ICYMI, Governor Kim Reynolds recently signed into law sweeping tax cuts for Iowa’s small businesses and their employees. This legislation will lower income and property taxes, ensure all PPP loans are tax exempt, eliminate Iowa’s inheritance tax by 2025, and conforms the state to federal bonus depreciation expensing rules.
Please take a moment to thank the Governor for helping your small business by advocating for and signing into law this important tax legislation.
You can fill out this action alert here.