The Supreme Court is taking up a case Tuesday over a Washington couple’s $15,000 tax bill that is widely seen as a test of a never-enacted tax on wealth.
A former financial planner at Carmel-based Valeo Financial Advisors has agreed to plead guilty to two criminal charges related to the misappropriation of $4.69 million in client funds.
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.
Axing Indiana’s individual income tax and replacing just half the revenue with a sales tax hike would cost the state’s poorest residents an additional $62 and hand the top 1% of earners a $30,000 tax cut, a think tank told state lawmakers Friday.
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.
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.
A taxpayer failed to prove that it was incorrect to make her present market-based evidence to support her property value, the Indiana Tax Court has ruled in affirming a decision from the Indiana Board of Tax Review.
Hunter Biden sued the Internal Revenue Service on Monday, alleging that two agents who claimed interference into the case against him wrongly shared his personal tax information amid escalating legal and political struggles as the 2024 election looms.
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.
The city of Carmel filed legal action this week against three state financial agencies over a law that diverts local income tax revenue from Carmel to Fishers.
President Joe Biden’s son Hunter’s plea deal on two tax charges fell apart Wednesday, at least temporarily, after the federal judge hearing his case expressed concern over a related agreement on a more serious gun possession charge.
The Indiana Tax Sale Seminar will be back again next month for its 24th year.
The bulk of this year’s new legislation will take effect July 1, with changes ranging from increased access to contraceptives to greater restrictions for public school educators.
President Joe Biden’s son Hunter will plead guilty to federal tax offenses but avoid prosecution on a separate gun charge in a deal with the Justice Department that likely spares him time behind bars.
Indiana Tax Court Judge Martha Blood Wentworth will be giving a keynote address at the State and Local Tax Symposium June 16 at Northwestern University’s Pritzker School of Law.
An Indiana agency confirmed Tuesday that the state’s gasoline tax will go up by one cent this summer under an annual increase that Republican legislators voted recently to extend by three years.
An Indianapolis dermatologist has been sentenced to three years of probation for underreporting at least $1.2 million in taxable income over a three-year period. David Gerstein, 63, of Hamilton County, has also been ordered to pay $360,669 in restitution.
The Indiana General Assembly concluded the year’s regular session early Friday. Here are some key issues debated during the nearly four-month session.
The failure of two property owners to receive any of the multiple notices sent to them regarding the tax sale of their property did not create an “exceptional” case warranting the setting aside of the tax deed, the Court of Appeals of Indiana has ruled.
The former Minneapolis police officer convicted in the 2020 killing of George Floyd pleaded guilty Friday to two tax evasion counts, admitting that he didn’t file Minnesota income taxes for two years due to “financial concerns.”