SCOTUS says 1 state can’t be sued in another’s courts
The Supreme Court of the United States is ruling that one state cannot unwillingly be sued in the courts of another, overruling a 40-year precedent.
Tax Issues
Articles
Tax Court affirms $2.12 million assessment of Anderson Wigwam
Anderson Wigwam high school basketball arena owners have lost their appeal of a final determination upholding the assessment of its real property for the 2015 tax year at more than $2 million.
Indiana gets $159K from Sephora tax fraud settlement
International beauty supply chain Sephora USA Inc. has paid Indiana a settlement to end a fraud lawsuit filed against it, Attorney General Curtis Hill’s office announced.
Refusal to hand over Trump’s tax returns sets up legal fight
Treasury Secretary Steven Mnuchin has made it official: The administration won’t be turning President Donald Trump’s tax returns over to the Democratic-controlled House. The move, which was expected, is sure to set in motion a legal battle over Trump’s tax returns.
Tax Court denies boat maker’s motion to strike investigatory report
A southern Indiana barge and water vessel manufacturer hit rough waters after the Indiana Tax Court denied its motion to strike an investigatory report and testimony presented in its income tax refund litigation.
Tax Court rules for gamblers in interpretation of federal modification
The Indiana Tax Court granted partial summary judgment to two professional gamblers who received unwanted adjustments to their adjusted gross income tax liabilities after the court concluded the Indiana Department of State Revenue’s interpretation of federal modification was unreasonable.
Former Indy-area attorney pleads guilty to tax evasion
A former attorney in Brownsburg who prepared tax returns for clients in the Indianapolis area has pleaded guilty to trying to evade payment of his own taxes and faces as much as five years in prison and a $250,000 fine.
State lawmakers working to close loophole in online sales, hotel taxes
Indiana is one step closer to closing what lawmakers describe as a loophole in online sales and hotel tax collection.
Suspended attorney to serve 6 months for bankruptcy fraud, embezzlement
A suspended Fort Wayne attorney will serve six months in jail and has been ordered to pay nearly $240,000 in restitution after he pleaded guilty to embezzlement and tax fraud charges stemming from personal and client bankruptcy proceedings.
Manafort gets 47 months; Trump feels ‘very badly’ for ex-campaign chair
Former Trump campaign chairman Paul Manafort has been sentenced to nearly four years in prison for tax and bank fraud related to his work advising Ukrainian politicians, much less than what was called for under federal sentencing guidelines.
Tax Court vacates previous remand in McCordsville dispute
Three months after remanding a dispute to the Indiana Board of Tax Review with instructions to conduct another hearing, the Indiana Tax Court has vacated that opinion and ruled the claims by co-trustees are barred and untimely.
Tax Court upholds 26 percent increase in home valuation
The Indiana Tax Court has upheld a 26 percent increase in a home valuation after finding that the homeowners failed to properly rebut the removal of an obsolescence adjustment.
IndyBar: Nothing is Certain Except for Death and Taxes … Unless You Have a Property Tax Exemption
Whether a property qualifies for a property tax exemption is a question routinely asked in real estate transactions as developers and buyers explore options to reduce and budget for ongoing costs.
Portage mayor convicted of bribery, tax charge
A jury has convicted a northwestern Indiana mayor of one count each of bribery and tax obstruction while acquitting him of a second bribery count. The jury returned the verdicts Thursday against 38-year-old Portage Mayor James Snyder.
Tax Court affirms reduced Jeffersonville Meijer assessment
The Clark County assessor has lost her appeal of a determination that lowered the assessed value of a Jeffersonville Meijer store when the Indiana Tax Court found she failed to prove the decision was contrary to law, unsupported by substantial evidence, or was an abuse of discretion.
Maurer students again offering free tax services
Starting this week, Indiana University Maurer School of Law students will continue their annual tradition of helping qualified Monroe County residents prepare their taxes for free.
Former Carmel stockbroker sentenced to 18 months in prison
A former Carmel resident who pleaded guilty to evading taxes on more than $1.2 million in income related to the multimillion sale of a rare painting was sentenced on Friday to 18 months in federal prison.
Lawmakers considering property tax amnesty period
Indiana legislators are considering creating an amnesty period for homeowners and businesses to pay overdue property taxes without the penalty fees and interest.
Tax Court: JW Marriott’s appeal in 8-year-old assessment case premature
The owner of the downtown Indianapolis JW Marriott Hotel prematurely appealed its 2010 real property assessment with the Indiana Tax Court because a lower reviewing authority had not yet been given its full statutory time to review the matter, the Indiana Tax Court ruled Friday.
Anderson Wigwam owners lose bid in Tax Court
The company which now owns the storied Anderson High School arena, known as the Wigwam, failed to convince the Indiana Tax Court it is entitled to an injunction against the collection of property taxes based on a valuation of more than $2 million.