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Taxation News

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Tax News

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Posted on: Jun 13, 2018

An Opportunity Zone is an economically-distressed community where new investments, under certain conditions, may be eligible for preferential tax treatment. Localities qualify as Opportunity Zones if they have been nominated for that designation by the state and that nomination has been certified by the Secretary of the U.S. Treasury via his delegation authority to the Internal Revenue Service.

Posted on: Jun 12, 2018

Treasury and the IRS hope to complete several guidance projects implementing the 2017 tax law by mid-August, but some high-profile projects may take longer, acting IRS Commissioner David Kautter said May 12.

Posted on: May 10, 2018

The Indiana Department of Revenue (DOR) was nationally recognized today for having “the best sales tax practices amongst all states” by the Council of State Taxation (COST). Indiana DOR received an A- on COST’s grading scale.

Posted on: Apr 17, 2018

Spoiler alert: Indiana ranks as the 23rd lowest for real-estate.

Posted on: Apr 12, 2018

Indiana businesses and individual taxpayers might have double the work (and double the cost) to calculate their taxes next year, since lawmakers packed up and went home this month without passing a key update to state tax laws.

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