Laura Riese joined our Tipton location in early September 2018. She will work primarily on corporate, partnership and personal taxes. Laura graduated with her Bachelors of Science in Accounting and Finance from Iowa State University in May of 2018. Marshall Shedeck joined the Iowa City team  in September 2018.  Marshall came to us from Ernst & Young...read more

Vance Glaser joined the Tipton office in August of 2018. Vance has experience in tax compliance and provision preparation, accounting, and financial statement preparation. Vance is a 2016 graduate of the University of Iowa and received his Bachelor of Business Administration in Accounting and Finance. Vance is a Certified Public Accountant (CPA) and previously worked for...read more

  By David M. Hanson, CPA The Standard Deduction The standard deduction is a tax deduction allowed under federal tax law (and some states such as Iowa) to individual taxpayers. This deduction varies in amount depending on the filing status of the taxpayer; i) single filer, ii) married filing joint filer, iii) married filing separately...read more

Written by David M. Hanson, CPA Iowa Estate Tax In recent years, the State of Iowa, like many other states in the U.S., had a state estate tax that subjected sufficiently large estates to tax. This tax was in addition to federal estate taxes that may have applied. The result – for sufficiently large estates...read more

Congratulations to Danny Stafford. Danny is the Assurance Director at LattaHarris. He is featured in the ISCPA Member spotlight. Click on the Danny’s name below to read the article. Danny Stafford  

Written by David M. Hanson, CPA Estimated Taxes – The Basics Estimated taxes are, like so many items in the tax law, relatively simple in concept but get bogged down in the details very easily. This article will focus on the rules as they apply to a sole proprietor self-employed farmer. The estimated tax rules,...read more

Written by David M. Hanson, CPA The Section 179 Deduction – A Review Federal tax law generously allows eligible taxpayers the opportunity to write off, i.e., take a tax deduction, for up to $500,000 of the purchase cost of equipment and certain building structure. If the taxpayer has sufficient taxable income without taking this deduction into...read more

 Article written by: David M. Hanson, CPA What are HRA’s ? The term “HRA” is actually an acronym for health reimbursement arrangement, aka health reimbursement account. These types of arrangements are sponsored by employers for their employees and are specifically authorized by the Internal Revenue Code (IRC), specifically IRC Sec. 105 and 106. These types...read more

His tax returns As the presidential election cycle for 2016 is now in the books, the subject of President-elect Donald Trump’s tax returns will likely pass quietly away. During the campaign season and run up to the election however many of the voting electorate and political analysts were disturbed by Mr. Trump’s refusal to publicly...read more

Article written by David Hanson, CPA, LattaHarris, LLP   In 2014, President Obama directed the United States Department of Labor (DOL) to update federal regulations defining which “white collar workers” are to be protected by the Fair Labor Standards Act (FLSA) minimum wage and overtime standards. This action was in response to the President’s stated...read more