The Department has submitted new proposed rules to the Iowa Legislature (Employer Child Care Tax Credit), available for public comment through July 16, 2024.
House File 2128 implemented changes regarding the taxation of fuel classified as B-11 or Higher and fuel classified as B-20 or Higher, effective July 1, 2024.
Guidance regarding HF 2649 which excludes capital gain from the sale of certain livestock from the computation of net income for individual income tax purposes.
2023 Iowa Acts, Senate File 565 made changes to the Iowa Department of Revenue’s settlement and abatement laws and authority, effective January 1, 2024.
A sales and use tax exemption for purchases of computers and computer peripherals used in processing or storage of data or information by certain entities.
The setoff program is transitioning from DAS to the Iowa Department of Revenue. The Department has released new tax guidance to explain this tax change.
