taxes

While Indiana’s new property tax plan will save most homeowners money, school districts are going to miss out on millions. Some schools may have to share their shrinking revenue with charter schools.  

The most up-to-date fiscal analysis of the measure reports — compared to our current system — local governments will lose out on nearly $1.8 billion over the next three years.

Student loan borrowers who had their debt forgiven under the SAVE plan will be required to pay income tax on the canceled amount.

Gov. Mike Braun used his first State of the State address to make the case for his policy priorities including property tax reform and addressing high health care costs.

This week the committee will roll out several senate bills addressing property taxes, including Senate Bill 6, a deferral program. Under the bill, a taxpayer could defer from one hundred dollars up to five hundred dollars per year from their tax bill.

More than 600 people were surveyed for the latest edition of the Hoosier Survey by the Bowen Center for Public Affairs at Ball State University.

Could a cigarette tax hike be coming?

Commissioner Julie Thomas said the county needs to construct a new jail to replace its aging downtown facility as well as co-locate judicial services to the same site.

The IRS estimates that more than 19,000 Hoosiers didn’t file their 2020 taxes. Those who didn’t receive their refund might still be able to get that money.

The deadline to file last year’s tax returns is April 15. One expert advises Hoosiers on how to avoid penalties for late or incomplete filings.