Tarbell & Co., PLC

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Tarbell & Co., PLC Established in 1978, we provide tax, accounting, and consulting services to individuals and business actually delivers. provides to you and your business.

While many firms talk about their service to clients, Tarbell & Co., P.L.C. For more than 30 years, we have served as a trusted business partner to clients throughout the State of Iowa. Established in 1978 by Arvin Tarbell, we've been providing services to individuals and businesses of all sizes. Our policy is to give our full attention to you and your tax, accounting, and business needs. Your questions are always welcome; there's never a question too small for which we don't have time. Not only are we available and accessible to you when you need us, but we also initiate conferences when we see arising opportunities or potential problems for you or you business. The personal attention and time we give to our clients has resulted in numerous referrals of our services to other businesses and organizations. We are confident that you will be please with the attention Tarbell & Co., P.L.C. We're big enough to provide the services you need yet small enough to be concerned with your success.

Recent tax law changes made the New Markets Tax Credit permanent. This program encourages private investment in economic...
10/27/2026

Recent tax law changes made the New Markets Tax Credit permanent. This program encourages private investment in economically distressed communities by offering federal income tax credits to qualifying investors.

If your business invests in a certified community development entity (CDE), you may be eligible for a credit equal to 39% of your investment over seven years. Alternatively, your business may benefit indirectly by receiving CDE financing for renovations, equipment, expansion or other eligible projects in qualifying low-income communities. Learn more: https://bit.ly/3kyyaK7

Your employees use Form W-4, “Employee’s Withholding Certificate,” to tell you how much federal income tax to withhold f...
10/16/2026

Your employees use Form W-4, “Employee’s Withholding Certificate,” to tell you how much federal income tax to withhold from their pay. Most forms are routine, but an altered certificate, unusual accompanying statement or IRS lock-in letter may require special handling.

Employers generally aren’t responsible for verifying the information employees provide on W-4 forms. However, you must reject invalid forms, apply proper withholding rules when no valid form is on file and follow IRS withholding instructions. Reviewing your payroll procedures now can help prevent costly errors. Learn more here: https://bit.ly/3kyyaK7

New tax rules may significantly reduce the cost of providing child care to your employees. Starting in 2026, the employe...
09/11/2026

New tax rules may significantly reduce the cost of providing child care to your employees. Starting in 2026, the employer-provided child care credit generally equals 40% of qualified facility expenses (up from 25%), plus 10% of qualified resource and referral costs, up to $500,000 (up from $150,000). Small businesses may qualify for a 50% rate on qualified facility expenses and a $600,000 limit.

The credit may apply to operating your own facility, contracting with a qualified provider or participating in a jointly operated arrangement. But eligibility, additional limits and recapture rules require careful review. Learn more here: https://bit.ly/3kyyaK7

IRS or state tax problems don’t have to derail your business. Many issues can be resolved when they’re addressed promptl...
08/28/2026

IRS or state tax problems don’t have to derail your business. Many issues can be resolved when they’re addressed promptly and strategically.

If you or your business receives a tax notice from the IRS or a state agency, don’t ignore it. Be mindful of the notice’s deadline and work with your tax advisor to prepare supporting documentation and an appropriate response. If you owe back taxes that you can’t pay in full, explore potential relief options, such as a temporary delay in collection due to hardship, an installment agreement or payment plan, or a settlement plan.

We can help you communicate with tax authorities and create a plan to get your business back on track. Learn more here: https://bit.ly/3kyyaK7

Certain “small” businesses have a choice of using cash or accrual accounting for tax purposes. If you’re one of them, wh...
08/07/2026

Certain “small” businesses have a choice of using cash or accrual accounting for tax purposes. If you’re one of them, which route should you take?

Cash-basis businesses recognize income when received and deduct expenses when paid, providing greater flexibility in the timing of income and deductions. In contrast, accrual-basis businesses recognize income when earned and deduct expenses when incurred, regardless of the timing of cash receipts or payments.

Even if you meet the eligibility requirements, the cash method isn’t right for every business. And switching methods adds administrative costs. Learn more here: https://bit.ly/3kyyaK7

What’s the right entity type for your new business? Two popular options for closely held businesses with multiple owners...
07/24/2026

What’s the right entity type for your new business? Two popular options for closely held businesses with multiple owners are LLCs taxed as partnerships and S corporations.

Both offer pass-through taxation, meaning tax items pass through to the individual owners and are reported on their personal returns. But they differ in important ways, such as self-employment tax, loss deductions, ownership flexibility and eligibility requirements. Learn more here: https://bit.ly/3kyyaK7

Do you operate a side gig in addition to your regular job? The way the IRS classifies that activity can have a significa...
07/03/2026

Do you operate a side gig in addition to your regular job? The way the IRS classifies that activity can have a significant impact on your taxes.

If the IRS treats the activity as a hobby, you’re required to report the income but can’t deduct most related expenses. If it’s treated as a business, you can generally deduct ordinary and necessary expenses — even if that results in a net tax loss. The IRS considers several factors when evaluating profit motive, including how you operate the activity, the time you invest, and your history of profits and losses. Learn more here: https://bit.ly/3kyyaK7

LLC and LLP owners: Can you deduct your business losses this year? The answer may depend on whether your activity is con...
06/05/2026

LLC and LLP owners: Can you deduct your business losses this year? The answer may depend on whether your activity is considered passive according to the IRS’s passive activity loss rules.

Under these rules, you generally can use passive losses only to offset income from other passive activities. If you meet certain “material participation” criteria, however, you may be able to offset LLC or LLP losses against nonpassive income, such as wages, interest, dividends and capital gains — but the rules can be complex, especially for limited partners.

Learn more here: https://bit.ly/3kyyaK7

How you capitalize your C corporation isn’t just an accounting matter — it’s a tax-saving opportunity. You can set up fu...
05/27/2026

How you capitalize your C corporation isn’t just an accounting matter — it’s a tax-saving opportunity. You can set up funds supplied by shareholders as either capital contributions (equity) or loans (debt).

Future withdrawals by equity investors may result in double taxation. Conversely, repayments of shareholder loans are generally tax-free, while interest payments are taxable to the shareholder and deductible by the corporation. This setup provides a more tax-efficient way to get money out of your company. However, the IRS may reclassify shareholder loans as equity if not properly structured and documented. Learn more here: https://bit.ly/3kyyaK7

Most businesses close their books on December 31 because it aligns with the calendar year. And it may seem easier for ta...
05/15/2026

Most businesses close their books on December 31 because it aligns with the calendar year. And it may seem easier for tax filing purposes.

But this approach isn’t right for every business. Some entities — such as construction companies, accounting firms and snowplowing operations — may have valid reasons for adopting fiscal year ends. Aligning a company’s tax year with its operating cycle can streamline reporting and support better planning. Learn more here: https://bit.ly/3kyyaK7

Address

1466 28th Street
West Des Moines, IA
50266

Opening Hours

Monday 7:30am - 5pm
Tuesday 7:30am - 5pm
Wednesday 7:30am - 5pm
Thursday 7:30am - 5pm
Friday 7:30am - 12pm

Telephone

+15152820200

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