Iowa Department of Revenue extends deadline for businesses in flood-affected areas

Iowa businesses in areas affected by recent flooding will have an extra month this summer to remit withholding, unemployment and sales tax for activity from April 1 to June 30. The floods cut off cash flow for many businesses, and the extension is intended to give them time to secure Small Business Administration or other loans before they have to make tax payments.

More details are in the press release from State Representative Tyler Olson, which is after the jump. Olson is a first-term incumbent in House district 38, which includes parts of Cedar Rapids. He requested the extension after being contacted by a business owner.  

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