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Zeros and ones: Estate planning for your digital assets and accounts

Jul 23, 2020

Today, you’re more likely to store legal documents and financial statements in online ledgers, including email transmissions from banks and other financial institutions. This reduces paper clutter but requires additional estate planning steps. Read More
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Businesses: Get ready for the new Form 1099-NEC

Jul 21, 2020

A tax form that used to be filed back in the 1980s is coming back for 2020. Here’s what businesses need to know. Read More
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Family matters: Estate planning considerations if you have adopted children or unadopted stepchildren

Jul 16, 2020

Does your family include adopted children or unadopted stepchildren? If so, it’s important to be aware of the estate planning implications. Read More
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Steer clear of the Trust Fund Recovery Penalty

Jul 14, 2020

The “Trust Fund Recovery Penalty” is among the more dangerous tax penalties facing business owners and managers with employees. Here’s why. Read More
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A win-win proposition: A CRT can benefit you and your favorite charity

Jul 09, 2020

Properly structured and funded, a charitable remainder trust (CRT) can provide substantial benefits. However, careful planning and solid investment guidance is necessary to ensure that your CRT meets your needs. Read More
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Haven’t filed your 2019 business tax return yet? There may be ways to chip away at your bill

Jul 07, 2020

The CARES Act, which passed in 2020, includes some retroactive tax relief for businesses. Some provisions may be beneficial on a tax return that hasn’t been filed yet (or you may be able to take advantage of them on an amended return if you already filed). Read More
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Avoid pitfalls when splitting gifts with your spouse

Jul 02, 2020

Doubling your annual gift tax exclusion to $30,000 per beneficiary by splitting gifts with your spouse is a great way to reduce your taxable estate. However, beware of common mistakes when splitting gifts to avoid unwanted consequences. Read More
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Do Not Ignore That Letter From the IRS

Jul 01, 2020

The IRS has shown some benevolence during the COVID-19 pandemic, extending deadlines and allowing more time to comply with information requests. However, the end to this grace period is coming soon and you WILL be required to eventually pay your tax bill they say you owe. Read More
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Main Street Lending Program – What You Need to Know Now

Jul 01, 2020

The Federal Reserve of Boston and the US Treasury have established a series of Main Street Program loans to assist businesses with cash flow during the pandemic. These are very different from the Paycheck Protection Program (PPP) loans. The SBA is not involved with the Main Street lending program. Also, unlike the PPP loans, the borrower’s financial condition will be factored in. Currently, interested lenders are registering to become eligible lenders for the Main Street lending programs. Once the program is operational, small and medium-sized businesses can apply for loan by contacting an eligible lender. Read More
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PPP Flexibility Act of 2020 Signed

Jul 01, 2020

The Paycheck Protection Program Flexibility Act of 2020 was signed by the President on June 5, 2020. It modifies key provision of the loan forgiveness portion of the Paycheck Protection Program (PPP) loans. Here is a summary. Read More
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February 2021 Why You Should Consider Using our Online Organizer, What the Late IRS Start Means to You, and more!

January 2021 IRS Launches Identity Protection PIN Program, Saving Too Much Can Sometimes Be Expensive, and more!

December 2020 Build a Fortress Defense for PPP Loan Forgiveness, Health Care Tax Advantaged Programs - 2021 IRS Limits, IRS Tax Inflation Adjustments for 2021 and more!

November 2020 Personalized QuickBooks Consulting, Should You Incorporate Your Business? and More!

October 2020 Be Prepared for High Taxes, IRS Announces 6 Common Tax Scams and More!

September 2020 Derecho 2020 – Can I Deduct My Losses? New Tax Rules for 2020 Planning and More!

August 2020  Retire Early and Thrive Webcast, 2020 Iowa Sales Tax Holiday, Time for a Paycheck Checkup, and More!

July 2020  Office Procedures Extended, PPP Flexibility Act of 2020, New 2020 Required Minimum Distributions Rollover Relief, and More!

June 2020  Office Procedures Extended, Your 529 Plan and School Refunds, Tax Savvy Moves to Consider Now, and More!

May 2020  New Laws Provide tax Relief During COVID-19, Is Your General Ledger Squeaky Clean?, PPP-Maximizing Loan Forgiveness and More!

April 2020 Navigating a Market Like No Other, CARES Act Outlined, and More!

March 25, 2020 Updates to our office procedures due to COVID-19, Families First Coronavirus Response Act, and More!

March 2020 HSA Contributions and Medicare - What You Need to Know, Kiddie Tax Changes, How to Take Advantage of the New Retirement Rules, and More!!

February 2020 Tax Clients-It is not to late, SECURE Act Seminar Present by TLD and WT, Time for a Yearly Credit Report and More!

January 2020 Tips to improve your credit score, Qualified Plug-In Electric Vehicle Tax Credit, 2020 Tax Limits/Thresholds, and More!

December 2019 Major Employment Tax Deadlines, 4 Tax Moves to Make Before 2019 Ends, How does Social Security work, and More!

November 2019 Do you Sell Products Over the Internet?, 5 Steps to Review Your Beneficiary Designations, Avoid Timeshare Resale Fraud​, and More!

October 2019 Key Retirement Account Rules, Make A Wish, 4 Good Reasons to Outsource Bookkeeping, and More!

September 2019 New IRS Tax Withholding Estimator Available, Great Records bring you greater tax savings, and More!

August 2019 2019 Iowa Sales Tax Holiday, Funding Retirement or Child's Education, Can I Deduct my Rental Property Loss Against Earned Income, and More!

July 2019 Never Take on the IRS Alone, Natural Disasters and Other Events-How You Can Help the Victims, Rhonda Andrews Begins a New Chapter, and More!

June 2019 7 Vacation Costs That Sneak Up on You, Prime Time for Home Sales, Al Capone, Aunt Becky, Tax Fraud and You, and More!

May 2019 3 Tax Planning Tips for Summer Jobs, New Overtime Rules Proposed, Leasing Vs. Buying a Car: Knowing the Tricks Makes you a Better Decision-maker, and More!

April 2019 5 Things Every High School Senior Should Know, Have You Set up your Online Social Security Account?, Why Use Quickbooks Online, and More!

March 2019 Tips to protect yourself from tax scams, Where is my income tax refund?, Rob Myers and Donna sanders become partners, and More!

February 2019 3 new changes could alter your 2019 tax plan, Its time to create your succession plan, Tips for a faster tax refund and More!

January 2019 Tim Terry Again Named to Corridor Business Journals Most Influential List, 5th Annual Realtor and Developer Summit, Iowa Itemized Deductions for 2018 Tax Year, and more!

December 2018 December 6 Tax Seminar - Register Today, Significant Changes to Kiddie Tax By Tax Cuts & Jobs Act (TCJA), and More!

November 2018 Medicare Open Enrollment, New Tax Law Has Significant Effects on Divorce, and More!

October 2018 How Best to Celebrate Our 40th, Upcoming Tax Seminars, Is a Tax Surprise Waiting For You, and More!

September 2018 Six Tips to Manage Capital Gains Tax, Dramatic Sales Tax Changes May Be Coming, and More!

August 2018 2018 Iowa Sales Tax Holiday, Saving for College, and More!

July 2018 2018 Midyear Tax Planning Letter, Six Home Ownership Tax Benefits, and More!

June 2018 QuickBooks® Seminar, Update on the TCJA, Medicare Enrollment Basics, and More!

May 2018 Have You Revisited Your Payroll Tax Withholding? HSA Limits, Protect Yourself in a Divorce Settlement and More!

April 2018 Retirement Issue: Avoid These Retirement Planning Mistakes, 5 Tips to Win the Battle Against Retirement Health Care Costs, Financial Calculators Available and More!

March 2018 Where is My Income Tax Refund?, Taxes and Virtual Currencies What You Need to Know, 2018 Dollar Limitations on Retirement plan Contributions, Beware: New Twist on an Old Scam and More!

Special Edition Stock Market Volatility

February 2018 New Year Tax Planning Letter Posted, Locate Lost Retirement Benefits, Avoid an IRS Audit and More!

January 2018 3 Important Facts About Splitting an IRA in a Divorce, Tax Reform in 2018, Non Spousal Inherited IRA Tax Tips, 4th Annual Realtor and Developer Seminar and More!

Special Edition 2017 Tax Reform: Last-minute Year-end Moves in Light of Tax Cuts and Jobs Act

December 2017 2017 Year-End Checklist, How to Fix Your Overfunded Retirement Account, Ace the FAFSA, Tax-Loss Harvesting Tips and More!

November 2017 Market Expectations, Year-End Tax Planning Letter, QuickBooks® Online Seminar and More!

October 2017 Identity Protection, 4 Good Reasons to Outsource Bookkeeping, Are You Taking Advantage of Your 403(b)?, What is Factor Presence Nexus? And More!

September 2017 Becoming a Smarter Renter, Form I-9 Revised, Time for an Insurance Review? And More!

August 2017 Iowa Sales Tax Holiday, Rules for Home Buyers, Zombie Payers, A Marriage Penalty and More!

July 2017 Health Savings Account Limits, How Much Do You Need to Retire? Succession Planning and More!

June 2017 Planning a Summer Vacation, Summer of the Arts, Tax Tips for Those Getting Married and More!

May 2017 IRS Begins Private Debt Collection, Three Tips for Managing Your Company's Cash Flow, Charitable Contributions and More!

April 2017 Where is My Iowa Tax Refund? What is Tax Cost Basis on Investments? Should You Amend Your Tax Return? Where Does the DOL Fiduciary Rule Stand Today? And more!

Special Edition - Beware of Phishing Scams! Our New Websites Have Launched! and 2017 Property Assessments Show Considerable Increases

March 2017 IRS Payment Agreements, A New Way to Save for Individuals with Disabilities, Account Registration of Your Assets and More!

Special Edition - 4 Items to Supply to Your Tax Preparer in Order to Claim the American Opportunity

February 2017 Join Us for the February 16th CR Metro Economic Alliance Biz Mix, 2017 New Year Tax Planning Letter, In Home Caregivers and Biennial Reports Due.

January 2017 New Form I-9, New Tax Deadlines, Haverback Becomes Partner, Registration for 3rd Annual Realtor and Developer Summit, 2017 Mileage Rates and More!