Taxation :: Current Issues

Federal Taxation

• Preparer Regulations Wiped Out; Farmer Filing Deadline Pushed Back -- January 2013

• New Tax Legislation - January 2013

• Counties Eligible for Extended Replacement Period for Livestock Sold Due to Drought - September 2012

• IRS Catches-Up With The 1986 Tax Act - Chief Counsel’s Office Says Vineyard Qualifies For Expense Method Depreciation -- August 2012

• “Payroll Tax Cut” Extension Bill Clears the Congress -- February 2012

• U.S. Supreme Court to Consider Constitutionality of Health Care Act -- November 2011

• Vow To Hire Heroes Act Becomes Law -- November 2011

• Counties Eligible for Extended Replacement Period for Livestock Sold Due to Drought - September 2011

• "Temporary" Tax Dies After 35 Years -- July 2011

• IRS Agrees That “Bonus” Depreciation On “Luxury” Autos Results in No Depreciation in Years 2-6, But Then Offers Safe Harbor; Other “Bonus” Depreciation Guidance Offered -- March 2011

• IRS Announces Filing Returns for Some Taxpayers -- January 2011

• Modiification to Preparer Regulation Rules Announced -- January 2011

• Tax Deal Reached? -- December 2010

• Banking Bill With Tax Provisions Clears Senate and House – To Be Signed Into Law -- September 2010

• Counties Eligible for Extended Replacement Period for Livestock Sold Due to Drought -- September 2010

• Court Rules That LLC Owner Personally Liable for Payroll Taxes-- September 2010

• Treasury Report Details First-Time Homebuyer Credit Fraud -- June 2010

• E-Filing At the U.S. Tax Court -- May 2010

• Health Care Legislation Contains Numerous Tax Provisions -- Updated February 2010

• Tax Extenders Act of 2009 -- November 2009

• Extended NOL Carryback Filing Deadline – Fall 2009 -- August 2009

• Non-Permanent Tax Legislation - Headaches for Tax Practitioners and Taxpayers -- May 2009

• U.S. Supreme Court Rules That Trust Investment Fees Are Subject to the 2% Deduction Floor - But More Fees May Escape the Floor in the Future -- Updated April 2009

• New Case Involving the Passive Loss Rules and Grouping of Activities -- April 2009

• IRS Again Says Sec. 179 Elections Can Be Made on Amended Returns For Tax Years Beginning Before 2011 -- February 2009

• Massive Spending Bill Signed Into Law; Numerous Tax Provisions Included -- February 2009

• Archived Federal Taxation Articles

 

Iowa Taxation

• Budget Bill With Key Tax Provisions Still Not Yet Law -- July 2011

• Iowa Coupling Bill Passes -- April 2011

• Iowa Administrative Code Rules - Iowa Capital Gain Deduction (PDF) -- October 2009

• Flu Vaccine Subject To Sales and Use Tax - Iowa -- September 2009

• IDOR Ruling At Odds With IRS On Whether CRP Land Is Used in Ag Production -- August 2009

• Iowa Department of Revenue Rules On The Material Participation Test For Purposes of The Iowa Capital Gains Deduction -- August 2009

• Iowa Department of Revenue (IDOR) Issues Several Rulings -- June 2009

• Iowa Legislature Finishes - Update on Tax Provisions -- April 2009

• Changes to Wind Energy Tax Credits (Iowa) -- April 2009

• Archived Iowa Taxation Articles

 

State Taxation

• New Rules Proposed On Wine Collectors, Small Winery Cooperative Wholesalers – Wisconsin -- August 2008

• South Dakota Legislature Approves Tax Subsidy for Wind Farms -- March 2008

• Georgia Senate Approves Amendment Eliminating State Property Tax -- February 2008

 

Economic and Tax Data

• Treasury Releases Tax and Economic Data -- January 2008