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

From the Archives: Taxpayer Identity Theft, Part 18

It's a holiday week so I'm re-posting popular blog posts from the past. This post from August 2013 is the next-to-last in a series of posts about a client of mine who spent more than 2 years -- or 850 days, or 2 years, 3 months, 28 days -- battling the IRS after her deceased husband's identity was stolen. The whole [...]

The Dinesen Tax Times

The 4 Choices a Small Business Owner Has When Their Business is No Longer a Side Business

March 23rd, 2017|0 Comments

Many of the business clients I work with are [...]

Allocating Estimated Payments for Taxable Refund Calculations

March 21st, 2017|0 Comments

When a taxpayer receives a refund of state income taxes, and the taxpayer took a deduction on their federal tax return, and some of the payments made to the state were estimated payments that may have been made in a different calendar year ... well, it can require some math to determine the taxable refund and the deductible portion of the estimated payment.

Glossary: Revenue Procedure

March 17th, 2017|0 Comments

In tax terms, a revenue procedure is IRS guidance on how taxpayers should comply with certain laws and regulations.

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

903, 2017

Can a Non-Resident of Iowa Take the Deduction for Health Insurance Premiums?

Can a non-resident take the deduction for health insurance premiums on their non-resident Iowa tax return? Yes.

512, 2016

Why is it Better to File Married Filing Separately in Iowa?

Today I want to answer a basic question: it’s almost always better for married couples to file as married filing separately instead of married filing jointly on their Iowa return. Why?