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Taxation News

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Tax News


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Posted on: Jul 10, 2020

The brand new IndyBarHQ facility, opened in 2020, boasts meeting spaces now available for reservation! Our flexible meeting rooms feature state-of-the art technology, reliable wi-fi connectivity and easy access via private street-level entrances.

Posted on: Jun 22, 2020

The Internal Revenue Service has advised that new rules under the CARES Act provide flexibility for health care spending that may be helpful in the current environment where more people may need at-home services due to measures to fight the coronavirus.

Posted on: Jun 1, 2020

The IndyBar exists to serve members of the legal profession, and through our members we serve the community. Lawyers are problem-solvers, defenders of the rule of law. We spend our days seeking to improve the lives of our clients and our communities. We have an opportunity and a privilege to help. 

Posted on: May 18, 2020

The Supreme Court overturned a long-standing common law rule that federal courts had used to decide consolidated group refunds. 

Posted on: May 18, 2020

The IRS has issued a new form as well as instructions related to the three tax credits that were created to assist employers and businesses cope with the current pandemic. This article discusses the three different credits, Qualified Family Leave Credit, Qualified paid sick leave and the Employee retention credit, as well as guidance on filling out the required form. 

Posted on: May 7, 2020

In a recent decision, the Minnesota Supreme Court addressed a Section 1031 exchange and noted that this unique type of transaction provides certain tax benefits that enable property owners to defer the recognition of capital gains or losses. Therefore, absent evidence indicating that the Section 1031 exchange was at market levels, the Minnesota Supreme Court could not conclude the Tax Court properly relied on the transaction to determine the market value of the property.

Posted on: Apr 14, 2020

The CARES Act was signed into law on March 27, 2020, and it includes a significant number of tax items applicable to individuals and businesses. 

Posted on: Apr 14, 2020

I am hopeful that something good can and will emerge from our shared ordeal  It is with this in mind that I’m excited to announce a new social media campaign started by the Women and the Law Division Executive Committee – Find the Good. The goal of this campaign is to highlight IndyBar members who are finding good in life during this extraordinary time.

Posted on: Apr 8, 2020

In order to get the word out about COVID-19 tax relief, the IRS has compiled information in a variety of formats, including graphics and social media posts. Information is also provided in Spanish and other languages.

Posted on: Apr 2, 2020

During this extraordinary time and beyond, the IndyBar is committed to bringing you the information, tools and resources you need to stay informed, stay connected and succeed in the legal profession.


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