Tax sale CLE coming to Indy next month
Lawyers can get more than seven hours of continuing legal education credit during an Indiana tax sale seminar in Indianapolis next month.
Tax Issues
Articles
Buyer prevails in tax sale dispute with mortgage holders
A financial group has secured a reversal in its favor from the Indiana Court of Appeals after its originally successful bid at a tax sale went south.
DC statehood approved by House as Senate fight looms
A decades-long movement to reshape the American political map took a further step Thursday as the House of Representatives approved a bill to make the nation’s capital the 51st state.
Biden’s ‘jobs Cabinet’ to sell infrastructure as GOP resists
President Joe Biden is setting about convincing America it needs his $2.3 trillion infrastructure plan, deputizing a five-member “jobs Cabinet,” including former South Bend Mayor Pete Buttigieg, to help in the effort. But the enormity of his task is clear after Senate Minority Leader Mitch McConnell vowed to oppose the plan “every step of the way.”
Intentional misclassification of construction workers causing concern
Workers on construction sites across Indiana can be found nailing plywall from atop scaffolds, scaling roofs or painting newly built homes. But what isn’t evident is whether those workers are part of a shady trend construction industry experts say is a serious concern — payroll tax fraud.
Adams and Engel: Planning considerations for IRC Section 1031 exchanges
Many commercial real estate owners, even those who previously did not intend to sell, are considering selling their real estate to take advantage of current market conditions. With transactions seemingly becoming quicker each year, it is important for owners to consider many factors when preparing to sell their real estate, including executing an Internal Revenue Code (IRC) Section 1031 exchange.
Trump’s taxes in hand, Manhattan DA’s probe heats up
With former President Donald Trump’s tax returns finally in hand, a team of New York prosecutors led by a newly hired former mob-buster is sending out fresh subpoenas and meeting face-to-face with key witnesses, scrutinizing Trump’s business practices in granular detail.
Rokita joins Republican AGs questioning stimulus barring tax cuts
Republican attorneys general from 21 states, including Indiana, are questioning a provision in the $1.9 trillion pandemic rescue plan that bars states from using its funds to offset tax cuts.
Jury selection set in ex-Portage mayor’s bribery retrial
Jury selection is set to begin Monday in a former northwestern Indiana mayor’s long-delayed retrial on a federal charge alleging that he solicited a bribe from two businessmen.
SCOTUS won’t halt Trump tax record turnover
In a significant defeat for former President Donald Trump, the Supreme Court is declining to step in to halt the turnover of his tax records to a New York state prosecutor. The court’s action Monday is the apparent culmination of a lengthy legal battle that had already reached the high court once before.
Children’s Museum lawsuit over Drake moves ahead amid talks with developer
An effort by the Children’s Museum of Indianapolis to overturn the city’s designation of the Drake apartment building as a historic property has been transferred to federal court — even as the organization continues working with city officials on a plan to salvage the nearby building.
Indiana GOP budget plan boosts school vouchers, smoking tax
Nearly one-fifth of a proposed state funding hike for Indiana’s schools would go toward expanding private school voucher and virtual school programs under a budget plan Republican legislators released Thursday.
Democrats propose $1,400 payments as part of Biden virus relief
House Democrats proposed an additional $1,400 in direct payments to individuals as Congress began piecing together a $1.9 trillion COVID-19 relief package that tracks President Joe Biden’s plan for battling the pandemic and reviving a still staggering economy.
Indiana lawmakers propose using cigarette tax for Medicaid
A House committee made significant changes Thursday to the way Indiana would spend proceeds from a proposal to hike the state’s cigarette tax https://www.theindianalawyer.com/articles/indiana-lawmakers-discuss-doubling-cigarette-tax-rate for the first time in more than a decade and impose a new state tax on vaping liquids.
After rift between partners, court asked to dissolve George & Farinas
Claiming she and her law partner can no longer continue working together, Indianapolis attorney Kathleen Farinas is asking the Marion County Commercial Court to dissolve George & Farinas LLP, appoint a receiver and enter damages against Linda George.
Indiana lawmakers discuss doubling cigarette tax rate
Indiana lawmakers are considering doubling the state’s cigarette tax and imposing a tax on e-cigarettes. If passed, the new $1 per pack tax would be the first increase since 2007 and the measure would also raise taxes on vaping products.
Tax Court allows motor carriers’ refund case to proceed
Three motor carriers can proceed with their claims for a tax refund from the state, the Indiana Tax Court has ruled.
Suspended attorney sentenced to 2 years in federal prison for tax evasion
A former Schererville personal injury and medical malpractice attorney who pleaded guilty to tax evasion has been sentenced to two years in federal prison. The attorney, who was suspended from the practice of law last year, also was ordered to make restitution of more than $1.7 million.
Five from Indianapolis area sentenced to federal prison in $8.4M fraud scheme
A Zionsville business owner and four others from the Indianapolis area have been sentenced to federal prison for participating in an $8.4 million fraud and money-laundering scheme, the U.S. Department of Justice announced Friday.
Despite riot, impeachment, business as usual for high court
At this fraught moment in American history, the Supreme Court of the United States is doing its best to keep its head down, going about its regular business and putting off as many politically charged issues as it can, including whether President Donald Trump’s tax returns must be turned over to prosecutors in New York.