Answer: this discussion goes beyond sole proprietors, and the short answer is "maybe."
Image courtesy of Pixabay.com College professors may be entitled to certain deductions on their tax returns for classroom books and supplies, and books and other materials which further their academic research. But what about maintaining books and other materials for “general knowledge”? A recent case before the U.S. Tax Court gives us the answer. Background A [...]
The Iowa Society of Enrolled Agents is putting on its second annual fall seminar. Dates are Tuesday, October 25, and Wednesday, October 26, at the Drury Inn in West Des Moines. Here are the topics: Day 1 History of Marriage and Taxes -- I'll be presenting this topic, based on my research into the history of [...]
Iowa has changed a rule relating to when taxpayers can deduct contributions to College Savings Iowa (Iowa's Section 529 Plan).