Posts by David Repp

David practices primarily in the area of taxation. He provides a broad range of tax counsel to small businesses on topics including federal and state income tax planning, taxation of employee benefits, equity structure and mergers, and succession planning. He also counsels and advises clients with respect to the management of their wealth to minimize estate and inheritance taxes through the use of asset protection trusts, grantor trusts, powers of appointment, lifetime gifts, QTIP trusts and generation skipping trusts. As part owner of a family farm operation, David provides income tax, FICA tax and succession planning counsel to many farm clients.

Posted on 03/04/2022 at 09:06 AM by David Repp

Governor Reynolds Signs Iowa House File 2317 Into Law

On March 1, 2022, Governor Kim Reynolds signed House File 2317 into law.  The new law reduces state income taxes su...

Posted on 06/06/2017 at 11:08 AM by David Repp

Michigan passes law to collect from 2008 - Can they do that?

States cannot tax a multi-state business on its entire income. The states must share. Complete Auto Transit, Inc. v. Bra...

Posted on 03/03/2017 at 09:55 AM by David Repp

Categories: David Repp, Taxation Law

Long term care insurance

The average cost of nursing homes is $5,627 per month in 2017. In a study reported in the Journal of Geriatrics Society...

Posted on 03/02/2017 at 11:05 AM by David Repp

Categories: David Repp, Taxation Law

Helping people help themselves -- Iowa ABLE Accounts

In 2014, Congress enacted ABLE which stands for Achieving a Better Life Experience. The Act allows States to adopt enabl...

Posted on 02/27/2017 at 07:54 AM by David Repp

Categories: David Repp, Taxation Law

Little League rodeo

The IRS already suffers from a bad reputation, and it certainly didn’t do itself any favors to all the aspiring co...