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

Does My Teenager Need to File a Tax Return?

Let’s look at the rules for when a dependent needs to file a tax return. For reference, see Table 1-2 on page 7 of this year’s IRS Publication 17.

The Dinesen Tax Times

Three Ways A Small Business Can (Legitimately) Avoid Regulations

April 18th, 2018|0 Comments

A common question from business owners is, how can a small business avoid the crush of taxes and regulations while still staying within the confines of the law?

Iowa Taxes and Married Filing Separately, Issues 4 and 5: Capital Losses and IRA Deductions

April 11th, 2018|0 Comments

Iowa’s taxation of married couples has quirks that can throw a taxpayer or tax preparer for a loop. This part in the series of blog posts will focus on capital losses, and deductions for IRA contributions.

What If My Ex Won’t Sign Form 8332?

April 4th, 2018|Comments Off on What If My Ex Won’t Sign Form 8332?

If your ex won't sign Form 8332 to let you claim the kids, you don't have a lot of good options.

Small Business

1403, 2018

If a Not-for-Profit Loses Its Corporate Status, Does It Lose Its Tax-Exempt Status As Well?

If a not-for-profit loses its corporate status at the state level, does this affect its tax-exempt status with the IRS?

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."

State Taxes

1104, 2018

Iowa Taxes and Married Filing Separately, Issues 4 and 5: Capital Losses and IRA Deductions

Iowa’s taxation of married couples has quirks that can throw a taxpayer or tax preparer for a loop. This part in the series of blog posts will focus on capital losses, and deductions for IRA contributions.

2103, 2018

Iowa Taxes and Married Filing Separately Issues 1, 2 and 3: Items of Income, And Other Basics

Iowa taxes get quirky when married couples file separate tax returns. Today’s post will focus on a couple of filing basics when filing separately, as well as how to account for basic things such as W-2 income.