CALT Brief Podcast - Tax - May 3, 2019
In this podcast, Kristine takes a look at Iowa tax bills that made it through the 2019 legislative session. Included is a discussion of:
- HF 590, a bill to regulate tax return preparers (signed May 16, 2019)
- HF 768, a bill to enhance Iowa’s Beginning Farmer Tax Credit Program (signed May 21, 2019)
- HF 778, a bill to modify the future capital gains deduction provision from Iowa’s 2018 tax reform law (SF 2417)
- HF 779 (signed May 3, effective 07/01/2019), a bill to make a number of "clean-up" provisions to Iowa's tax reform legislation, including:
- reinstituting the geothermal heat pump tax credit
- allowing corporations to elect to use 1031 treatment for personal property exchanges in 2019
- clarifying Iowa QBI deduction
- modifying adoption credit
- expanding STO credit
- modifying various sales tax provisions