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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.

IDR Releases Updated State Tax Guidance: Sales and Use Tax Changes
August 12, 2020
House File 2641 enacted several changes and clarifications to Iowa tax laws on topics of administration, income, sales, and property tax. This is intended to be a basic overview of the sales and use tax provisions of this Act. The Department will implement these changes through the administrative rulemaking process or by providing additional guidance as needed.
Iowa Government Working Group to meet August 19
August 11, 2020

The Government Working Group of the Governor’s Economic Recovery Advisory Board meeting has been rescheduled and will now be 8-10 a.m. on Wednesday, August 19. The group was scheduled to meet August 12. The public is invited to attend.

IDR Releases Updated State Tax Guidance: Hotel/Motel Tax
August 07, 2020
​​​​​​​On June 24, 2020 Governor Reynolds signed into law House File 760. The Department has released updated guidance to explain this tax change as it reflects to Hotel/Motel Tax.
Iowa Government Working Group to meet August 5
August 03, 2020

The Government Working Group of the Governor’s Economic Recovery Advisory Board will meet from 10 a.m. to noon on Wednesday, August 5. The public is invited to attend.

Proposed Administrative Rules Available for Public Comment
July 29, 2020
The Department of Revenue has submitted new proposed rules to the Iowa Legislature, available for public comment through August 18, 2020. See individual notices for details. (Tax Return Preparers...; Homestead Tax Credit & Military Service Tax Exemption...)
Iowa Government Working Group to meet July 22
July 20, 2020
The Government Working Group of the Governor’s Economic Recovery Advisory Board will meet from 10 a.m. to noon on Wednesday, July 22. The public is invited to attend.
IDR Releases Updated State Tax Guidance: GILTI & FDII
July 20, 2020

In 2018, the Iowa legislature enacted Senate File 2417, a state tax reform bill that included extensive changes to the state’s tax structure. The Department has released updated guidance to explain the following tax change:

IDR Releases New State Tax Guidance: Iowa Nonconformity CARES Act of 2020
July 14, 2020

In December of 2019, President Trump signed the Taxpayer Certainty and Disaster Tax Relief Act of 2019 into law. This Act extends a number of expired federal tax provisions, many retroactively to tax years 2018 and 2019. Iowa has not conformed with any of these federal tax changes to the extent they apply to tax years beginning prior to January 1, 2020.