Clarksville man faces prison time for $1M tax fraud scheme
A Clarksville-based private investigator has been sentenced to nine months in federal prison after pleading guilty to a $1 million tax fraud scheme.
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NY attorney general sues Donald Trump, his company
New York’s attorney general sued former President Donald Trump and his company on Wednesday, alleging business fraud involving some of their most prized assets, including properties in Manhattan, Chicago and Washington, D.C.
Indiana will tax loan forgiveness, similar to other states
Indiana will tax student debt relief as income, reflecting similar policies in other U.S. states following the Biden administration’s announcement of a forgiveness plan last month.
Tax Court upholds Gary property assessments
A Lake County property owner who saw just one of his four real property assessments reduced for the 2017 year has failed to convince the Indiana Tax Court that the Indiana Board of Tax Review erred in its determinations.
Indiana’s special legislative session cost $240K
Indiana taxpayers were out close to a quarter-million dollars for a special legislative session that saw the passage of a near-total ban all abortions in the state, as well as a deal providing wraparound social services and inflation relief.
Indiana agencies start sending new round of tax rebates
Indiana state tax rebate payments have started to be made by direct bank deposit or printed checks, although some taxpayers will have to wait until October to receive the money.
Trump executive pleads guilty in tax case, agrees to testify
A top executive at former President Donald Trump’s family business pleaded guilty Thursday to evading taxes on a free apartment and other perks, striking a deal with prosecutors that could make him a star witness against the company at a trial this fall.
Townsend: WOTCs can increase diversity, reduce labor shortages
In a tight labor market with diversity, equity and inclusion front of mind, some employers have expanded their outreach to prospective employees under the federal Work Opportunity Tax Credit (WOTC).
Hoosiers could see mailed tax refund checks as early as next week
Hoosiers who still haven’t received their $125 automatic taxpayer refund can expect to see checks in a matter of weeks, state officials said. Hoosiers across the state should also see the $200 payment approved during the special legislative session arrive soon, too.
Indiana governor signs relief bill alongside abortion ban
Indiana’s governor signed a relief bill Friday night that will provide $200 rebate payments from the state’s surging budget surplus.
Indiana House passes spending, inflation relief bill
The Indiana House approved a bill Friday that would provide $200 rebate payments from the state’s surging budget surplus.
Indiana Republicans still split on tax rebate proposal
Indiana Republican lawmakers remained far from agreement Wednesday on whether to go along with the governor’s proposal to give each taxpayer a $225 rebate from the state’s surging budget surplus.
Indiana House advances proposal for spending some of $6.1B surplus
The Indiana House on Friday voted 93-2 to use the state’s unexpected surplus to send $1 billion in taxpayer rebates proposed by Gov. Eric Holcomb.
Indiana House proposes larger, costlier taxpayer ‘refund’ plan
House and Senate Republicans in the Indiana General Assembly remain on a collision course over how to provide inflation relief for Hoosiers after committees from both chambers passed bills that take vastly different approaches.
Senate Republicans balk at Holcomb’s tax refund proposal
Signaling their opposition to Gov. Eric Holcomb’s plan to issue $1 billion to Hoosier taxpayers in the form of $225 tax refund checks, Indiana Senate Republicans presented an alternate plan Wednesday to provide some financial relief for Indiana residents during a period of record-high inflation.
Indiana has a $6.1 billion surplus. Will taxpayers get some of it back?
As the Legislature prepares to consider Gov. Eric Holcomb’s proposal to return $1 billion of the state’s surplus to taxpayers, some legislators, economists and business leaders are questioning whether putting that money directly into the pockets of Hoosiers is the best use of the windfall.
How much additional compensation will lawmakers receive during special session?
A multiweek special legislative session to consider tax refunds and new abortion restrictions is expected to cost Indiana taxpayers at least $280,000 in additional compensation to the state’s 150 lawmakers.
Indiana Democrats criticize GOP for delaying special session
While Indiana House and Senate Democrats met at the Statehouse on Wednesday — the technical start date of a special session meant for discussions about Hoosier economic relief and abortion — a swarm of pro-choice protestors gathered on the building’s steps.
Holcomb calls lawmakers back into session to consider $1B in refunds
Gov. Eric Holcomb said Wednesday he is calling lawmakers back to the Indiana Statehouse on July 6 to consider his plan to send $1 billion in refunds to Indiana taxpayers.
SCOTUS rules religious schools can get Maine tuition aid
The Supreme Court ruled Tuesday that Maine can’t exclude religious schools from a program that offers tuition aid for private education, a decision that could ease religious organizations’ access to taxpayer money.