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Calling all creatives! Compete in Rummage ReDux Challenge!

We invite you to take part in one of our favorite local events – but know prize money is taxable…

IRS Offers Tips for Teenage Taxpayers with Summer Jobs

  Students and teenagers often get summer jobs. This is a great way to earn extra spending money or to…

How to Handle IRS Letter/Notice

Issue Number:  IRS Summertime Tax Tip 2017-04 Inside This Issue Tips on How to Handle an IRS Letter or Notice The…

NEW CORRESPONDENCE AUDIT PROCESS!

Hence why documenting Itemized Deductions (emphasis on charitable contributions) is critical! The pilot will involve between 4,000 and 5,000 taxpayers…

Average Itemized Deductions – (2013-CCH)

I often get asked for national averages and current information is hard to find because 2013 is deemed to be…

Lawsuit Settlements – Individuals

Interest is always taxable Punitive damages are taxable except in wrongful death claims Personal injury or sickness damages are not…

IDOR Changing Process to Prevent Identity Theft & We Are Too!

The refund may take longer. Iowa Department of Revenue (IDOR or IDR) is committed to combating identity theft and tax…

Personal Fund Raising Sites –

These sites, also known as crowd funding, provide a way for an individual or group to raise funds for business…

If Not Now, When? Seth Godin

Care a little more. Show up. Embrace possibility. Tell the truth. Dive deeper. Seek the truth behind the story. Ask…

Break from the Norm – Me.

If the house goes up in smoke, I want to make sure I save… Madi – she’s my 6 year…

Eat at Home or Go Out?

The first and last weeks of the months are busy weeks for bmp, CPA. The schedule is jam packed with…

Tidbit – The Chance of a Lifetime!

That would be today. And every day, if you’re up for it. The things that change our lives (and the…