A recent case from a United States district court has garnered much notoriety and created major waves that may revive the important conceptual topic and signify broader acceptance of S corporation tax affecting in business valuations.
Indiana lawmakers will be looking at prescription drug prices, crime sentences and taxes on vaping liquids in the coming months. Those are among the more than 40 topics that leaders have assigned to committees ahead of next year’s General Assembly session.
Treasury Secretary Steven Mnuchin has made it official: The administration won’t be turning President Donald Trump’s tax returns over to the Democratic-controlled House. The move, which was expected, is sure to set in motion a legal battle over Trump’s tax returns.
Finding his crime “serious and disturbing,” the Indiana Court of Appeals on Tuesday affirmed the 71-year sentence and robbery conviction in the death of an Indianapolis tax preparer who kept cash in a safe beneath his desk at his west side Indianapolis office.
When Indianapolis attorney Maurice Scott’s wife told him there were students at the Global Prep Academy who had questions about current government issues, he immediately volunteered to give some answers. Scott and three students travelled to Nashville, Tenn. on Thursday to participate in a national debate competition.
Indiana Gov. Eric Holcomb is praising a U.S. Supreme Court ruling that says states can force online shoppers to pay sales tax. The 5-4 decision Thursday overturns earlier rulings, which determined companies shipping products to states where they didn’t have a physical presence weren’t obligated to collect the states’ sales tax.
Seven Asian restaurants around Indiana did not report sales of more than $8 million, and their owners have been criminally charged with failing to remit nearly $675,000 in sales and food and beverage taxes to the state, authorities said Thursday.
Some residents of Griffith in northwestern Indiana’s Lake County want their community to secede from the township it’s located within.
After a number of years of relative certainty, there have been several recent developments worth noting that could impact federal estate and gift planning.