Contact Us

 

Cedar Rapids Location 

221 Third Ave SE, Suite 215 (Parking Ramp Instructions)
PO Box 75006
Cedar Rapids, Iowa 52401

Phone: (319) 364-2945
Fax: (319) 362-4487
E-mail: info@tld-inc.com


Iowa City Location

2225 Mormon Trek Blvd
Iowa City, Iowa 52246

Phone: (319) 339-4884
Fax: (319) 358-9113
E-mail: info@tld-inc.com




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On November 15th, 2021, the Iowa Department of Revenue partnering with Iowa Department of Inspections & Appeals, the Iowa Alcoholic Beverages Division, and the Iowa Lottery Authority launched a new online secure portal called GovConnectIowa. This is the culmination of a multi-year effort between the agencies to provide taxpayers, businesses, and tax professionals with a streamlined online portal to try to better serve Iowa taxpayers. The goal of the online portal is to streamline business registrations by providing applications or licensing for each of these agencies in one location.
Fair market value (FMV) is the price that property would sell for on the open market. This is the standard the IRS uses to determine if an item sold or donated by you is valued correctly for income tax purposes. It is a definition that is open to interpretation and if the IRS decides your opinion is wrong, you are not only subject to more taxes, but also penalties. Here are some tips to help defend your fair market value in case of an audit.
Terry Lockridge & Dunn is again putting the spotlight on our personalized QuickBooks Consulting sessions. When working in QuickBooks do you, or your bookkeeper, find yourself asking: Is there a quicker and easier way to do this? What is this report telling me? Why is my bank reconciliation not working? Should I take a class to learn QuickBooks?
The collectibles industry used to be defined by classic keepsakes such as stamps, coins, and trading cards. Today, a new kind of collectible called non-fungible tokens (NFTs) has exploded in popularity. From music to digital game pieces, NFTs are digital assets that sometimes sell for millions of dollars. Twitter co-founder Jack Dorsey sold his first-ever Tweet as an NFT for $2.9 million! But is there any substance behind the hype? And what does it mean for you?