Current Issues
Dollar$ and Sense Article Archives:
Comparing Investment Yields (September 2011)
Income Averaging for Farmers (August 2011)
How You Children Can Save You Money (July 2011)
What's NEW with the Energy Credit? (May 2011)
What is the #1 reason for tax refund delay? (April 2011)
Here you can find websites and articles on current tax and accounting issues, changes, and updates:
Three Tips for Employers Outsourcing Their Payroll-- IRS.gov (released 9/02/11)
Keep Good Records Now to Reduce Tax-Time Stress-- IRS.gov (released 8/26/11)
Seven Tax Tips for Recently Married Taxpayers-- IRS.gov (released 8/19/11)
IRS asks airlines to refund tax on tickets-- IRS.gov (released 07/22/11)
Two-Year Limit No Longer Applies to Many Innocent Spouse Requests-- IRS.gov (released 07/25/11)
IRS gives three month extension: Highway Use Tax Return Due Nov. 30-- IRS.gov (released 07/15/11)
IRS Identifies Organizations that Have Lost Tax-Exempt Status; Announces Special Steps to Help Revoked Organizations -- IRS.gov (released 06/09/2011)
IRS Increases Mileage Rate to 55.5 Cents per Mile -- IRS.gov (released 06/2011)
Tax Year 2010 Income Tax Changes for Iowa Taxpayers -- Iowa.gov (enacted 04/2011)
Deduction of Educator Expenses
Tuition and Fees Deduction for Higher Education
Election to Deduct State Sales/Use Tax as an Itemized Deduction in lieu of State Income Tax
Earned Income Tax Credit (EITC)
Tax Free Distribution from an IRA to Certain Charities for Individuals 70½ and Older
Operation New Dawn (effective May 2011)
Affordable Care Act Tax Provisions-- IRS.gov ( enacted 03/2010)
Small Business Health Care Tax Credit
Changes to Flexible Spending Arrangements
Excise Tax on Indoor Tanning Services
Employer-Provided Health Coverage
Discontinuance of Federal Tax Deposit Coupons -- IRS.gov