IRS Announces Increase in Standard Mileage Rates
On June 23, 2011, the IRS announced an increase in the standard mileage rate beginning July 1, 2011. Learn more...
President Obama Signs 1099 Repeal Legislation
President Obama on April 14 signed the Comprehensive 1099 Taxpayer Protection and Replacement of Exchange Subsidy Overpayments Act of 2011 (HR 4 ). Learn more...
Iowa Couples with Federal Tax Provisions
On April 12, 2011, SF 512 was signed by Governor Branstad coupling Iowa's tax provisions with federal provisions retroactive to January 1, 2010. Learn More...
Congress Approves 1099 Repeal Bill
On April 5, 2011, the Senate approved H.R. 4 repealing the controversial expanded information reporting on Form 1099. Learn More....
SMALL BUSINESS HEALTH INSURANCE TAX CREDIT
You've heard about the credit and the detailed calculation that it requires. With a little guidance, our worksheet can help you determine the amount of credit you may receive on your 2010 tax return! To download the worksheet click on the icon below.
The Health Insurance Tax Credit and Tax–Exempt Entities
As part of the health care legislation passed in early 2010, the government created a tax credit for employer-provided health insurance paid by small employers, taxable and tax-exempt. If you are a tax-exempt entity, 
to learn more about the credit and how to determine if you are eligible to claim the credit.
URGENT: IRS ANNOUNCES DELAYED 1040 FILING SEASON
Due to the changes made by the Tax Relief, Unemployment Insurance Reauthorization, and the Job Creation Act of 2010, the IRS has announced that certain 2010 individual tax returns will not be accepted until mid-to late February. More...
PRESIDENT SIGNS TWO-YEAR TAX RELIEF/JOB CREATION ACT
President Obama has signed a multi-billion dollar tax cut package, the Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 (2010 Tax Relief Act). Here are some of the highlights from the legislation:
- Extension of individual and capital gains/dividends tax cuts
- AMT patch
- Payroll tax cut
- 100% bonus depreciation
- Business extenders
- Energy incentives
- Estate tax compromise
to view the special report.
This legislation will impact you and your business. Contact our office at (712) 324-4614 to learn how this applies to you.
URGENT NOTICE: IRS DISCONTINUES PAPER COUPON DEPOSITS
Effective January 1, 2011, the US Treasury will no longer accept paper coupons (Form 8109) for payment of taxes. To learn more about this change and how it may affect you, click the icon below.
.