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

Small Business Owner Calculates Taxes Finance Expensive Inventory Inflation Cost
January 13, 2026
NFIB Supports Legislation to Help Amend Indiana Tax Code
Senate Bill 259 addresses an unknown tax requirement
Read More
Arizona State House and Capitol Building in Phoenix AZ
January 12, 2026
NFIB Urges Legislature to Reject Governor Hobbs’ Tax Conformi…
“In turning a blind eye to Arizona’s small business owners, the Governor’s…
Read More
January 8, 2026
NFIB Commends New Hampshire House’s Tax Vote
House passage of HB 155 continues a decade of bipartisan reform aimed at im…
Read More
Vermont State House Montpelier Vermont
January 7, 2026
NFIB Commends Gov. Scott’s Urgent Call for Property Tax…
“Main Street is struggling under the weight of high business taxes, high pr…
Read More

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