I have not been shy about my criticism about the Iowa Department of Revenue’s (“Department”) muddy guidance on the sales taxation of “commercial recreation.” Previously, I wrote about the Department perplexingly concluding that spinning classes are subject to sales tax as “commercial recreation”, but Pilates are not. Now, the Department muddied the waters by adding
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23 in 2023: Dickinson Law Attorneys Honored by Best Lawyers®
Dickinson, Mackaman, Tyler & Hagen, P.C. is pleased to announce that once again attorneys of the firm have been named by Best Lawyers to all three of its recognition lists for 2023.
Based on peer reviews, those recognized by Best Lawyers were honored for their work in 25 different areas of law and represent three-fourths of…
Charles Telk Joins Dickinson Law
We’re pleased to announce that Charles Telk III has joined Dickinson, Mackaman, Tyler & Hagen P.C. as an Associate Attorney.
Charles graduated in December with dual degrees including his Juris Doctorate with High Honors from Drake University Law School and a Master’s of Business Administration from Drake University. He earned an undergraduate degree in accounting…
Governor Reynolds Signs Iowa House File 2317 Into Law
On March 1, 2022, Governor Kim Reynolds signed House File 2317 into law.
The new law reduces state income taxes substantially benefitting retired individuals, farmers and individuals in the higher income tax brackets. It raises taxes on individuals in the lower income tax brackets.
Retirement Income
Beginning in 2023, Iowa will no longer tax 401(k)s, pensions…
Iowa Department of Revenue Seeks to Narrow Sales Tax Exemption Through “Clarifying” Rulemaking
On May 5, 2021, the Iowa Department of Revenue filed a Notice of Intended Action (ARC 5614C) demonstrating its intent to implement administrative rules that would impact manufacturers of food products for human consumption.
On June 16, 2021, the Department filed an Amended Notice of Intended Action (ARC 5720C) regarding the previously filed Notice. The substance…
2021 Summer Associate: Charles Telk III
Dickinson, Mackaman, Tyler& Hagen P.C. is happy to announce that Charles Telk III has joined the firm as a Summer Associate.
Charles is currently attending Drake University Law School where he will graduate in December with both a JD and MBA degree.
Before heading to law school, he earned a bachelor’s degree in Accounting from…
Iowa Department of Revenue Issues Contradictory, Confusing Guidance Regarding Computer Sales Tax Exemption
Recently, the Iowa Department of Revenue issued informal guidance regarding Iowa’s sales tax exemption for purchases of computers by a commercial enterprise.
I have previously discussed Iowa’s computer sales tax exemption here and here. The informal guidance, in some cases, contradicts previous guidance provided by the Department and relied upon by taxpayers, and in other…
IRS Guidance on Deducting Expenses paid with PPP Loan Proceeds
UPDATE – ON DECEMBER 21, 2020 CONGRESS ANNOUNCED A NEW STIMULUS PACKAGE THAT WILL ALLOW EXPENSES PAID WITH THE PROCEEDS OF A PPP LOAN TO BE DEDUCTED IN FULL.
During the week of November 20, the IRS issued two rulings, Revenue Ruling 2020-27 and Revenue Procedure 2020-51 providing guidance to taxpayers who have received Paycheck…
IRS Guidance on Deducting Expenses paid with PPP Loan Proceeds
This week the IRS issued two rulings, Revenue Ruling 2020-27 and Revenue Procedure 2020-51 providing guidance to taxpayers who have received Paycheck Protection Program (PPP) loans.
Although the forgiveness of a PPP Loan is not taxable, expenses paid with the proceeds of a forgiven loan are not deductible. The discussion below assumes that the taxpayers…
Dickinson Attorneys Named to All Three Best Lawyers® Recognition Lists for 2021
Dickinson, Mackaman, Tyler & Hagen, P.C. is pleased to announce that 24 attorneys of the firm have been named by Best Lawyers® to its 2021 recognition lists for professional legal excellence, including:
- 21 attorneys with extensive experience were included in The Best Lawyers in America;
- Three distinguished attorneys were honored as “Lawyer of the Year” in their
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