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Iowa Corporate Tax Rates to Decrease

Posted by: Nick Glew on Monday, October 10, 2022
For tax year 2023, the top Iowa corporate tax rate will be reduced from 9.8% to 8.4%. Following the close-out of the state’s fiscal year, the Governor’s office made the announcement in a press release at the end of September. The second highest bracket, which today stands at 9 percent, will also be reduced to 8.4 percent. The announcement

Gov. Reynolds announces grant program to reduce language barriers in workforce

Posted by: Alex Murphy on Wednesday, October 5, 2022
DES MOINES, IOWA – Governor Kim Reynolds today announced a new grant opportunity intended to reduce language barriers in the workforce. The Iowa Language Learners Job Training Program will help employers provide sustained programs for English language instruction to support improved communication in the workplace. “Here in Iowa,

Expanded Employee Retention Credit

Posted by: on Monday, September 26, 2022
The Employee Retention Credit (ERC) was originally passed as part of the CARES Act to help businesses negatively affected by COVID-19. The refundable tax credit encouraged employers to keep employees on their payroll. The ERC was just expanded as part of the year-end COVID-19 relief legislation and now retroactively allows employers that took Paycheck

New Coworking Hub to Welcome Entrepreneurs and Location Independent Workforce

Posted by: Brady Quinn on Friday, September 23, 2022
Cowork 1107 is Marion’s newest coworking business opening November 2022. Operated by Marion Economic Development Corporation (MEDCO), the coworking space will offer a shared, community-driven workspace for location-independent workers and entrepreneurs. Whether you need desk space for the day or private executive level accommodations to host a

MEDCO Investor Announcement

Posted by: Lori Bowman on Friday, September 23, 2022
Rexco Equipment, a local heavy and compact construction equipment dealer, has acquired JP Scherrman, Inc. (JPS) an equipment dealer in Farley, Iowa – effective close of business on September 30, 2022. Rexco is excited to retain the company’s employees who possess a reputation of excellent customer service and product knowledge. A staff that

Progress Continues on the New Marion Public Library

Posted by: Bill Carroll on Friday, September 23, 2022
The Library Board of Trustees met in a special session on Sept. 22, 2022, to discuss plans for opening the new Marion Public Library facility in the 1100 block of 6th Avenue. Like many projects in recent years, the library has been impacted by the availability of materials, delivery delays, and labor shortages. In a joint meeting of the Library Board of

Farmers State Bank Celebrates 95 Years of Excellence

Posted by: Cassandra Kotek on Friday, September 9, 2022
August 27, 2022, is a milestone in Farmers State Bank’s history. Ninety-five years ago, on August 27, 1927, the Iowa Department of Banking approved a Charter for Alburnett State Bank, with $25,000.00 in capital stock. Roughly eighteen years later, when Morris Neighbor traded his Army sergeant’s uniform for a banker’s suit in 1945, he had

A Heart for Giving Back

Posted by: Emily Russ on Wednesday, September 7, 2022
As a child, Jim McGrew called the neighborhood near Francis Marion Intermediate School, home. He walked to school most days and recalls an occasional snowball fight with his buddies along the way. His daily route would take him near 2095 3rd Avenue, a home originally built in 1920. Today that property is owned by Marion Community Build and is under
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