TopConsumerReviews.com is a world-leading consumer product review site. We provide detailed reviews and ratings for thousands of products and services.

 

Go To Reviews >

Tax Relief in Iowa

Iowa residents tend to rank towards the middle of state averages across a number of measurements related to taxes. For example, Iowans' typically pay approximately $1400 per person in property taxes, ranking the state 18th overall.

Iowa's state and local individual taxes also put the state in 18th place, with an average tax of $963 collected for every resident. Iowa ranks 39th with respect to federal taxes, averaging well below the national average with $8650 in taxes owed by a typical Iowan.

However, Iowa has experienced a decline of nearly 5% in median household incomes in recent years. This overall decline, in conjunction with individual circumstances of job loss, medical expenses, and overextended credit can lead Iowans to become delinquent in payment of their tax obligations. Unfortunately, for some people, when their tax bills come due on April 15th, they have no savings in reserve to pay those bills; living from one paycheck to the next in order to meet basic needs of shelter, food, clothing, and transportation has left them with nothing to set aside for taxes.

As the pressure mounts, they continue to struggle with making ends meet, and their tax debt still goes unpaid; Iowans in these circumstances may then experience the stress of wage garnishment or seizure of assets as state and federal tax collection agencies force the payment of taxes in those ways. Many state residents are unaware of tax relief strategies available to help them manage their financial challenges related to tax debt.

Tax relief companies are often useful in helping Iowans solve some of their most serious tax problems. These tax relief specialists work to analyze their clients' tax obligations and in many circumstances they can significantly reduce their tax debt. Tax relief companies have a range of tools at their disposal, such as investigation of tax liens and levies, audit representation, and negotiating penalty abatement.

 

Go To Reviews >


Tax Relief In The News

Hurricane relief, Delta tax break clear General Assembly

The Georgia Senate signed off Saturday on Hurricane Michael relief and a sales tax exemption on jet fuel, putting the wraps on a five-day special session of the General Assembly. Senators voted 43-9 t...

Published:  Sat, 17 Nov 2018 08:03:00 GMT



As Cuomo lauds Amazon deal, where's tax relief for the rest of NY (Editorial)

New York was always the odds-on favorite to win the national competition for Amazon's East Coast headquarters. The Big Apple has the nation's largest tech work force, and "the biggest factor driving o...

Published:  Sun, 18 Nov 2018 03:42:00 GMT



Letter, 11/18: Use resources to seek property tax relief

The prevailing political issue in this state is addressing high property tax rates, particularly in rural areas. Year in and year out, overburdened Nebraska taxpayers look to politicians for ...

Published:  Sat, 17 Nov 2018 20:55:00 GMT



Georgia lawmakers approve two hurricane relief bills and an airline tax break

ATLANTA (AP)-- Georgia lawmakers ended their special legislative session Saturday with the state Senate giving final approval to $470 million in emergency aid and tax incentives victims of Hurricane M...

Published:  Sun, 18 Nov 2018 07:34:00 GMT



Georgia Senate gives final approval to storm relief, airline tax bills

Less than nine months after state lawmakers shelved a tax break for airlines like Delta when the company snubbed the National Rifle Association, all was forgiven Saturday. Breaking marketing ties with ...

Published:  Sat, 17 Nov 2018 08:59:00 GMT



What's inevitable in an election year - taxes or tax relief

What's an elected official to do, in an election year, when there's a possibility that sitting on his or her hands could mean an additional $1.2 billion to spend Here's a hint from Senate Majority Le...

Published:  Thu, 15 Nov 2018 15:25:00 GMT




- View Full Site -