In the final day of the 2020 session, the Iowa legislature passed a bill that enacted several changes to Iowa tax laws. This post addresses several miscellaneous changes made to the tax laws that are effective immediately....more
The CARES Act, signed into law on March 27, 2020, provides several tax benefits for individuals, some will be seen immediately and others not until you file your 2020 taxes.
Tax Credit -
There are some specific rules...more
On Monday, Jan. 7, Governor Branstad and Lt. Gov. Reynolds announced a new program which allows eligible homeowners that purchase a home in 2013 to receive a dollar-for-dollar federal tax credit in an amount up to $2,000 per...more