(INDIANAPOLIS) — Two leading industry events take place virtually this month from the Indiana Chamber of Commerce. On October 13, compliance and regulatory topics are center stage at the 2020 Indiana Environmental Conference, which is held in partnership with the Indiana Department of Environmental Management. Two weeks later, on October 28-29, the 2020 Indiana Business Tax Conference highlights new [...]
Congress responded to the COVID-19 pandemic with a great volume and variety of relief measures in the Coronavirus Aid, Relief and Economic Security (CARES) Act. Small businesses quickly focused on the Paycheck Protection Program and emergency loans. The enhanced unemployment benefits and payroll tax changes were of interest to all. And employee retention credits were widely noted. But the [...]
Congress responded to the COVID-19 pandemic with a great volume and variety of relief measures in the Coronavirus Aid, Relief and Economic Security (CARES) Act. Small businesses quickly focused on the Paycheck Protection Program and emergency loans. The enhanced unemployment benefits and payroll tax changes were of interest to all. And employee retention credits were widely noted. But the [...]
SB 408 – Various Tax Matters Authored by Sen. Travis Holdman (R-Markle) Removes references to an out-of-state merchant’s collection of the state use tax. (Under current law, an out-of-state merchant is required to collect the state gross retail tax [not the use tax] on retail transactions made in Indiana if certain threshold conditions are met.) Requires the state geographic [...]
SB 292 – Property Taxes Authored by Sen. Jack Sandlin (R-Indianapolis) Authorizes a county fiscal body to adopt an ordinance to establish a senior homestead assessed value deduction. Defines a “qualified senior homestead” for purposes of the deduction as homestead property that is owned by one or more owner-occupants who is at least 50 years of age. Provides that [...]
(INDIANAPOLIS) — Tax law changes, court case outcomes and industry speculation highlight the agenda for the all-new 2020 Indiana Business Tax Conference. The two-day event, planned by the Indiana Chamber of Commerce, will be held February 5-6 at the Hyatt Regency in downtown Indianapolis. Attendees can also expect a deep dive into state and local tax (SALT) matters, including [...]
A little more than a year ago the Interim Study Committee on Fiscal Policy heard testimony from the Indiana Chamber and the Alliance for a Healthier Indiana on the impacts of smoking and the importance of raising the cigarette tax. While there was hope for the possibility of a cigarette (and e-cigarette) tax increase last summer, nothing materialized during [...]
Review the monthly revenue collections over the last several years and you will note that they tend to fluctuate above and below the budget projections. Typically, they balance out and come pretty close to the annual projections by the end of the fiscal year. That said, three months into this fiscal year, collections are up – by $113 million [...]
(INDIANAPOLIS) — The Indiana Chamber of Commerce D.C. Fly-in event on October 9-10 will focus on policy issues impacting Hoosier businesses and is highlighted by federal agency briefings, in addition to office visits with our state’s congressional delegation. The annual marquee gathering traditionally draws businesses and community leaders from all over Indiana to travel to Washington, D.C. The first [...]
Strategies to reduce smoking and, more recently, vaping continue to be Indiana Chamber policy priorities. In late August, we were encouraged that the state of Indiana has taken note of the vaping crisis impacting our middle school and high school students. Governor Holcomb and the Indiana State Department of Health have unveiled an awareness campaign, ways for teens to [...]
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