Tax Tip Tuesday: Senate vs. House Tax Bills
We are still waiting for the House and Senate to reconcile the differences between their two tax reform bills. It is possible that it...
Tax Tip Tuesday: What Is the Status of Tax Reform in Congress?
The most popular question we get right now is: what is the status of tax reform in Congress? On November 16th, the House approved H.R. 1,...
Tax Tip Tuesday: Potential Major Tax Changes
This week we will again look at the potential for a major tax change for 2017. Republican congressional leaders recently said that...
Tax Tip Tuesday: 2017 Biennial Report
If you are organized as an LLC, PLLC, or LP and are authorized to do business in Iowa, you most likely have recently received a postcard...
Tax Tip Tuesday: Important Upcoming Deadlines
The IRS has announced it will begin accepting electronic and paper tax returns on January 23, 2017. Also, beginning in 2017, the...
Tax Tip Tuesday: 2017 Standard Mileage Rate Changes
The IRS has issued the 2017 standard mileage rates and there are changes from 2016. These are used to calculate the deductible costs of...
Tax Tip Tuesday: Inflation Adjusted Tax Changes for 2017
Here are some inflation adjusted tax changes for 2017. Gifts Made and Estates of Decedents Dying Exclusion Amount 2017 — $5,490,000 2016...
2017 Social Security Wage Base
The Social Security Administration announced that the wage base for computing the Social Security tax (OASDI) in 2017 will increase to...
Tax Tip Tuesday: This May Affect Your Return
A new federal tax law may affect some refunds filed in early 2017. The IRS announced initial plans for processing tax returns involving...
Tax Tip Tuesday: 2017 HSA Limits
If you have an HSA account, here are some important changes you need to know about for 2017. The IRS has provided the annual...
