Estimated Taxes (Iowa) Due

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Don't forget that your 3rd Quarter estimated taxes for the IRS are due on September 30. The previous dates were April 30, 2022 and June 30, 2022. The next deadline is January 31, 2023. It you are not sure how much you owe for estimated taxes, go see if the…

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Medical Expenses Checklist

Qualifying medical expenses paid out of pocket can be deducted on taxes for taxpayers who itemize their deductions. With dozens of potential expenses to consider, we offer a starting point in the checklist below. Here, you will find some of the most commonly identified expenses as listed in the IRS Publication 502.

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Keep It Personal – Classify Your Online Payments Properly or Face the 1099-K

The 1099-K originates in business transactions performed using online payment systems like PayPal. The situation changed for everyone starting January 2022, eliminating a potential tax loophole for small businesses and creating substantial more risk for personal use.

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