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

January 16, 2026
NFIB Iowa State Director Reacts to December’s Small Business…
NFIB Iowa State Director Logan Shine reacts to December’s Small Business Op…
Read More
Three people at a coffee bar, and one behind the counter is preparing a drink for the others.
January 15, 2026
NFIB Responds to the Wisconsin Legislature’s Passage of t…
The No Tax on Tips bill will help Wisconsin small businesses and the econom…
Read More
January 15, 2026
NFIB Response to Gov. Landry’s News Conference on Fiscal Resp…
Small businesses are urging lawmakers to reduce or eliminate the state inco…
Read More
January 15, 2026
‘We Can’t Wait’ Arizona Small Business Owners Call on Gov…
NFIB Small Business Owner Members participate in a press conference in supp…
Read More

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