Proposed Administrative Rules Available for Public Comment
September 24, 2020
The Department of Revenue has submitted new proposed rules to the Iowa Legislature, available for public comment through October 13, 2020. See individual notices for details. (Adoption Tax Credit; Withholding—Electronic Filing Requirements, Deadline for Furnishing Statements; Local Assessors; Transmittal of Declaration of Value Forms)
Important Upcoming Iowa Department of Revenue Tax Deadline
September 22, 2020
Third Quarter Income Tax Estimate
The Department is reminding taxpayers that Iowa has not extended the due date for estimated income tax payments. The third quarter installment of tax year 2020 estimated income tax for taxpayers filing on a calendar year basis is due September 30, 2020.
Iowa extends tax payment deadlines for certain businesses
August 28, 2020
On August 27, 2020 the Iowa Department of Revenue extended tax payment deadlines for certain businesses. The extension is a result of Order 2020-04, signed by Director of Revenue Kraig Paulsen, which provides flexibility for certain businesses disrupted by COVID-19.
IDR Releases Updated State Tax Guidance: Grain Bins
August 14, 2020
During the 2019 Legislative Session, the General Assembly added a new exemption from sales and use tax under House File 779 for grain bins and grain bin materials, effective July 1, 2019. The Department previously announced the Sales & Use Tax Exemption: Grain Bins rulemaking had been adopted and filed.