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

February 27, 2026
Property Tax Cut in Exchange for a Sales Tax on Services for “Luxury” Items?
Proposal sparks interest and concerns for small business
Read More
Iowa State Capitol Building
February 26, 2026
Iowa February Legislative Update
Legislative updates on bills that impact Iowa small businesses
Read More
Ohio Capital Building Dome
February 25, 2026
Ohio Small Businesses Applaud Tax Conformity Legislation
NFIB encourages Ohio Senate concur with pro-small business tax legislation
Read More
February 24, 2026
NFIB Supports Bill to Stop Taxing Credit Card Swipe Fees
The fees are charged by credit card companies for processing transactions.
Read More

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