News & Information

Don’t forget about Iowa’s Tuition & Textbook Tax Credit. You may be able to claim a credit for qualifying K-12 education expenses, including: Tuition Required

The IRS has announced a mid-year increase to the standard business mileage rate due to rising fuel costs. Effective July 1, 2026: Business mileage: 76¢

Beginning in 2026, you may be able to receive a tax benefit for charitable giving, even if you don’t itemize deductions. Taxpayers who claim the

As we look ahead to year-end reporting, now is a great time to make sure your payroll and vendor records are in good shape. A

Trump accounts are a new type of tax‑advantaged savings vehicle for children under age 18, created under the One Big Beautiful Bill Act (OBBBA). These

Our very own, Dan Semmler, was chosen to be a spotlight partner by BOA Safra Ag. They shared his insightful thoughts regarding Legacy Nutrient Deductions

Corporate Transparency Act — Preliminary Injunction on the Beneficial Ownership Information Reporting   RE: Recent Legal Developments Regarding the Corporate Transparency Act — Preliminary Injunction

The USDA’s disaster assistance programs offer critical support to farmers affected by the recent natural disasters. These programs include help with livestock losses, farm loans

An aspect of calculating a casualty loss is determining the decrease in the property’s FMV (fair market value). The IRS instructs taxpayers to calculate this

There are numerous state and federal government programs available to help anyone or any business affected by the storms in numerous counties in Iowa. The

Iowa residents and businesses affected by the storms that began on June 16th now have until November 1st to file federal tax returns and make

  We are pleased to share insights on casualty loss from our firm manager at the Yankton office, Amanda Smith, offering valuable expertise on this