Monthly Archives: February 2018

14 Things Famers and Agri-business Need to Know About Tax Reform

By |2018-02-27T14:20:06-06:00February 9th, 2018|Agriculture, Tax Reform|

The passing of the Tax Cuts and Jobs Act is one of the most significant changes to tax reform in decades. Here’s a highlight of some of the major items in the bill that may impact you, your farming operation and/or agri-business. Tax Cuts and Jobs Act Highlights for Farming and Agri-business The highest tax [...]

3 Common Triggers for a Business Valuation

By |2019-04-10T13:37:51-05:00February 9th, 2018|Business Valuation, Estate Planning, Gifts, Mergers, Sell, Shareholder|

Remember when you wanted to know the value of that sports trading card or a rare stuffed animal? In the 1990’s, if your friend or colleague told you the Michael Jordan autographed rookie card was worth $2, would you believe them? The reasonable answer is “No,” right? To determine a reliable estimate of value for [...]

Tax Time with TD&T: Help for Iowa First Time Homebuyers

By |2019-05-14T09:24:16-05:00February 9th, 2018|Deductions, Home, Tax|

In May of 2017, Iowa passed a bill that created the Iowa First Time Homebuyer Savings Account and related tax deduction.  Effective January 1, 2018 Iowa first time homebuyers may save for their future Iowa residence tax free, and get a deduction on their Iowa tax return for savings contributions. In Summary Individuals or married [...]