Ultimate Tax & Accounting

Ultimate Tax & Accounting Income Tax Preparation. Open Year Round! We will prepare your tax return and have you paying the l New for 2016 Is a completely remodeled office.

The page is for local residents of Muscatine to learn and ask about taxes. We provide tax preparation, bookkeeping, payroll and other financial services. Started back in 1993 as an electronic tax filer, Express Tax Place was born. The offices has had a few changes over the past few years, but has always stayed in the Steele family. Owner Mike and Nicole Steele are second generation and have not pl

ans of slowing down. We put in private offices, with new equipment. You will notice a nice upgrade when you come into our office. We look forward to seeing our returning clients and look forward to helping new clients too.

Lotteries are a very effective way to TRIPLE tax the poor. Here's how it works.
11/11/2022

Lotteries are a very effective way to TRIPLE tax the poor. Here's how it works.

Most of us only see the media portrayal of the lottery. Lucky winner, lots of cash. Outside of the bright lights is the true winner: the tax man. Here is what you need to know.

Section 179 and bonus depreciation let you take larger, short-term deductions for capital purchases. Does it make sense ...
11/04/2022

Section 179 and bonus depreciation let you take larger, short-term deductions for capital purchases. Does it make sense for your business to take advantage?

The bonus depreciation and Section 179 tax code provisions allow small businesses to expense large capital purchases. Is this better than depreciating the purchase over time? Here are some thoughts on the matter.

The IRS is enforcing Nanny Tax rules that regulate whether a domestic worker you pay is considered a contractor or emplo...
10/28/2022

The IRS is enforcing Nanny Tax rules that regulate whether a domestic worker you pay is considered a contractor or employee.

The IRS is more strictly enforcing rules that determine whether a worker is actually your employee, rather than independent contractor. You have many extra tax responsibilities and expenses if you are an employer in the eyes of the IRS.

$13,200 more of your income is subject to Social Security taxes in 2023. Here are the details.
10/21/2022

$13,200 more of your income is subject to Social Security taxes in 2023. Here are the details.

2023 Cost-of-Living Adjustment (COLA) changes are here. This is what you need to know.

There's still time to lower your tax obligation. Here are five great ideas to consider.
10/14/2022

There's still time to lower your tax obligation. Here are five great ideas to consider.

Now is a great time to assess your current tax situation and address any lingering tax questions that may improve your tax picture this year. Here are five things to consider.

You can legally lower your tax by shifting unearned income to your children. Here are some ideas.
10/07/2022

You can legally lower your tax by shifting unearned income to your children. Here are some ideas.

The progressive nature of income tax rates offers taxpayers the incentive to transfer assets to lower earning taxpayers. Why not your children? Here are some tips.

Time to file your tax return for 2021 if you have not already done so. There is no reason to leave a possible refund on ...
09/30/2022

Time to file your tax return for 2021 if you have not already done so. There is no reason to leave a possible refund on the table, and the IRS is not going to beg to send you back your money.

The Form 1040 extended filing deadline is fast approaching. If you have not already done so, please consider filing your 2021 tax return in the next two weeks.

Effective tax rate and marginal tax rates are two figures every taxpayer should know. Do you know yours?
09/23/2022

Effective tax rate and marginal tax rates are two figures every taxpayer should know. Do you know yours?

What is the difference between a Marginal Tax Rate and an Effective Tax rate? Who cares? You might if you add a second job and see some of your tax benefits disappear. Here is what you need to know.

Medical expenses are on the rise. Here are some smart ideas for saving tax dollars on those medical bills.
09/16/2022

Medical expenses are on the rise. Here are some smart ideas for saving tax dollars on those medical bills.

Medical expenses are on the rise. If you know your options and plan accordingly, there are ways to save tax dollars on those medical bills.

Here's another tax credit, but one few will ever see. Look before you buy. Read on.
09/09/2022

Here's another tax credit, but one few will ever see. Look before you buy. Read on.

Think you will get the new electric vehicle credit beginning in 2023? Think again. Here is what you need to know.

Reminder: 3Q estimated taxes are due Thursday, September 15. Here are some things to consider.
09/02/2022

Reminder: 3Q estimated taxes are due Thursday, September 15. Here are some things to consider.

If you have not already done so, please plan to make your third quarter estimated tax payment. The due date is Thursday, September 15th.

The IRS requires contemporaneous records to prove deductions and credits. That means you can't go back later to get a co...
08/26/2022

The IRS requires contemporaneous records to prove deductions and credits. That means you can't go back later to get a copy of a receipt you forgot. Here are some tips.

The Internal Revenue Service has a vocabulary of their own. One of the more important is their use of the word contemporaneous. What does it mean, and why should you care?

Address

139 Colorado Street
Muscatine, IA
52761

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

(563) 263-0323

Website

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