Blog posts in tag Iowa Table SALT

Festivus 2019: State Tax Edition

Posted on 12/20/2019 at 09:20 AM by Cody Edwards

Categories: Agribusiness Law, Business Law, Cody Edwards, Table SALT, Taxation Law

Tagged As: Airing of Grievances, Attorney Cody Edwards , auctioneers , consignment shops, Feats of Strength, Festivus, Iowa Department of Revenue, Iowa legislature, Iowa Table SALT , Iowa Tax, Iowa Taxation Law, Linn County District Court , Marketplace Facilitators, radio stations, Seinfeld, taxation law, The Human Fund

Festivus 2019: State Tax Edition

And just like that, another Festivus (A Festivus for the Rest of Us!) is upon us! We are celebrating Festivus by re...

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District Court Blesses “Flow-Through” Charitable Status in Property Tax Exemption; Grants Exemption

Posted on 10/18/2019 at 03:15 PM by Cody Edwards

Categories: Cody Edwards, Table SALT, Taxation Law

Tagged As: Dickinson Law, Iowa Code, Iowa Table SALT , nonprofit corporations, SALT Law Des Moines Iowa, Tax Law Des Moines Iowa

District Court Blesses “Flow-Through” Charitable Status in Property Tax Exemption; Grants Exemption

On September 11, 2019, the District Court for Linn County determined that an Iowa nonprofit corporation, which is wholly...

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Even Occasional Gambling Can Create Tax Issues

Posted on 08/21/2019 at 10:30 AM by Ronald Mountsier

Categories: Table SALT, Taxation Law

Tagged As: Iowa Table SALT , IRS, SALT Law Des Moines Iowa, Sports Wagering Law , tax law, gambling, gambling losses, gambling winnings , tax deductions, taxable income, legalized sports betting , sports betting by phone or online, Ronald Mountsier

Even Occasional Gambling Can Create Tax Issues

As a general rule, gambling income is taxable, and with the advent of sports wagering in Iowa, now is a good time to rev...

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Effective July 1, 2019, Grain Bins are Exempt From Sales Tax; Complexity, Unanswered Questions Remain

Posted on 07/16/2019 at 02:57 PM by Cody Edwards

Categories: Agribusiness Law, Agricultural Law, Cody Edwards, Table SALT, Taxation Law

Tagged As: contractors, Grain Bins, Iowa Agricultural Law, Iowa legislature, Iowa Table SALT , sales tax

Effective July 1, 2019, Grain Bins are Exempt From Sales Tax; Complexity, Unanswered Questions Remain

After years of confusion about whether grain bins are subject to sales tax, this past legislative session the Iowa legis...

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(Asset) Buyer Beware: Post-Acquisition Personal Liability for Seller’s Pre-Acquisition Sales Tax Liability

Posted on 05/20/2019 at 11:07 AM by Cody Edwards

Categories: Cody Edwards, Table SALT, Taxation Law

Tagged As: Iowa Department of Revenue, Iowa sales tax, Iowa Table SALT , Iowa Tax, Iowa Use Tax

(Asset) Buyer Beware: Post-Acquisition Personal Liability for Seller’s Pre-Acquisition Sales Tax Liability

The law regarding post-acquisition tax liability is thought, by most, to be well known: In a stock sale, taxes incurred...

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Iowa Supreme Court Ruling Affects Construction Contractors’, Service Providers’ Sales Tax Obligations

Posted on 12/17/2018 at 01:47 PM by Cody Edwards

Categories: Cody Edwards, Table SALT, Taxation Law

Tagged As: Iowa sales tax, Iowa Supreme Court, Iowa Table SALT , Lowe's Home Centers vs. Iowa Department of Revenue, sales tax

Iowa Supreme Court Ruling Affects Construction Contractors’, Service Providers’ Sales Tax Obligations

On December 14, 2018, the Iowa Supreme Court, in Lowe’s Home Centers, LLC v. Iowa Department of Revenue,  fou...

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Congratulations, Apartment Owners, you May Be Required to Collect Iowa’s New Water Services Excise Tax

Posted on 10/31/2018 at 12:55 PM by Cody Edwards

Categories: Real Estate & Land Use, Table SALT, Taxation Law

Tagged As: Apartments, Iowa Table SALT , Iowa Tax, Water Excise Tax

Congratulations, Apartment Owners, you May Be Required to Collect Iowa’s New Water Services Excise Tax

This past legislative session, the Iowa legislature created a sales tax exemption for the “sale or furnishing by a...

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LOST in an Iowa Use Tax Audit: Tax Return > Administrative Rules?

Posted on 08/29/2018 at 12:54 PM by Cody Edwards

Categories: Cody Edwards, Table SALT, Taxation Law

Tagged As: Iowa Department of Revenue, Iowa sales tax, Iowa Table SALT , Iowa Tax, Iowa Use Tax, LOST

LOST in an Iowa Use Tax Audit: Tax Return > Administrative Rules?

Mathematical symbols are confusing. Does the alligator eat the larger or smaller number?  And, as suggested in the...

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Iowa Sales Tax on Financial Institution Service Charges? Obviously?

Posted on 08/24/2018 at 11:49 AM by Cody Edwards

Categories: Banking Law, Cody Edwards, Table SALT, Taxation Law

Tagged As: internet sales tax, Iowa banking law, Iowa Department of Revenue, iowa financial institutions, Iowa sales tax, Iowa Table SALT , Iowa Tax, negotiable order of withdrawal, Turkish baths

Iowa Sales Tax on Financial Institution Service Charges? Obviously?

Like most states, Iowa does not tax services unless they are specifically enumerated.  The long list of taxable ser...

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How Does the Wayfair Decision Affect You?

Posted on 07/16/2018 at 12:07 PM by Ronald Mountsier

Categories: Ron Mountsier, Table SALT, Taxation Law

Tagged As: amended legislation, amended rules, commerce clause, construction, contractors, e-commerce, internet retailers, interstate commerce, Iowa sales tax, Iowa Table SALT , Iowa Tax, out of state companies, physical presence test, sales & use tax, science, computers & technology, SCOTUS, south dakota v wayfair, substantial nexus, Wayfair

How Does the Wayfair Decision Affect You?

On June 21, 2018, the U.S. Supreme Court issued an opinion in South Dakota v. Wayfair, overturning earlier precedents st...

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