With a healthy state budget, lower income and corporate tax rates, the elimination of retirement income tax, and the legislature eyeing property tax reform, 2023 should be a great year for taxpayers. As big a year as 2023 will be for Iowa taxpayers, it should only be the start of a groundbreaking decade!
John Hendrickson has details on all of the tax changes that will be going into effect on January 1st for Iowa Taxpayers. You can read John's report here: https://itrfoundation.org/2023-will-be-a-big-year-for-iowa-taxpayers/
