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Iowa House Ways and Means passes coupling with $500K 2010 Section 179 limit...
The Iowa House Ways and Means Committee has given Iowa businesses another reason to take their time finishing their 2010 returns. Rod Boshart reports at Eastern Iowa Government.com: The House Ways and...
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Iowa legislature fails again to settle 2010 tax depreciation rules
Different day, same story. The Iowa General Assembly conference committee trying to reconcile House and Senate bills with differing depreciation rules has now gone two weeks without figuring out what...
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Movement on Iowa 2010 fixed asset rules?
I hear that a new “coupling” bill is moving through the Iowa legislature on a fast track as an amendment to SF 512, the indigent defense appropriation. It reportedly has just passed the House Ways and...
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Conference Committee agrees to bonus depreciation for Iowa for 2011
It looks like Iowa will couple with bonus depreciation for 2011 after all. The long-dormant conference committee working to reconcile the differing versions of the indigent defense appripriation bill...
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Legislature sends 2011 Iowa bonus depreciation to Governor
The Iowa House of Representatives yesterday sent SF 209 to Governor Branstad for signature. The bill allows Bonus depreciation on Iowa returns for tax years beginning on or after January 1, 2011. 2011...
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Bonus depreciation for Iowa — not so fast?
Update, 4:15 pm: Governor item-vetoes 2011 Iowa bonus depreciation, enhanced earned-income credit. An insider tells me that since he let the “taxpayer relief fund” stand, there probably will not be an...
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Time to amend Iowa returns?
If the dollars are small and the costs are big, it may pay to wait to amend for this month’s changes in Iowa’s 2010 tax law. The ISU Center on Agricultural Law and Taxation explains.
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Iowa’s tax season officially ends today
While the federal due date was two weeks ago, Iowa’s 1040s are due today. Iowa’s usual April 30 deadline fell on Saturday, so today is the day. Iowa automatically extends returns without a separate...
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When to amend Iowa returns?
I talk about the possibilty of legislation that would save taxpayers the trouble of amending 2010 Iowa returns to claim the benefits of Iowa’s last-minute legislation passed last month in my new...
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Someone else cares about Iowa tax policy!
There’s a new blog that touches on some of our favorite topics: TruthIowa.com. From their June 9 post, Opportunity Lost on Corporate Taxes: The greatest job creation comes from small, rapidly growing...
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