Tax Tips

Anyone who runs a business knows just how important it is to pinch pennies when they can, and that applies to making tax deductions in order to keep tax costs low and more money in the business itself. Though you might know that deductions are popular for small businesses, taxes are generally confusing, and there […]

You might be one of the many people who look forward to calculating their taxes, watching that little ticker in the corner slowly increase as you enter deductions and other credits. This year, though, that ticker was more stubborn, and it’s not just a miscalculation. In fact, most people in the United States are finding

Some of the most common questions we get regarding tax assistance in Des Moines, IA are about tax brackets. We understand—tax brackets can be extremely confusing, especially since they recently changed due to the Tax Cuts and Jobs Act (TCJA) of 2017. To help you out as you prepare to file your 2018 taxes, here’s

In late 2017, the government rolled out the Tax Cuts and Jobs Act (TCJA), which made some significant changes for tax preparation in Des Moines, IA and across the nation. This April, you’ll be filing your taxes using the new tax rules outlined by the TCJA, and some of the changes might surprise you. Not

The new year is going to bring a lot of shakeups in the world of tax preparation, as 2018 is the first tax year for which the new Tax Cuts and Jobs Act is in effect. The legislation, passed by Congress and signed into law by President Donald Trump in December 2017, features the most

Tax deductions can be a big-time assistance for small business owners who need to cover the costs of running their company. Therefore, it’s important to be diligent with tracking your business expenses throughout the year so you can more thoroughly and accurately itemize on your tax return come the spring. Here’s some information from our

There are a variety of strategies you can employ at the end of the year that will benefit you come tax season. Some of these strategies include deferring income when possible, selling off bad investments to offset gains and contributing the maximum amount to your retirement account. But you’re also able to take some last-minute

When you work in the field of tax preparation in Des Moines, IA, you see a shocking number of people and businesses wait until the very last minute to turn their taxes in every single year. It never fails—many people don’t even look at their tax documents until the calendar turns to April. While you

The Tax Cuts and Jobs Act will begin affecting your taxes for tax year 2018, meaning the first few months of 2019 could be a bit of a stressful time for people who will be affected by some of its changes. It’s important that you read up on the changes implemented in the tax code

Under federal law you are technically not allowed to begin taking your business deductions until you’ve actually started up your business. This means your business has to actually providing the services or goods you will be offering. Of course, anyone who has gone through the business formation process knows just how much time and money