For some estate law attorneys who handle planning for wealthier clients, Dec. 31, 2025, is circled on their calendars.
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While law was the path she wanted, it wasn’t what she chose to do at first. Instead, now-Indiana Tax Court Judge Martha Blood Wentworth was told her options were chorus teacher or nurse — never lawyer.
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Here is an update on key legislation affecting not only lawyers, but all Hoosiers statewide. Updates are as of March 10.
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Tariff talk is big these days as economists, manufacturers, industry groups and consumers—everyone, it seems—consider the potential impact of tariffs announced by the Trump administration. Indiana’s manufacturing-heavy economy is especially vulnerable to the uncertainty from tariffs and retaliatory tariffs between nations.
President Donald Trump on Thursday rolled out his plan to increase U.S. tariffs to match the tax rates that other countries charge on imports, possibly triggering a broader economic confrontation with allies and rivals alike as he hopes to eliminate any trade imbalances.
President Donald Trump is taking additional action to upset the world trade system, with plans to sign an order as soon as Wednesday that would require that U.S. tariffs on imports match the tax rates charged by other countries.
President Donald Trump said he will announce on Monday that the United States will impose 25% tariffs on all steel and aluminum imports, including from Canada and Mexico, as well as other import duties later in the week.
Despite being a top priority for new Indiana Gov. Mike Braun, Republican leaders in the General Assembly seem to be taking a more cautious approach to new state tax relief in budget discussions.
President Donald Trump on Monday agreed to a 30-day pause on his tariff threats against Mexico and Canada as America’s two largest trading partners took steps to appease his concerns about border security and drug trafficking.
U.S. President Donald Trump held off Monday on his tariff threats against Mexico for one month of further negotiations after Mexican President Claudia Sheinbaum agreed to send 10,000 members of her country’s national guard to the border to address drug trafficking.
President Donald Trump said Sunday that Americans could feel “some pain” from the emerging trade war triggered by his tariffs against Canada, Mexico and China, and claimed that Canada would “cease to exist” without its trade surplus with the United States.
President Donald Trump said his 25% tariffs on Canada and Mexico are coming on Saturday, but he’s still considering whether to include oil from those countries as part of his import taxes.
A proposal from Republican Sen. Gary Byrne of Byrnesville would remove taxing authority from library boards and give it to the county.
Approximately 1 million taxpayers will automatically receive special payments of up to $1,400 from the IRS in the coming weeks. The money will be directly deposited into eligible people’s bank accounts or sent in the mail by a paper check.
Indiana’s revenues are down as tax collections continue to lag behind estimates, according to November’s state revenue report. Projections are based on analysis from December 2023 and due for an update next month.
The Supreme Court rejected an appeal Monday from Michael Cohen, who wanted to hold his former boss and ex-president Donald Trump liable for a jailing he said was retaliation for writing a tell-all memoir.
Truth in Accounting’s Financial State of the States report gave Indiana a ‘B’ grade, ranking it 15th in the nation.
Treasury’s proposed rule will be open for comment until Dec. 12, the department said, and there will be a proposed hearing on the rule Jan. 16.
An Indianapolis CPA faces up to three years in prison after he pleaded guilty to assisting in the preparation of false tax returns on behalf of clients who participated in an illegal tax shelter.
The Supreme Court on Thursday upheld a tax on foreign income over a challenge backed by business and anti-regulatory interests, declining their invitation to weigh in on a broader, never-enacted tax on wealth.
The Congressional Budget Office said Tuesday that it projects this year’s federal budget deficit to be $400 billion higher, a 27% increase compared to its original estimate released in February.
Although Majority Republicans in the Indiana Legislature didn’t kill a taxing district meant to help the city of Indianapolis and the not-for-profit Downtown Indy Inc. enhance public safety, beautification and homeless services downtown, the changes they made to the law that authorized it have sent local architects of the district back to the drawing board.
The chief budget architect for the Indiana House of Representatives outlined property tax concerns Wednesday for the next legislative session, with a focus on school referendums and the use of excess levy appeals.