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

April 19, 2025
Lawmakers Hunker Down on Budget and Tax Issues
Small Business Legislative Update — Week 14
Read More
April 18, 2025
LISTEN: NFIB Iowa Joins the Simon Conway Show
NFIB Iowa State Director Matt Everson highlights latest NFIB report outlini…
Read More
Radio Microphone with an on air sign in the bacjkground
April 17, 2025
NFIB’s Jeff Brabant Joins WSYR Radio to Warn of Massive Tax H…
Highlights recent NFIB poll showing strong public support for the Small Bus…
Read More
April 17, 2025
“We Really Cannot Wait,” NFIB tells Los Angeles Radio Audie…
Josselin Castillo on the Small Business Deduction
Read More

© 2001 - 2025 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy Policy | Accessibility