On September 22, 2023, the Director of the Iowa Department of Revenue, Mary Mosiman, issued Order 2023-02. The Department has provided guidance to explain this tax change:
On September 22, 2023, the Director of the Iowa Department of Revenue, Mary Mosiman, issued Order 2023-02. The Department has provided guidance to explain this tax change:
The Iowa Department of Revenue has released updated tax guidance including the following new or updated Common Questions related to Pass-Through Entity Tax (PTET):
On January 10, 2023, Governor Kim Reynolds signed Executive Order 10, putting a moratorium on certain administrative rulemaking and instituting a comprehensive review of all existing administrative rules.
On May 11, 2023, Governor Kim Reynolds signed 2023 Iowa Acts, House File 352. The Iowa Department of Revenue has released new tax guidance to explain this tax change:
On May 4, 2023, Governor Reynolds signed House File 718, establishing a homestead tax exemption for claimants 65 years of age or older.