Libraries fire back on bill to remove taxing authority
A proposal from Republican Sen. Gary Byrne of Byrnesville would remove taxing authority from library boards and give it to the county.
Tax Issues
Articles
Tax dispute between PENN Entertainment, revenue department to be heard by IN Supreme Court
The Indiana Supreme Court will hear oral arguments in January for a case involving a tax assessment dispute between a Pennsylvania company with gaming and entertainment ventures in multiple states, including Indiana, and the state’s department of revenue.
Tax Court upholds board’s valuation of leased space in Circle Centre parking garage
The valuation of leased property in an Indianapolis parking garage will stand after the Indiana Tax Court upheld the Indiana Board of Tax Review’s challenged valuation.
IN Tax Court rules in favor of state revenue department in toll road tax dispute
The Indiana Toll Road’s lease established it as a publicly maintained road for the 2016 and 2017 tax years, the Indiana Tax Court ruled Wednesday in denying three motor carriers’ claims that they should be awarded motor fuel tax refunds for those years.
Financial company wins summary judgment on bad debt deductions
A financial company seeking bad debt deductions on defaulted contracts has won partial summary judgment at the Indiana Tax Court.
Appeal of 2018 tax assessment was timely, but Bartholomew Co. property owner not entitled to change in assessment, Tax Court rules
A Bartholomew County property owner timely filed an appeal of their 2018 land assessment, but the Indiana Board of Tax Review’s order to not change the property’s assessed value should stand, the Indiana Tax Court affirmed Wednesday.
Deadline looms on estate-tax option
A December 2025 deadline might seem far away — but for those who qualify for the estate-tax provision of the Tax Cuts and Jobs Act, now’s the time to decide whether and how to reduce the size of their estates.
Businessman with Elkhart ties sentenced in $180 million bank fraud that paid for lavish lifestyle, classic cars
A businessman who orchestrated a $180 million check-kiting scheme and used the proceeds to live a lavish lifestyle and amass one of the world’s most revered classic car collections has been sentenced to more than eight years in prison.
Supreme Court dispute over $15,000 IRS bill may be aimed at never-enacted tax on billionaires
Charles and Kathleen Moore are about to have their day in the U.S. Supreme Court over a $15,000 tax bill they contend is unconstitutional.
Purchaser of tax sale parcels met constitutional, statutory notice requirements to property owners, IN Supreme Court affirms
A company’s repeated efforts to notify a Madison County couple by mail that their properties had been sold at a tax sale met federal and state notice requirements, the Indiana Supreme Court affirmed Wednesday.
Tax Court upholds higher assessments after untimely challenges
After a series of back-and-forth decisions, a higher assessment will remain in place for land owned by a Bartholomew County couple whose challenge to that higher assessment for two tax years was untimely.
Lawmakers cautiously eye property tax relief with big bills on horizon
Indiana lawmakers are drawing up changes to the state’s property tax system, with high value assessments last spring pointing toward potentially high bills this year. But their approach has been cautious.
Soshnick: The perils of constructive dividends in divorce cases
When buying out a spouse’s business interest, the temptation is to draw funds from the corporation to pay. However, the potential unintended tax consequences of this approach can be both significant and detrimental.
Fishers bookkeeper sentenced for embezzlement after 8 years on lam
A former bookkeeper who spent eight years on the lam after embezzling more than $2.2 million from a Fishers company has been sentenced to 7½ years in federal prison, the U.S. Department of Justice announced Tuesday.
Former lawmaker, casino exec Keeler suspended from practicing law for 1 ½ years
A former Republican legislator currently in prison for filing a false tax return as part of a scheme that illegally funneled casino money into a failed 2016 congressional campaign has been suspended from practicing law in Indiana for at least a year and a half.
Changes made to Indiana Tax Court Rules about filing times, small tax cases
The Indiana Supreme Court has made alternations to the requirements for filing appeals of final determinations in certain tax disputes, among other changes.
Tax Court rules for Hendricks Co. convenience store in appraisal dispute
A Hendricks County convenience store has won its appeal for a lower real property assessment after the Indiana Tax Court struck down an underlying appraisal and market adjustment.
Indiana lawmakers face debates on vaccine limits, tax cuts
Indiana lawmakers expect to start their new session by quickly diving into a contentious debate over a Republican-backed proposal aimed at limiting workplace COVID-19 vaccination requirements, even as the virus threatens to overwhelm the state’s hospitals.
Indiana taxpayers to get $125 refunds as state gives back $545M in surplus
Indiana taxpayers will get a $125 refund after they pay their 2021 state income taxes, the governor’s office announced Wednesday afternoon.
Tax Court reverts Hobart mall’s property tax assessments, finds neither party met burden of proof
Neither an assessor nor a longtime northern Indiana shopping mall met their burdens of proof in an appeal contesting tax assessments of the mall’s property for 2015 and 2016, the Indiana Tax Court concluded, ordering for the assessments to revert back to their 2010 value.