Articles tagged as: taxes
May 3, 2023
Indiana will stop taxing all active-duty income in 2024
Indiana will soon join the many states that don't tax active-duty military income under a new law. House Bill 1034 got unanimous bipartisan support as it passed the legislature and was signed by the Governor Monday.
Read MoreFebruary 22, 2023
Governor signs small business federal tax savings bill into law
Hoosier small businesses can get greater federal tax savings this year because of the first bill from the 2023 session thats been signed into law.
Read MoreFebruary 2, 2023
Lawmakers begin debating property tax relief, though help unlikely to come for this year's bills
Indiana lawmakers are exploring ways to help Hoosiers dealing with big increases in property taxes. But the legislation discussed in a House committee Thursday won't affect this year's tax bills at all.
Read MoreDecember 27, 2022
Hoosiers' income taxes going down a little, starting Jan. 1
Hoosiers individual income taxes will go down a little, starting Jan. 1, the first step in a multi-year tax cut.
Read MoreDecember 20, 2022
Indiana gasoline tax dropping 3 cents a gallon in January
That tax rate will be 9.5 cents less than August's record-high rate of 62.4 cents.
Read MoreDecember 19, 2022
Indiana Senate Republican leaders want to eliminate state income tax by end of decade
Indiana Senate Republicans want the state to take a comprehensive look at its tax system -- with an eye towards eliminating the income tax by the end of the decade.
Read MoreOctober 17, 2022
What do Hoosiers need to know about Indiana’s taxation of student loan forgiveness?
Indiana is one of four states that taxes student loan forgiveness. This will include President Joe Biden's recent one-time cancellation of student loan debt for eligible borrowers.
Read MoreSeptember 26, 2022
Indiana $353 million ahead of budget plan less than a quarter into fiscal year
Less than a quarter into its new fiscal year, Indiana has already collected hundreds of millions more in taxes than expected.
Read MoreSeptember 18, 2022
Homeowners in Indianapolis will get a break on property taxes next year
Most Marion County property owners will receive a credit on their Spring 2023 property tax bill to help alleviate a rise in prices.
Read MoreSeptember 6, 2022
Indiana will tax loan forgiveness, similar to other states
The Indiana Department of Revenue confirmed in an email to the Associated Press Tuesday that residents are required to list their forgiven loans as taxable income per Indiana law.
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