Skip to content
NFIB Logo Join Now

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

Harrisburg - State Capitol Building
Related
June 30, 2026
NFIB to General Assembly: Budget Impasse is Bad for Pennsylvania’s Main Street
NFIB urges lawmakers to pass balanced budget & pro-growth policies.
Read More
Iowa State Capitol Building
Related
June 29, 2026
A Strong Season for Iowa Small Business
July 1st is the de facto effective date in Iowa for many pieces of legislation
Read More
Aerial view of a university campus with a green central quad, surrounding modern buildings and tree-lined streets in daylight.
Related
June 29, 2026
Lawmakers Comes to Terms on a State Budget
NC is the only state not to pass a budget for the two-year period that began last summer.
Read More
Related
June 29, 2026
NFIB California Main Street Minute, June 29-July 3
Local Taxpayer Protection Act to Save Prop.13 bumped from November ballot
Read More

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