Hoosiers getting state tax refund after surprising revenue surplus
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.
Taxes
Articles
Tax Court denies exemption to owners of lakefront property partially controlled by feds
A lakefront property owner who claimed the government’s partial use of her land entitled her to a property tax exemption failed in her bid for relief at the Indiana Tax Court.
Reversal: Tax deed holder entitled to summary judgment in ownership dispute
A dispute over a misspelled name that led to two entities both thinking they owned an Indianapolis property has been resolved in favor of the entity holding the tax deed.
Former Mounds Mall landowner can’t force parcel owner to sign lease, COA rules
The owner of land where Anderson’s Mounds Mall once stood cannot order the owner of one parcel to agree to a prior lease, the court found.
COA orders for recalculation of father’s increased child support
An out-of-state father partially succeeded in convincing the Indiana Court of Appeals that his income was significantly overvalued when his weekly child support amount was re-calculated at hundreds of dollars more than it was previously.
Biden’s declaration: America’s democracy ‘is rising anew’
President Joe Biden declared that “America is rising anew” as he called for an expansion of federal programs to drive the economy past the coronavirus pandemic and broadly extend the social safety net on a scale not seen in decades.
What to watch during Biden’s 1st big speech to Congress
President Joe Biden is putting the finishing touches on his first address to a joint session of Congress, a prime-time speech on Wednesday night on the eve of his 100th day in office.
DC statehood approved by House as Senate fight looms
A decades-long movement to reshape the American political map took a further step Thursday as the House of Representatives approved a bill to make the nation’s capital the 51st state.
Legislators back expanded gambling at tribe’s South Bend casino
Indiana legislators have endorsed a deal allowing the tribal casino in South Bend to become a full-fledged competitor to Indiana’s other casinos.
Biden’s ‘jobs Cabinet’ to sell infrastructure as GOP resists
President Joe Biden is setting about convincing America it needs his $2.3 trillion infrastructure plan, deputizing a five-member “jobs Cabinet,” including former South Bend Mayor Pete Buttigieg, to help in the effort. But the enormity of his task is clear after Senate Minority Leader Mitch McConnell vowed to oppose the plan “every step of the way.”
Intentional misclassification of construction workers causing concern
Workers on construction sites across Indiana can be found nailing plywall from atop scaffolds, scaling roofs or painting newly built homes. But what isn’t evident is whether those workers are part of a shady trend construction industry experts say is a serious concern — payroll tax fraud.
Adams and Engel: Planning considerations for IRC Section 1031 exchanges
Many commercial real estate owners, even those who previously did not intend to sell, are considering selling their real estate to take advantage of current market conditions. With transactions seemingly becoming quicker each year, it is important for owners to consider many factors when preparing to sell their real estate, including executing an Internal Revenue Code (IRC) Section 1031 exchange.
Trump’s taxes in hand, Manhattan DA’s probe heats up
With former President Donald Trump’s tax returns finally in hand, a team of New York prosecutors led by a newly hired former mob-buster is sending out fresh subpoenas and meeting face-to-face with key witnesses, scrutinizing Trump’s business practices in granular detail.
Rokita joins Republican AGs questioning stimulus barring tax cuts
Republican attorneys general from 21 states, including Indiana, are questioning a provision in the $1.9 trillion pandemic rescue plan that bars states from using its funds to offset tax cuts.
Jury selection set in ex-Portage mayor’s bribery retrial
Jury selection is set to begin Monday in a former northwestern Indiana mayor’s long-delayed retrial on a federal charge alleging that he solicited a bribe from two businessmen.
Finding consensus, struggling with conflict at legislative halfway mark
As Indiana lawmakers prepare for the second half of the session, several key issues are awaiting further review.
SCOTUS won’t halt Trump tax record turnover
In a significant defeat for former President Donald Trump, the Supreme Court is declining to step in to halt the turnover of his tax records to a New York state prosecutor. The court’s action Monday is the apparent culmination of a lengthy legal battle that had already reached the high court once before.
HOA tax refund dispute to stay in trial court for now, COA rules
Despite being based in Indiana tax law, a motion to compel Marion County taxing officials to rule on refund requests by two homeowners associations must continue in trial court until a final determination on the refunds is reached.
Indiana GOP budget plan boosts school vouchers, smoking tax
Nearly one-fifth of a proposed state funding hike for Indiana’s schools would go toward expanding private school voucher and virtual school programs under a budget plan Republican legislators released Thursday.
Democrats propose $1,400 payments as part of Biden virus relief
House Democrats proposed an additional $1,400 in direct payments to individuals as Congress began piecing together a $1.9 trillion COVID-19 relief package that tracks President Joe Biden’s plan for battling the pandemic and reviving a still staggering economy.