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

April 13, 2026
Minnesota Legislature Debates New Taxes
NFIB will continue to encourage the Minnesota Legislature to improve tax competitiveness and bolster economic growth
Read More
April 13, 2026
Referendum Seeks to Restore Two Big Federal Tax Deductions
Petitioners seeking to collect 100,000 signatures by mid-May
Read More
April 13, 2026
Alabama Legislature Ends With Important Wins for Small Business
Bills address cash transactions, swipe fees and licensing.
Read More
Mallet legal code and scales of justice
April 10, 2026
Massachusetts Small Businesses File Amicus Brief Against Lawsuit by Tax Relief Opponents
Opponents of the tax-relief ballot question have sued to block the initiative.
Read More

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