Accounting and Tax Services for Small Businesses and Individuals in the Des Moines, Iowa Area and Beyond
The tax reform of 1986 eliminated the marriage penalty at the lower income levels. The marriage penalty did still exist, but only at higher income levels.
The Dinesen Tax Times
I think tax reform will be a mixed bag for preparers ... those of us who deal with average folks will likely be hurt, while the firms that deal mainly with businesses will likely benefit.
I'm always confused when an unethical client bothers seeking out the help of a licensed professional.
Long-term care premiums are deductible in full on the Iowa tax return, NOT subject to the federal limitations.