Home Office Deduction
If you use part of your home for your business, you may qualify to deduct expenses for the business use of your home. Here are six facts...
Income Tax Effects Related to Inheritance of Property, Including Stock
Over the last couple of weeks, I have had several clients ask how the inheritance of stock or property was going to affect their...
Roth Conversions for Retirement Plans
The 2012 American Taxpayer Relief Act passed earlier this year has a new opportunity for Roth conversions. Now individuals can convert...
2013 Depreciation Limits for Business Autos, Light Trucks, and Vans
Today we will take a look at the 2013 depreciation limits for business autos, light trucks, and vans. The IRS released the...
Tax Benefits from Donating Stocks to a Charity
If you are planning to make a relatively substantial contribution to a charity, you should consider donating appreciated stock from your...
Deducting Charitable Donations
If you donate cash, checks, or other monetary gifts, regardless of the amount, you must have a bank record or written communication from...
New Forms for Filing 2012 Tax Returns
The IRS announced that they will begin processing tax returns that contain Form 4562 for Depreciation and Amortization starting February...
Updated Status of 2012 Tax Filing Season, Federal and Iowa
The IRS began processing individual returns on January 30th. However, the Iowa Legislature has not passed the legislation needed to...
Current Status of the 2012 Tax Return Filing Season
Today we will take a look at the current status of the 2012 tax return filing season. The IRS plans to begin processing individual income...
Expiration of 2-Percent Payroll Tax Reduction
We talked about this in previous editions of this video blog. But many people have overlooked this topic. I have talked with both...



















