Invest a Little to Make a Lot More: Why Indiana should create an event incentive fund to leverage state taxes

Invest a Little to Make a Lot More: Why Indiana should create an event incentive fund to leverage state taxes

In addition to looking at taxes to cut, let’s look at ways to invest a little to make a lot more. For starters, consider visitor spending where more than 26 million people who visit Indy every year generate more than $256 million in state sales tax revenue.  That’s more than the Hoosier Lottery, and that’s just … [Read more...]

There’s One for You, Nineteen for Me – Ideas for the better investment of State & Local taxes in Indiana

There’s One for You, Nineteen for Me – Ideas for the better investment of State & Local taxes in Indiana

  There’s a fair amount of talk lately about cutting taxes, instituting new taxes, and simplifying taxes in Indiana. All this is healthy debate, but we also need to focus on the distribution of our tax dollars. Here are some ideas that should help us invest more where it counts: The business … [Read more...]

Indiana property tax rulings:  charitable purpose exemption for rented home and duplex; taxpayers prevail with USPAP appraisal, lose with “hodgepodge” of questionable valuation methods

Indiana property tax rulings: charitable purpose exemption for rented home and duplex; taxpayers prevail with USPAP appraisal, lose with “hodgepodge” of questionable valuation methods

The following summaries of final determinations by the Indiana Board of Tax Review from the first half of 2014 were prepared by Noeli E. Serna, a 2014 summer associate at Faegre Baker Daniels who will be entering her second year of law school at Northwestern University School of Law this fall. Indiana Board … [Read more...]

Supreme Court Decides United States v. Clarke:  Conjecture not enough to examine IRS officials regarding their reasons for issuing a summons

Supreme Court Decides United States v. Clarke: Conjecture not enough to examine IRS officials regarding their reasons for issuing a summons

This post was prepared by Trina K. Taylor and Charles F. Webber. On June 19, 2014, the United States Supreme Court held that a taxpayer has the right to examine Internal Revenue Service (IRS) officials regarding their reasons for issuing a summons only if the taxpayer points to facts or circumstances that raise … [Read more...]

Allen County Referendum Is a Good Start:  Could Indiana Eventually Replace Elected Assessors with Appointed Tax Administrators?

Allen County Referendum Is a Good Start: Could Indiana Eventually Replace Elected Assessors with Appointed Tax Administrators?

To the great credit of the General Assembly and Governor Pence, House Bill 1346 was enacted to allow Allen County voters to decide if they want to transition from a three-member county board of commissioners, which has executive and legislative powers, to a single county executive balanced by a county council … [Read more...]

More Relief to Local Indiana Government, Without More Taxes

More Relief to Local Indiana Government, Without More Taxes

Today, in the Indiana Forefront blog sponsored by the Indianapolis Business Journal, Faegre Baker Daniels attorney Chris W. Cotterill addresses this important question -- one faced by virtually every local government across the State.  Cotterill, who previously served as Indianapolis Mayor Gregory A. Ballard’s … [Read more...]