Skip to content

Important Tax Changes Taking Effect July 1

Important Tax Changes Taking Effect July 1

June 28, 2022

Important Tax Changes Taking Effect July 1

I wanted to let you know about a recently enacted change to Iowa’s sales and use tax permits, return filings, and tax payments that take effect July 1, 2022, which may impact your business. The changes include:
  • Taxpayers will report sales and use tax on the same return and will only need one permit for both sales and use tax. 
  • Taxpayers will either file and pay monthly or annually, depending on the amount of tax collected.
  • Monthly returns must be filed and the tax must be paid electronically. 
  • Semimonthly deposit payments are no longer required.
Please visit the Department of Revenue’s guidance page to learn more about these changes, the new combined tax return, and answers to common questions about Sales and Use Tax Permit, Return Filing, and Payment Changes.
Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Receive our newsletter and email notification
Knowledge is power. Let us help you stay informed with breaking legislative news, regulatory updates, business tips, and more.

Related Articles

Related
April 29, 2026
NFIB Kicks Off ‘No on Measure 120’ Awareness Campaign
Landing page, digital ads bring small business message to members and public
Read More Read More
Related
April 29, 2026
NFIB Urges SC Senate to Pass Small Business Tax, Regulatory Relief
The measures would ease the financial pressure on Main Street.
Read More Read More
friendly waitress taking order on phone at restaurant and writing on notepad
Related
April 28, 2026
NFIB Arizona Applauds State Lawmakers’ Effort to Deliver Long Term Tax Certainty
“The bill matters because it puts real tools back in the hands of Arizona employers…”
Read More Read More
Related
April 28, 2026
NH Business Enterprise Tax Relief Will Help Small Businesses
Raising BET filing threshold is a step forward for Main Street.
Read More Read More

© 2001 - 2026 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy Policy | Accessibility