Tax Court remands valuation of Elkhart property
The Indiana Board of Tax Review must revisit its valuations of land owned by a northern Indiana manufacturer, the Indiana Tax Court has ruled.
Tax Issues
Articles
Tax Court affirms assessment of Boone County Meijer store
The Indiana Tax Court has affirmed a final determination rendered by the Indiana Board of Tax Review for a Boone County Meijer store that increased its assessed value over four years.
Trump asking about special prosecutor for Hunter Biden
President Donald Trump is considering pushing to have a special counsel appointed to advance a federal tax investigation into the son of President-elect Joe Biden, setting up a potential showdown with incoming acting attorney general Jeffrey Rosen.
IndyBar: Serve on the IndyBar Tax Section Executive Committee
The Tax Section of the Indianapolis Bar Association is in the process of selecting its slate for the 2021 Executive Committee and positions are available for new committee members.
Elanco to build $100 million HQ campus at former GM site downtown
Elanco Animal Health Inc. announced Friday morning it will build a $100 million headquarters campus at the former General Motors stamping plant west of downtown, a move the state has incentivized with more than $86 million in tax breaks plus land for the project. The announcement came after the former owner of the site dismissed a lawsuit against the city and announced the property had been sold.
Tax Court affirms for iron company in Kosciuscko County dispute
The Indiana Tax Court has affirmed the Indiana Board of Tax Review’s final determination that an iron company’s 2017 personal property tax assessment was final.
Trump lawyers ask Supreme Court to halt tax record turnover
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.
Appeals court: Trump must turn over taxes to prosecutor
President Donald Trump’s accountant must turn over his tax records to a New York state prosecutor, an appeals court ruled Wednesday in a decision that likely sets up a second trip to the U.S. Supreme Court over the issue.
COA rules for Lake County in tax deduction dispute
The Indiana Court of Appeals has ruled in favor of Lake County’s auditor in a tax deduction dispute after finding that the trial court that granted the county summary judgment lacked subject matter jurisdiction.
Tax Court partially reverses tax board’s dismissal of HOAs’ common area claims
A final decision by the Indiana Board of Tax Review that dismissed claims from three homeowners associations was partially reversed by the Indiana Tax Court in a Monday decision.
NY AG probes if Trump pumped up value of estate, assets
New York’s attorney general asked a court Monday to compel some of President Donald Trump’s business associates, including his son, Eric, to testify and turn over documents as part of her investigation into whether the president’s company lied about the value of its assets in order to get loans or tax benefits.
Trump appeals as judge OKs Manhattan DA getting tax returns
As President Donald Trump’s lawyers moved swiftly Thursday to appeal a federal judge’s ruling that granted Manhattan’s top prosecutor access to his tax returns, Trump blasted the long-running quest for his financial records as a “continuation of the most disgusting witch hunt in the history of our country.”
ILS helping vulnerable Hoosiers get stimulus checks
Indiana Legal Services has launched a public education campaign to help all eligible Hoosiers access their federal stimulus payments, noting millions of dollars could remain unclaimed unless individuals act before the Oct. 15 deadline.
Affordable housing nonprofit qualifies for charitable tax exemption, Tax Court says
A Columbus-based affordable housing nonprofit qualifies for charitable purposes exemptions for several years of its operation, the Indiana Tax Court ruled on Monday, rejecting arguments posed by the Bartholomew County assessor.
Prosecutor seeking Trump’s taxes cites probe of his business
A New York City prosecutor fighting to get President Donald Trump’s tax returns told a judge Monday he was justified in demanding them because of public reports of “extensive and protracted criminal conduct at the Trump Organization.”
Tax fraud sentence affirmed for man who sought ‘legacy trust’ IRS refunds
A man who repeatedly sought six-figure tax refunds from the IRS based on sovereign-citizen-style claims lost his appeal of a three-year sentence and an order that he repay nearly $150,000.
Taxpayer loses appeal of class-action denial against LaPorte County
A taxpayer lost his bid to be the lead plaintiff in a proposed class-action over allegedly unpaid interest due to people who received refunds because they had overpaid their property tax bills.
SCOTUS: Congress can’t get Trump records, but Manhattan DA can
The Supreme Court of the United States on Thursday upheld the Manhattan district attorney’s demand for President Donald Trump’s tax returns, but kept a hold on Trump’s financial records that Congress has been seeking for more than a year.
Supreme Court expected to rule on Trump tax records Thursday
The Supreme Court is expected to rule Thursday on whether Congress and the Manhattan district attorney can see President Donald Trump’s taxes and other financial records that the president has fought hard to keep private.
New state laws ban drivers holding phones, hike marriage age
Using a handheld cellphone while driving will become illegal on Indiana roads under a new state law taking effect Wednesday.