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.

Topics:

Taxes

State:

Iowa

Get to know NFIB

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

Learn More

Split-screen live news: female anchor left, man in vest right; economy alert banner and stock ticker visible at bottom.

June 22, 2026

VIDEO: On NewsNation, NFIB Member Discusses How 20% Small Business Deduction Has Provided Certainty For Small Businesses

WASHINGTON, D.C. (June 22, 2026) – West Virginia small business owner and NFIB member Michael Ervin joined Markie Martin on NewsNation Thursday to discuss the …