In 2025, Iowa’s individual income tax will drop to a 3.8% single tax rate due to recently signed legislation. Iowa no longer taxes retirement income for taxpayers 55 or older. [Data for this ...
DES MOINES, Iowa (Gray Media ... paying less in income tax. The state will adopt a flat income tax structure with a tax cut in the new year. Currently, Iowans pay a tax rate that ranges from ...
Nine of these states cut their individual income tax rates for 2025. The most significant change is in Iowa, which had an individual income tax rate of 5.70% in 2024 and now has a rate of 3.80% for ...
Iowa ranks ninth in the country for its unemployment trust fund balance and 12th for its taxable wage base for unemployment insurance.
Local governments, developers and the business community are watching to see how changes in the state’s property tax system ...
This month, the state Revenue Estimating Conference reported new estimates showing Iowa revenue will drop ... to the start of their 3.8% flat income tax rate next year. Republicans have promoted ...
are now considering a proposal to cut the income tax rate to 5.9% next year instead of 6.5%. Lawmakers in Iowa, where one of the most significant tax code overhauls has been enacted by Governor ...
Iowa Democratic legislative leaders said Thursday that they were willing to talk with Republicans about efforts to cut property tax rates. But they want to make sure that future cuts don't ...