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

Washington State Capitol
March 13, 2026
2026 Session of the Washington Legislature Ends
NFIB State Director Patick Connor’s initial report from Olympia
Read More
March 12, 2026
Colorado Small Businesses Encourage Full Senate to Approve SB 134
The Colorado Senate Business, Labor and Technology Committee passed SB 134, the Swipe Fees Bill, 3-2
Read More
Clothes on a rack at a Retail store
March 11, 2026
NFIB: Small Business Support Amendment to Simplify LA Sales Tax Collection
The measure calls for a single system to collect sales and use taxes.
Read More
Small business. Male florist unfocused in flower shop. Floral design studio, making decorations and arrangements. Flowers delivery, creating order
March 11, 2026
NFIB Iowa State Director Reacts to February’s Small Business Optimism Report
NFIB Iowa State Director Logan Shine reacts to February’s Small Business Optimism Report and the decrease in uncertainty
Read More

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