The Iowa House Ways and Means Committee has given Iowa businesses another reason to take their time finishing their 2010 returns. Rod Boshart reports at Eastern Iowa Government.com:
The House Ways and Means Committee voted 17-7 to
Tags: bonus depreciation, coupling, Iowa bonus depreciation, iowa tax policy, Rod Boshart, SF 209
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Sure would have been nice if they could have done this, say, about 6 weeks ago. Nothing like waiting until the week before returns (farm) have to be filed to talk about changing the rules.
Roger, quite so. Not to mention all the returns that have already been issued and filed based on the old rules. Clients just loooove to pay for re-dos.