Iowa State University Extension and Outreach supports the Volunteer Income Tax Assistance program to help Iowans with lower incomes save money on their tax return preparation.
An income tax refund provides an important annual financial boost for many Iowa families. Claiming that tax refund, however, is sometimes more expensive than it needs to be, according to Barb Wollan, a human sciences specialist with Iowa State University Extension and Outreach.
Immigrant-owned businesses are becoming more and more prevalent in Iowa. Driving through communities such as Perry, Ottumwa, Storm Lake and Marshalltown, the impact of immigrant-owned businesses in the central business district is evident. These businesses play a vital role in Iowa’s economy, contributing significantly to the local tax base.
Iowa tax law includes two tax credits to help families with pre-school and school-aged children. Iowa State University Extension and Outreach family finance program specialists talk about the Iowa Tuition and Textbook Credit and the Early Childhood Development Credit.