Income taxes

Indiana taxpayers to see $111 credit from surplus

November 21, 2012
Associated Press
Indiana taxpayers will receive a $111 credit on their state income tax returns next year as the state distributes part of its budget surplus. The credit will be $222 for couples filing joint returns.
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State's local income tax system isn't keeping up with demandRestricted Content

November 17, 2012
A report by the Indiana University Public Policy Institute and Indiana Fiscal Policy Institute recommends streamlining the system.
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Report backs simpler Indiana local tax system

November 13, 2012
Associated Press
A new report on Indiana's local income taxes urges state legislators to simplify a system that has seven types of taxes and a two-year lag before the money collected by the state is distributed to local governments.
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Gubernatorial rivals eager to cut taxesRestricted Content

October 6, 2012
Kathleen McLaughlin
Indiana’s major-party candidates for governor can’t bestow a job upon every unemployed Hoosier, but each has offered what he considers the next-best thing: at least $500 million in tax cuts.
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Charities disagree on potential impact of tax changeRestricted Content

October 29, 2011
Kathleen McLaughlin
Not-for-profit-sector lobbyists are fighting President Obama’s proposal to limit the tax deduction for charitable donations. Yet some local fundraisers who could be affected by it aren’t concerned.
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Indiana Live to get federal hearing on tax matterRestricted Content

September 10, 2011
 IBJ Staff
Shelbyville racetrack and casino could save millions if it successfully contests the way Indiana interprets state tax law.
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Shrinking revenue puts Ballard in hot seatRestricted Content

July 2, 2011
Francesca Jarosz
A drop in local income-tax revenue could put Indianapolis Mayor Greg Ballard between a familiar political rock and hard place as he faces re-election. Next year’s budgets must be approved in October, when Ballard’s race with Democratic challenger Melina Kennedy will be in the home stretch.
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Showdown looming over Marion County income taxRestricted Content

June 18, 2011
Francesca Jarosz
More agencies will be vying for a piece of the city’s income-tax revenue as next year’s budget process begins. But with that money flat-lined next year, city leaders say there may not be enough to share.
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Lawmakers eye cutting corporate taxes

February 8, 2011
Associated Press
Legislators are moving ahead with a plan to cut Indiana's corporate income tax by about 40 percent while holding off on phasing out the state inheritance tax.
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Indiana officials hope to capitalize on Illinois’ tax woes

January 18, 2011
Scott Olson
Governor, economic development officials look to lure companies to Indiana that now may find doing business in Illinois too costly. But a few experts question whether the state will see any immediate benefits.
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Indiana to stop mailing out state income tax forms

December 29, 2010
Associated Press
The State Department of Revenue estimates the change will affect about 1 million taxpayers and save the state about $200,000 in the next fiscal year.
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Report: State must cut spending, hike taxes or both

September 9, 2010
Francesca Jarosz
Dwindling tax revenues will cause a projected $1.3 billion budget gap as the state enters its next budget, according a report released Thursday by the Indiana Fiscal Policy Institute.
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Former Shelbyville office manager charged with embezzlement

April 1, 2010
Federal prosecutors allege man embezzled $1.6 million from a title insurance company.
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Task force endorses regional taxes for mass transit

February 9, 2010
Chris O'Malley
After 30 years of government studies of a regional transportation system, a private-sector group on Wednesday is set to unveil its own plan that includes commuter rail and toll lanes added to congested interstate highways.
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Indiana cities association seeking local tax options

October 26, 2009
Associated Press
The association representing 470 cities and towns wants lawmakers to pass legislation that would give municipalities the authority to adopt local option income taxes.
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Indiana improves in business tax ranking

September 25, 2009
 IBJ Staff
Indiana is becoming more business-friendly, according to the latest national ranking from the Tax Foundation, which moved the state up two places to 12th.
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Consider progressive taxesRestricted Content

May 25, 2009
Morton Marcus
Put some progressivity into Indiana tax rates when passing the Indiana state budget.
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The tax system has fluctuated throughout the agesRestricted Content

April 13, 2009
Mike Hicks
Let's reflect on the origins of the current income tax system to help understand it better.
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Payroll tax hike loomingRestricted Content

February 23, 2009
Peter Schnitzler
Shoring up the state's jobless-fund shortfall likely will cost employers and employees more.
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