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

Revisiting a History of Marriage in the Tax Code, Part 11

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

Iowa Taxes and Married Filing Separately: Wrapup Post

June 20th, 2018|0 Comments

Over the last few months I've been posting excerpts from a presentation I give about the "married filing separately" filing status on Iowa tax returns. We've reached the end of this series, and the parts are scattered across multiple months, so I am pulling together each post, with links, below.

Iowa Taxes and Married Filing Separately: Issues 14 and 15: Itemized Deductions and Tax Credits

June 13th, 2018|0 Comments

Iowa’s taxation of married couples has quirks that can throw a taxpayer or tax preparer for a loop. This post will cover allocation of itemized deductions, and allocation of tax credits, when couples file separately in Iowa.

Iowa Taxes and Married Filing Separately: Issue 13: Deduction for Federal Taxes

June 6th, 2018|Comments Off on Iowa Taxes and Married Filing Separately: Issue 13: Deduction for Federal Taxes

Iowa’s taxation of married couples has quirks that can throw a taxpayer or tax preparer for a loop. This post will focus on deducting federal tax payments on your Iowa tax return.

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

2006, 2018

Iowa Taxes and Married Filing Separately: Wrapup Post

Over the last few months I've been posting excerpts from a presentation I give about the "married filing separately" filing status on Iowa tax returns. We've reached the end of this series, and the parts are scattered across multiple months, so I am pulling together each post, with links, below.

1306, 2018

Iowa Taxes and Married Filing Separately: Issues 14 and 15: Itemized Deductions and Tax Credits

Iowa’s taxation of married couples has quirks that can throw a taxpayer or tax preparer for a loop. This post will cover allocation of itemized deductions, and allocation of tax credits, when couples file separately in Iowa.