What is Iowa Code § 422.33(5)? Iowa Code § 422.33(5) is a fundamental corporate tax statute that allows eligible corporations to reduce their Iowa corporate income tax liability using applicable [...]

Answer Capsule: Quick Guide to the Iowa RAC Transition The Iowa Research Activities Credit (RAC) provides a refundable state tax credit for increasing qualified research activities. Crucially, [...]

November 2025: 1.61% (A+ grade) Iowa inventionINDEX November 2025: 1.61% (A+ grade) The inventionINDEX measures innovation output by comparing GDP growth with patent production growth.  Anything [...]

Iowa Research Activities Credit (RAC) Glossary Quick Answer Capsule What is the Iowa Research Activities Credit? This glossary defines key terms, statutes, and tax structures for the Iowa [...]

October 2025: 1.54% (A+ grade) Iowa inventionINDEX October 2025: 1.54% (A+ grade) The inventionINDEX measures innovation output by comparing GDP growth with patent production growth.  Anything [...]

September 2025: 1.48% (A+ grade) Iowa inventionINDEX September 2025: 1.48% (A+ grade) The inventionINDEX measures innovation output by comparing GDP growth with patent production growth.  [...]

August 2025: 1.15% (B- grade) Iowa inventionINDEX August 2025: 1.15% (B- grade) The inventionINDEX measures innovation output by comparing GDP growth with patent production growth.  Anything over [...]

July 2025: 1.71% (A+ grade) Iowa inventionINDEX July 2025: 1.71% (A+ grade) The inventionINDEX measures innovation output by comparing GDP growth with patent production growth.  Anything over C [...]

June 2025: 1.61% (A+ grade) Iowa inventionINDEX June 2025: 1.61% (A+ grade) The inventionINDEX measures innovation output by comparing GDP growth with patent production growth.  Anything over C [...]

May 2025: 1.50% (A+ grade) Iowa inventionINDEX May 2025: 1.50% (A+ grade) The inventionINDEX measures innovation output by comparing GDP growth with patent production growth.  Anything over C [...]