Tariffs create uncertainty for merger and acquisition activity
The impact of the tariffs also has extended to merger and acquisition activity, with M&A attorneys trying to keep pace with Trump’s starts, stops and pauses.
Taxes
Articles
Braun OKs future state income tax cuts contingent on unlikely revenue growth
In order for the decreases to kick in, the legislation stipulates that the state’s revenue must hit certain growth benchmarks.
Trump administration to end IRS Direct File program for free tax filing, sources say
The program developed during Joe Biden’s presidency was credited by some with making tax filing easy, fast and economical, while others said it was frequently difficult to use.
With after-midnight vote, Indiana Senate sends property tax bill to governor
The high-profile property tax legislation has been criticized both for not providing enough homeowner relief and for reducing revenue for local governments.
Beckwith calls on Braun to veto property tax bill: ‘NOBODY understands this thing’
Indiana Gov. Mike Braun is expected to sign the latest version of Senate Bill 1, which supporters say would provide more than $1.4 billion in property tax relief over three years. Critics of the bill say local governments will raise income taxes to make up the difference.
Indiana House Republicans OK massive local property, income tax plan that Democrats dub a ‘scam’
House Democrats accused their GOP colleagues of strong-arming local units of governments into raising local income taxes to make up property tax revenue losses.
House increases homeowner relief in property tax compromise with Braun
The governor and legislative leaders have for weeks gone back and forth on the key components of Senate Bill 1.
House committee advances reworked property tax plan, but hurdles remain
Indiana House Republicans’ property tax reform proposal passed out of committee Monday morning, but demands from Gov. Mike Braun and some Republicans for even more relief could complicate the bill’s future.
Senate takes a crucial step toward extending Trump tax cuts
The framework now moves to the House, which must pass it before lawmakers can start working on the bill itself.
House property tax plan would mean lower bills for most homeowners, big changes in system over time
To achieve immediate tax relief, the plan would create a credit worth up to $200 on all homeowners’ property tax bills beginning in 2026.
China to impose a 34% tariff on imports of all US products
The new tariff matches the rate of the U.S. “reciprocal” tariff of 34% on Chinese exports that President Donald Trump ordered this week.
Removal of tax loophole may make Shein, Temu orders more expensive
President Donald Trump on Thursday revoked a nearly century-old tax loophole that saved companies from paying tens of billions of dollars in fees on cheap imports, most of which come from China.
Report: GM to increase production, add jobs at Fort Wayne plant
The Fort Wayne plant produces the Chevrolet Silverado 1500 and GMC Sierra 1500 trucks, with about 1,300 units produced each day, according to the automaker’s website.
Indiana Senate committee turns four local tax bills into one
A jam-packed agency bill became even more behemoth and wide-reaching on Tuesday after a Senate committee crammed in dozens of other provisions that largely deal with local taxes.
In recruiting battle, lawmakers weigh whether to give college athletes tax break on NIL earnings
At least four states are considering giving college athletes tax breaks on endorsement income.
Three plans, three approaches: State leaders still trying to find landing spot for property tax relief bill
Legislative leaders have made clear that they intend to act on Gov. Mike Braun’s central campaign promise to provide property tax relief. However, with less than a month left to pass a solution, leaders have yet to announce agreement on an approach.
Proposed workforce tax credit could apply to training for 800 Hoosiers
Indiana employers who pay for additional staff training that leads to increased wages could be partially reimbursed for the investment.
Braun joins protestors at Indiana Statehouse rally calling for property-tax reform
Many of those in the crowd, whose chants could heard throughout the Statehouse, wore green to symbolize the money they say is lost through property taxes.
Indiana House considers another property tax overhaul solution
Wednesday’s amendment to Senate Bill 1 marked the bill’s third major iteration this session, signaling that legislative leaders have not yet settled on the approach to lower property taxes.
Trump downplays business concerns about uncertainty from his tariffs and prospect of higher prices
On Wall Street, it was a tough week with wild swings dominated by worries about the economy and uncertainty about Trump’s tariffs.