Just When You Thought it was Safe…
Just when you thought it was safe to attempt to do your federal tax return for 2018, there are still plenty of sharks in the form of state of Iowa changes to be aware of for 2018 and going forward…
Category Individual
Alert!! Tax season on the Horizon!!
As the new year is upon us it is time to start thinking about taxes. It is time to organize and gather documents as they come in the mail. Gathering information for your tax preparer may seem overwhelming, but staying…
Time Flies When You’re Having Fun!!
WOW, did 2018 fly by or what!? Our office will be sending out your tax organizers in the middle of January so please be on the lookout If you have moved or are in the process of moving, please contact…
Increased Standard Mileage Rates for 2019
Beginning January 1, 2019 the standard mileage rates will be: 58 cents per mile for business miles driven (up from 54.5 cents in 2018) 20 cents per mile for medical or moving purposes (up from 18 cents in 2018) 14…
More Data Breaches
Have you recently paid a parking ticket to the City of Ames? Or perhaps you recently stayed at Sheraton or Westin hotels? The data breaches reported by the City of Ames and Marriott International are another wake-up call highlighting the…
WHERE’S THE BEEF??
When you get a first glimpse of the Form 1040 for 2018, this is the first question you might ask yourself. Where is the beef to the 1040 form?
News from Social Security Administration
The Social Security Administration released their final numbers. They continue to raise the new limit that you must pay Social Security/ Self employment tax on. The maximum base increases to $132,900 in 2019 (from $128,400 in 2018). This will result…
Per Diem Rate for Truckers
Notice 2018-77 just released the new 2018-2019 special per diem rates for those in the transportation industry. The new meal and incidental expenses (M&IE) rates for truckers is $66 per day. This is up from 2017 where the rate was…
Iowa Small Business Summit
You’re invited to attend the Iowa Small Business Summit on September 6th in Grinnell, Iowa where you will join other small business owners/managers at this free event. Meet one of the people behind the summit and learn what will help make…
Four Score and Seven Years of Tax Reform
In early June, Tim and I had the opportunity to attend a two – day conference on farm income tax and estate planning out in Shippensburg, Pennsylvania, which is approximately 30 miles west of Gettysburg. At the forefront of tax…