Taxes News

Lower individual income tax revenue in Iowa during Q3 2024
The third quarter of 2024 brought in $761 million in individual income tax revenue for Iowa, a 21.3% decrease from the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Iowa's license tax revenue up 6.6% in Q2 compared to same quarter of the previous year
Iowa collected $292 million in license taxes during the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.