agency. Criminals go to great lengths to create websites that appear legitimate but con