Accounting and Tax Services for Small Businesses and Individuals in the Des Moines, Iowa Area and Beyond

The Dinesen Tax Times

Revisiting a History of Marriage in the Tax Code, Part 3

August 17th, 2017|0 Comments

In Part 3 of this series, we explore why joint tax returns were so common even after major tax-law changes in 1917.

Can I Claim My Disabled Daughter as a Dependent?

August 15th, 2017|0 Comments

Your daughter is likely your dependent. The key test is: is she providing more than ½ of her own support?

What is the Income Threshold for Going from Sole Proprietor to S-Corp?

August 9th, 2017|0 Comments

I say it depends on your cash flow and whether or not you can afford to pay yourself a reasonable salary for the work you’re doing.

Small Business

305, 2016

You Can Afford Employees But Not an Accountant?

Things business owners have actually said to me: "I hired employees but can't afford an accountant."

1203, 2015

Why Do Unethical Clients Bother Working With Tax and Accounting Pros?

I'm always confused when an unethical client bothers seeking out the help of a licensed professional.

State Taxes

2607, 2017

Are Dental Insurance Premiums Deductible in Iowa?

Iowa allows a deduction in full for health insurance premiums paid with after-tax dollars. This sometimes creates questions about what exactly counts as a "health insurance premium." For example, does dental insurance count? The short answer is, yes.

506, 2017

Iowa Deduction for Charitable Mileage

Image courtesy of user Maialisa on Pixabay.com Iowa allows taxpayers to take an extra itemized deduction for charitable mileage. Here’s how it works. Background [...]