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.
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.
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.
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.
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.
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.
Indiana taxpayers will get a $125 refund after they pay their 2021 state income taxes, the governor’s office announced Wednesday afternoon.
Neither an assessor nor a longtime northern Indiana shopping mall met their burdens of proof in an appeal contesting tax assessments of the mall’s property for 2015 and 2016, the Indiana Tax Court concluded, ordering for the assessments to revert back to their 2010 value.
Business tax cuts and nixing government-imposed vaccine mandates will be among the legislative priorities for Indiana Chamber of Commerce next year, and top GOP lawmakers mostly appear to be on the same page.
Indiana’s surging state tax collections have the governor in discussions on whether tax cuts should be considered during the upcoming legislative session.
The Indiana Court of Appeals did not buy a Lake County man’s argument that state statute allows ineligible buyers at tax sales to avoid forfeiture by paying delinquent property taxes, finding the man had time to clear his debt but never did so.
A Kohl’s department store will be allowed to keep the markdown on its property taxes after the Indiana Tax Court ruled the Marion County assessor failed to present a convincing argument or evidence for why the original assessment amounts should be charged.
A Florida lawyer who was indicted for bilking the federal government of more than $32 million in tax revenue through an Indiana fraud scheme has surrendered his license to practice law in the Hoosier State.
With so much going on in tax law, it’s a critical time to understand what your current estate plan is, identify how different rule changes might affect your plan if they become law and map out potential strategies that can be implemented if the laws change.
A longtime northern Indiana shopping mall won a victory at the Indiana Supreme Court on Tuesday when the justices ordered the reinstatement of a tax assessment that is tens of millions less than the assessed values upheld by the Indiana Tax Court.
Former President Donald Trump on Tuesday sued his estranged niece and The New York Times over a 2018 story about his family’s wealth and tax practices that was partly based on confidential documents she provided to the newspaper’s reporters.
A Shelbyville fast-food restaurant owner has not prevailed in an appeal before the Indiana Tax Court after challenging the 2019 assessment of their more than 30-year-old restaurant building following hundreds of thousands of dollars in renovations.
An Indianapolis law firm has secured a reversal from the Indiana Tax Court after the Indiana Board of Tax Review was found to have erred in declining to accept as true factual allegations that the firm was the taxpayer who paid property taxes on property it purchased.
On July 15, the federal government began giving parents advancements on their 2021 Child Tax Credit. For some divorced parents, the advance is causing confusion and fueling conflicts about who is entitled to the money.
Indiana taxpayers can expect to see a refund when they file their state income taxes in 2022 because state revenue collections for this year exceeded expectations.