Bluffs CPA

Ideas, insights, and updates from a CPA in Council Bluffs, Iowa

Entries Tagged ‘Tax’

MACRS HY Depreciation Schedule

Just to show how big of a dork I am, I wanted to share a spreadsheet that I made in Excel originally, then realized it was simple enough to even be used as a Google Document. It’s set up to put in the asset information you have, then figure the MACRS depreciation based on the [...]

Somebody has to pay taxes

A lot of people are getting fired up talking about significant income tax reform. Everyday there is someone posting on Twitter about income tax being unconstitutional or that the founders would be rolling in their graves about it. While that may be a fair point, no one seems to offer a viable solution. It would [...]

Iowa tax policy activity

The Des Moines Register has a nice summary on the activity that the state government has taken, will likely examine, and also notable items that are pretty much dead in the water. A few items that have cleared the hurdle into approved territory are the Taxpayers First Act that reduces funding for university sabbaticals and [...]

Attention Omaha Business Owners…

The Douglas County Assessor’s office will not be sending out pre-filled personal property tax returns this year. In an effort to reduce operational expenditures, these courtesy returns will no longer be sent out. However, they do have a free e-filing system that is up and running. Your personal property tax is still due by May [...]

To Omaha and Council Bluffs Non-profits

The IRS, under a one-time relief program, will allow small tax exempt organizations that have not filed returns for 2007, 2008, and 2009 to keep their tax-exempt status if they file a return by October 15, 2010. They have also published a list of organizations that they expected to hear from, but have not heard [...]