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Tax Roundup, 12/1/16: Politicians to the rescue, with your money. And: house...
Cronyism is fine if you’re my crony. State politicians have a long and undistinguished history of bribing prominent businesses to locate or stay in their jurisdictions. Now it’s presidential....
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Tax Roundup, 1/25/17: Dead corporation, dead deduction. And links on filing...
Is there tax life after administrative death? When a business withholds taxes from payroll, it isn’t really their money anymore, even while it is still in the business bank account. If the government...
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Tax Roundup, 2/1/17: IRS “campaign” targets S corp. losses, related party...
Campaign season. The IRS Large Business and International Division yesterday unveiled 13 tax compliance “campaigns” it is undertaking. According to Tax Notes ($link), LB&I head Douglas O’Donnell...
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Tax Update, 2/9/17: New savings plan for disabled debuts in Iowa. Also: Boris...
Iowa sets up tax-advantaged savings plan for the disabled. The Quad City Times reports: Iowans with disabilities or their family members are being offered a new tax-advantaged savings account that...
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Tax Roundup, 2/10/17: Forget coupling. Also: Border adjustment post party!
If Iowa’s income tax were a car, it would look like this. No coupling, no reform in Iowa this year. The 2017 session of the Iowa General Assembly is shaping up to be a big tax policy disappointment....
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Tax Roundup, 2/22/17: Iowa capital gain rule, trusts, and participation....
QSST! Iowa has one weird trick a rule that allows a small group of taxpayers to exclude gains on certain business asset sales from their Iowa income. You have to pass two tests to qualify: You have to...
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Tax Roundup, 3/10/17: One day is all it takes to be taxed. Also: state rates,...
Movement and location. Crossing state lines is no big deal. There is no border checkpoint on I-80 when you drive into Illinois, and a vacationer crossing six state lines in a day is nothing remarkable....
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Tax Roundup, 3/22/17: My tax credit is special! Also: mobile workforces,...
Iowa Uncoupling Webinar today. I will be be presenting a webinar at noon today for the ISU Center on Agricultural law and Taxation on Iowa’s decision to uncouple from 2015 tax law changes for 2016...
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Tax Roundup, 5/8/17: New Governor – new tax policy? Links on gambling losses,...
Governor Reynolds and Iowa tax reform. Iowa Governor Branstad is likely to be confirmed as Ambassador to China shortly, so we get a new Governor soon — or, says the Iowa Attorney General, a Lieutenant...
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Tax Roundup, 5/9/17: No put backs once you’re in Tax Court. Links include...
It’s hard to get to Tax Court in 60 days. The tax law wants people who put money into Individual Retirement Accounts to leave it there until they actually retire. That’s why there is a strict 60-day...
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