The straight line

DPAD Updates – Robert Bell, CPA, Auditor

Iowa DPAD DeductionThe Tax Cuts and Jobs Act 2017 (TCJA) removed section 199 from the Internal Revenue Code (IRC), which created several unintended consequences. In response, Congress introduced Section §199A(g), which essentially re-instated the federal Domestic Production Activities Deduction (DPAD) deduction. As a result, the State of Iowa announced Tax Reform Guidance regarding the DPAD...

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PPP Loan Tax Consequences – Robert Bell, CPA, Auditor

As you know, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law on March 27th, 2020. Part of this law provided aid to businesses in the form of Payroll Protection Program (PPP) loans; which were intended to be forgivable to the extent that these loans were utilized for certain payroll-related costs....

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New Work Environment – Greg Cargin, Partner, CPA

No different than everyone else, Gardiner + Company has also had to change the way we are accustomed to working, and remaining productive, while adhering to social distancing.  A few years ago, our firm began talking about providing more flexible scheduling and remote working arrangement for our staff.  We weren’t good at it, or ready...

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