Accounting and Bookkeeping Services in Iowa

1-800Accountant, America’s leading virtual accounting firm for small businesses, manages all of your demanding bookkeeping and accounting tasks with comprehensive end-to-end services designed to support and expand your small business in Iowa.

400% ROI*
From small business services on average
25 Hours*
Saved during tax preparation
1 Million+*
Consultations delivered

Our Accounting Services for Iowa Small Businesses

Business Tax Preparation: Get your taxes expertly prepared and filed by a CPA experienced in your industry so you always feel secure about your business tax situation. Our CPAs, with more than 17 years of experience on average, can save your business thousands annually when you entrust the complexities of Iowa tax preparation to them!

Bookkeeping: Strengthen your financial foundation and manage cash flow with meticulous, error-free bookkeeping done for you. This detailed approach saves time and provides critical data-driven business insights. It offers the best tools for interpreting data with easy-to-understand reporting, enabling your accountant to develop essential financial models.

Tax Advisory: Business tax considerations don't end in April. Through our affordable tax advisory service, you can receive the guidance you need when you need it year-round from a dedicated small business CPA. Strategic planning helps minimize your business tax liability in Iowa throughout the year while ensuring compliance. 

Payroll: Save numerous hours each pay period with our comprehensive payroll service handled for you with regular tax submissions to the state of Iowa, ensuring accuracy and allowing you to focus on other vital areas of your business.

Business Formation: Experience the benefits of officially establishing your business in Iowa with our complimentary incorporation services. You only cover the state fees, and we manage the rest. This puts you on a path to hire employees, open a business bank account, and enjoy an optimized business tax structure and maximum tax savings.

Our Accounting Services for Iowa Small Businesses
Iowa Corporate Tax Rates, Brackets, Due Dates, and Renewals

Iowa Corporate Tax Rates and Brackets

Corporate Tax RateCorporate Tax Bracket
5.5%$0
7.1%$100,000

When Do You Have to File Business Tax Returns in Iowa?

Partnerships Due Date - Annual ReturnsC-Corp Tax Due Date - Annual ReturnsS-Corp Tax Due Date - Annual Returns
The 30th day of the fourth month after taxable year end for calendar filersThe 30th day of the fourth month after taxable year end for calendar filersThe 30th day of the fourth month after taxable year end for calendar filers

LLC Renewal Dates and Fees in Iowa

How Often Do You Have to Renew Your LLC?LLC Formation Filing FeeLLC Yearly/Biennial Filing Fee
Every two years$50$30

Iowa - Individual Tax Rates, Brackets, Exemptions, and Deductions

Single Filers - Iowa Tax Rates and Brackets

Single Filer RatesSingle Filer Brackets
4.40%$0
4.82%$6,210
5.70%$31,050

Single Filers - Iowa Exemptions and Deductions

Standard Deduction (Single)Personal Exemption (Single)
n.a.$40 credit

Married Filing Jointly - Iowa Tax Rates and Brackets

Married Filing Jointly RatesMarried Filing Jointly Brackets
4.40%$0
4.82%$12,420
5.70%$62,100

Married Filing Jointly - Iowa Exemptions and Deductions

Standard Deduction (Couple)Personal Exemption (Couple)
n.a.$80 credit

What to Look for in Iowa Accounting and Bookkeeping Services

When choosing an accountant or bookkeeper for your Iowa small business, business owners should consider these specific factors:

Expertise in Iowa Tax Laws: Look for a financial professional knowledgeable about Iowa's tax regulations, including state income taxes, sales taxes, and property taxes, to ensure compliance and optimize tax savings.

Familiarity with Agricultural and Renewable Energy Sectors: Given the prominence of agriculture and renewable energy industries in Iowa, select someone with professional experienced in these sectors who can provide financial advice tailored to your industries’ unique challenges and opportunities.

Knowledge of Local Business Incentives: Choose an accountant who is familiar with Iowa-specific business incentives, such as the Iowa Economic Development Authority programs and tax credits that can benefit your businesses financially.

Experience with Small- to- Medium-Sized Enterprises: Opt for a professional with a strong track record with SMEs, as they can offer more personalized service and are often more attuned to the challenges faced by smaller businesses in Iowa’s economic climate.

Capability to Manage Multi-State Operations: if your For businesses that operates across state lines, in regions such as those in regions close to neighboring states like Nebraska, Illinois, and Minnesota, ensure your accountant is proficient in handling multi-state tax issues.

Serving Small Businesses Throughout the Entire State of Iowa

Including businesses in:
  • Des Moines
  • Iowa City
  • Cedar Rapids
  • Davenport
  • Ames
  • Dubuque
  • Sioux City
  • Waterloo

“I’ve been fortunate to have great accountants who care, get back to me very timely, and believe they do a great job getting the most money back they are able to.”

Testimonials Stars

Sal

December 30, 2023, Trustpilot

Actual customer testimonial. Photo is illustrative only.

A man wearing glasses in a circle on a green background.

Talk to a business tax expert today for all your tax needs in Iowa.

Get big savings for your small business by working with the professionals at 1-800Accountant. All it takes is a quick call - usually 30 minutes or less - to get started!

*Based on a $12.2k average 2022 tax refund per client, which is 4x the cost of a full-service package. Source: first-party data.

*Includes average business tax preparation, form completion and submission, record keeping, and other misc admin time. Source.

*Historical first-party data.