Indiana to get $2.9M in settlement over `free’ TurboTax ads
Indiana will get $2.9 million from a nationwide settlement with a software company that misled users who filed their taxes through TurboTax.
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Holcomb proposes $1B refund for Indiana taxpayers
Gov. Eric Holcomb announced a plan on Thursday to call a special legislative session at the end of June and propose that $1 billion in state reserves be returned to Indiana taxpayers.
Indiana governor eyes ‘inflationary relief,’ not gas tax cut
Indiana’s governor said Wednesday he was preparing a plan to potentially tap into the growing state budget surplus to help residents with the national inflation jump, while rejecting calls for suspending state gas taxes.
Indiana Republicans show no signs of moving for gas tax cut
Indiana Republicans aren’t showing signs of putting the brakes on rising state gasoline taxes even as the state government continues its streak of fast-growing tax collections.
Tax Court dismisses law firm’s appeal for lack of jurisdiction
The Indiana Tax Court has dismissed an appeal from an Indianapolis law office that was ordered to pay an outstanding liability after it mislabeled withholding tax returns in 2021, finding the court lacked jurisdiction in the case.
Indiana automatic taxpayer refund to be sent out this summer
Hoosiers should expect to start receiving the promised one-time $125 automatic taxpayer refund in the coming weeks, Indiana Gov. Eric Holcomb announced Wednesday.
Tax Court: Racetrack’s 2020 tax assessment upheld after failure to appear
A man who failed to appear at two telephonic hearings for the appeal of his racetrack’s 2020 property tax assessment did not convince the Indiana Tax Court that a final determination against him should be overturned.
Tax Court: Mass Ave building can keep charitable purposes exemption for 2010 tax year
A seven-story, mixed-use development that makes up a large chunk of Indianapolis’ Massachusetts Avenue can keep its charitable exemption for the 2010 tax year despite opposition from the Marion County assessor, the Indiana Tax Court has ruled.
Indiana governor signs gradual income tax cut plan into law
A plan for gradually cutting Indiana’s individual income tax rate over the next seven years has been signed into law by Gov. Eric Holcomb, the governor’s office announced Wednesday.
Legislature ends session by cutting income taxes, not business personal property tax
Indiana lawmakers gave final approval early Wednesday morning to a Republican tax-cut package that would gradually reduce state income taxes over the next seven years, but they failed to reach agreement on cutting the business personal property tax.
Tax Court affirms, reverses in property tax disputes with ingredient provider
An American multinational ingredient provider that ran into trouble with the Indiana Board of Tax Review has secured a reversal from the Indiana Tax Court for its personal property taxes for the 2012 and 2013 tax years. However, it wasn’t as successful in its request for a refund after finding it overpaid for the 2011 tax year.
Indiana Senate panel backs bill without big tax-cut proposal
An Indiana Senate committee endorsed a tax proposal on Tuesday without the business and individual tax cut package potentially totaling more than $1 billion that the House approved last month.
Senate Republicans strip down key Indiana House bills in second half of session
Republican leaders in the House and Senate said from the outset of the 2022 legislative session that they didn’t see eye to eye on some of the highest-profile issues — and the Senate proved that last week when it stripped key provisions from several House bills.
Indiana lawmakers approve expanding tax refund eligibility
Indiana lawmakers on Thursday approved expanding the number of people eligible for anticipated $125 payments this spring under the state’s automatic taxpayer refund law.
Indiana Senate committee strips all tax cuts from House proposal
Republicans in the Indiana Senate gutted House Republicans’ plan for $1 billion in tax cuts within minutes of the bill’s first hearing in the Tax and Fiscal Policy Committee on Tuesday.
House, Senate remain at odds over tax, vaccine legislation at session’s halfway point
At the halfway point in this year’s legislative session, Republican leaders in the House and Senate continue to be at odds over the highest-profile issues of the session, including restrictions on employer vaccine mandates and tax cuts for businesses and individuals.
$1B tax cut package clears Indiana House, heads to uncertain future in Senate
Republicans in the Indiana House passed their $1 billion individual income and business tax cut proposal Thursday on a 68-25 party-line vote, sending it to the Senate, where its future is murky.
House Republicans unveil $1B tax cut plan; other GOP leaders are more reluctant
Indiana House Republicans unveiled a tax plan to eliminate or lower four separate taxes that would result in $1 billion in tax cuts by 2025.
Business tax cuts top Holcomb’s 2022 agenda
Reducing the business tax on equipment and modernizing tax incentives to attract more businesses to Indiana are among the top items on Gov. Eric Holcomb’s 2022 legislative agenda.
Holcomb, lawmakers differing on top issues
Indiana Gov. Eric Holcomb proposed a tax cut for some businesses Monday that is decidedly less ambitious than what many of his fellow Republicans want to seek during the new legislative session.