skip to main content

Iowa

These resources – like the public health crisis itself – are constantly evolving and are only current as to the date of publication. This page was last updated on May 14, 2020.

For more up-to-date information on the relief programs available in Iowa, we recommend that you visit the Iowa Economic Development Authority website or IA Source Link's guidance on financial assistance for businesses.

resource search icon

Description of Program and Relief

State Tax Deferrals for Small Businesses

The Iowa Economic Development Authority and Department of Revenue are offering eligible Iowa businesses the chance to apply for a deferral on paying state sales and withholding taxes. The Iowa Director of Revenue announced that a second round of applications for tax deferrals are now being accepted through June 30, 2020. The second round of the state tax deferral program is available for the tax periods beginning April 1, 2020 through June 30, 2020.

Government or Lead Agency

Iowa Economic Development Authority & Iowa Department of Revenue

Dates Available

May 1, 2020 through June 30, 2020

Eligibility Requirements/Restrictions

Applicants for tax deferrals must be experiencing business disruptions due to COVID-19 and must have a physical location in Iowa. Applicants must also timely file sales and withholding tax returns. Failure to timely file tax returns will disqualify an applicant from the program.

Application Deadlines (If Applicable)

June 30, 2020

Contact for More Information

For more information concerning tax deferral, contact the Department of Revenue at https://tax.iowa.gov/request-tax-guidance.

List of Additional Information

For more information or to apply, please visit:

https://www.iowaeconomicdevelopment.com/reliefgrants

-program-continues-second-round" https://tax.iowa.gov/iowa-small-business-relief-tax-deferral-program-continues-second-round

https://tax.iowa.gov/COVID-19

BRTD_78640" https://stateofiowa.seamlessdocs.com/f/SBRTD_78640


© 2021 Paul, Weiss, Rifkind, Wharton & Garrison LLP. This does not constitute legal advice and does not create an attorney-client relationship. In some jurisdictions, this publication may be considered attorney advertising. Past representations are no guarantee of future outcomes.

© 2021 Paul, Weiss, Rifkind, Wharton & Garrison LLP

Privacy Policy