IDR Releases New Tax Guidance: NOLs Incurred During COVID-19 Pandemic

Having trouble viewing this email? View it as a Web page.

IDR Capital Header 2


IDR Releases Tax Guidance: NOLs Incurred During COVID-19 Pandemic


President Donald Trump's pandemic disaster declaration affects all net operating losses incurred in Iowa after January 20, 2020. The Department has released the following tax guidance to explain this update:

To receive notifications of resources and guidance issued by the Department, subscribe to updates by selecting the tax topics of interest.

 


The mission of the Iowa Department of Revenue is to serve Iowans and support state government by collecting all taxes required by law, but no more.