So you want to start a business in Iowa and want to know what kind of business license you need to get started? Well, your search is over, because IASourceLink can help! The term “Business License” is a little misleading, at least in Iowa. It isn’t as simple as getting...
The Iowa Department of Revenue and other state agencies are modernizing technology and processes to better serve Iowa taxpayers. In addition to the launch of the GovConnectIowa portal, the Iowa Department of Revenue added multiple video tutorials to their YouTube Channel. Previously highlighted in the IDR/IASourceLink Iowa Tax Webinar series, Iowa taxpayers can now...
The 2022 applications are now being accepted for the Pappajohn Iowa Entrepreneurial Venture Competition. The John Pappajohn Iowa Entrepreneurial Venture Competition contest is intended to encourage and promote entrepreneurial activity and create greater awareness of the resources available to entrepreneurs in Iowa. We encourage innovative, new ventures to participate. Judges selected...
As part of the upcoming National Small Business Week 2022, set for May 1st-7th, the SBA’s Iowa District Office has announced the winners of its 2022 Iowa Small Business Champion of the Year Awards. Read below for more information, or scroll down to view this year's award recipients. In recognition of...
The Iowa Economic Development Authority is once again partnering with the University of Northern Iowa – Institute for Decision Making and Strategic Marketing Services – to undertake a survey to assess the current economic conditions and ongoing impacts of the coronavirus pandemic on Iowa’s businesses and nonprofit organizations. IEDA will again...
Grow Cedar Valley will soon offer CO.STARTERS, a 10-session, cohort-based program that equips entrepreneurs of all kinds with the insights, relationships, and tools needed to turn business ideas into action. Read more from the Grow CV Press Release, below. Drawing from the experience of successful entrepreneurs and startup veterans from around...
The Des Moines Partnership is working with Clay & Milk to create a statewide dashboard to better track and measure the pulse of Iowa's entrepreneurial and startup activity. The Innovation Dashboard, launched on January 5th, provides a comprehensive indicator of entrepreneurial activity in the state of Iowa. Alongside this initiative, Iowa founders are...
What is a C Corporation? A C corporation, or C-corp, is a type of legal business entity. The difference between a C corporation and other types of entities is that the owner or shareholders of a C corporation are taxed separately from the entity. The C corporation is also taxed on...
What is an S Corporation? An S Corporation, or S Subchapter, is another type of legal business entity. What makes an S Corporation stand out from the others? The main difference is that the business elects to pass income, losses, deductions, and credits to their shareholders. This is a major tax...
What is an LLC? LLC stands for limited liability company. An LLC is a business structure that protects the owner from personal responsibility for its debts. It’s similar to a corporation, but also offers the same pass-through taxation benefit as sole proprietorships. Essentially, it’s a combination of two other popular business structures:...
