When it comes to pushing for state tax cuts and limits on employer vaccine mandates, Republicans in the Indiana House of Representatives are taking the lead. IBJ asked the top House Republican, Speaker Todd Huston of Fishers, why his caucus has put these issues at the top of its agenda and why it has been more aggressive than Senate Republicans in its pursuit.
Indiana taxpayers will get a $125 refund after they pay their 2021 state income taxes, the governor’s office announced Wednesday afternoon.
Indiana’s surging state tax collections have the governor in discussions on whether tax cuts should be considered during the upcoming legislative session.
The clock is ticking for Boone County officials to decide whether they’ll increase local income taxes to pay for a proposed $45 million to $50 million jail expansion and justice center to alleviate overcrowding that leaves many prisoners sleeping in plastic cots on cell floors.
The Supreme Court on Monday refused to allow New Hampshire to sue neighboring Massachusetts over an income tax dispute involving people who have been working from home during the coronavirus pandemic.
The court found the company receives its Indiana income from the provision of services and not from selling prescription drugs.
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.
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.
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.
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.
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.
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 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.
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.
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.
A former Schererville personal injury and medical malpractice attorney who pleaded guilty to tax evasion has been sentenced to two years in federal prison. The attorney, who was suspended from the practice of law last year, also was ordered to make restitution of more than $1.7 million.
At this fraught moment in American history, the Supreme Court of the United States is doing its best to keep its head down, going about its regular business and putting off as many politically charged issues as it can, including whether President Donald Trump’s tax returns must be turned over to prosecutors in New York.
A former northwestern Indiana mayor faces a January sentencing after pleading guilty to charges that he illegally used public campaign donations to cover gambling losses.
President Donald Trump on Tuesday asked the U.S. Supreme Court to put on hold an appeals court ruling that Trump’s accountant must immediately turn over tax records to a New York state prosecutor, setting up a decision from the high court that could come before Election Day.
Fishers city officials are making plans to spend $4.7 million that, in any previous year, would have gone to the city of Carmel. Instead, special legislation passed in 2019 that caps Carmel’s income tax revenue growth at 2.5% per year for three years, with any excess transferred to Fishers, was triggered in the first year it could apply.