Williams & Company P.C.
News & Information
The OBBBA: An Overview of Major Provisions
The One Big Beautiful Bill Act became law on July 4, 2025. The new law, which is generally regarded as pro-business, contains significant tax changes
BOI Reporting Update
Corporate Transparency Act — Preliminary Injunction on the Beneficial Ownership Information Reporting RE: Recent Legal Developments Regarding the Corporate Transparency Act — Preliminary Injunction
USDA Disaster Assistance Programs
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
Navigating Casualty Loss: IRS Guidelines
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
Disaster Assistance in Iowa: Loans, Grants, and Programs
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
Disaster Extension Deadline
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