Insights

Are you in compliance with the new rule on overtime pay?

The Department of Labor has updated the earnings thresholds that exempt executive, administrative and professional employees from minimum wage and overtime pay requirements. These thresholds were last updated in 2004, so you should review your pay practices to ensure you’re…

Why you should be planning for new Iowa tax savings, this fall

Iowa is slowly but surely catching up with federal tax reform under the concept of “rolling conformity.” By systematically implementing reform over the next few years, the state is creating significant opportunities for planning and saving. Knowing when Iowa tax…

Can you use Opportunity Zone funds to grow your business?

Opportunity Zones were created to unleash capital locked in highly appreciated assets for investment in low-income census tracts that could help these communities grow. The new federal tax law created significant tax advantages for Opportunity Zone investors. On January 1,…

Iowa’s new sales taxes: Don’t pay if you’re exempt!

This year, Iowa’s Sales Tax Code has been dramatically reformed. Among the changes are significant additions to “enumerated taxable services,” which now include: • Software as a Service (SaaS); • Storage of electronic files, documents or other records; • Information…