PATH

Iowa Has a Section 179 Problem

By |2018-05-31T07:29:56+00:00April 8th, 2018|Accounting, Agriculture, Deductions, IRS, PATH, TAX, Tax Reform|

The tax filing season is well underway with deadlines coming and going and increased timing pressures. With the season comes look-backs and look-forwards. One of the biggest tax items affecting nearly every farm operation in 2018 and beyond is the IRC Section 179 Expense. The federal government has been generous with this deduction; however, Iowa [...]

Tax Opportunities to Close Out 2016

By |2017-04-21T12:50:43+00:00December 12th, 2016|Healthcare, PATH, TAX, Tax Services|

In recent weeks, Congress has passed some key legislation that will affect taxes for 2016.  Most of these provide opportunities that may benefit you.  Here’s a summary from Brian K. Isom, CPA, Principal in our Burlington office. Health Reimbursement Arrangements for "Small Employers" Congress passed and President Obama signed into law the 21st Century [...]