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...]

Indiana Legislation Protects Military Personnel From Property Tax Increases During Deployment

Indiana Legislation Protects Military Personnel From Property Tax Increases During Deployment

The following is from a news release issued today by Faegre Baker Daniels that can be viewed here. Senate Enrolled Act 367, signed by Indiana Gov. Mike Pence on March 26, includes a provision to prevent active duty military personnel from experiencing substantial and burdensome increases in property tax bills … [Read more...]

Is a Professional Licensing Fee a Tax in Illinois? We’ll Need a Taxpayer with Standing to Find Out.

Is a Professional Licensing Fee a Tax in Illinois? We’ll Need a Taxpayer with Standing to Find Out.

In Illinois Association of Realtors v. Stermer, et al. (Feb. 7, 2014), a trade association representing 40,000 Illinois real estate professionals challenged the state’s transfer of monies from the Real Estate License Administrative Fund into the state’s general revenue fund.  The statute authorizing the … [Read more...]

Indiana taxes – Let’s reorganize local government to save more money

Indiana taxes – Let’s reorganize local government to save more money

The Indiana General Assembly is considering proposals to reduce, if not eliminate, Indiana's personal property tax burden.  In the Indianapolis Star yesterday, Faegre Baker Daniels attorney Chris W. Cotterill, who previously served as Indianapolis Mayor Gregory A. Ballard’s Chief of Staff, offered his thoughts on … [Read more...]

Indiana Department of Revenue issues same-sex marriage tax filing guidance

Indiana Department of Revenue issues same-sex marriage tax filing guidance

The Indiana Department of Revenue has issued the following guidance for same-sex spouses on its web site. In accordance with IC 31-11-1-1, Indiana does not recognize same-sex marriages. Therefore, same-sex couples who file federal returns with a married filing status must each file their Indiana income tax … [Read more...]

Chopping Block – Roundup of Indiana Board of Tax Review property tax rulings (October 2013)

Chopping Block – Roundup of Indiana Board of Tax Review property tax rulings (October 2013)

Values of office buildings reduced based on sale price; Assessor failed to show buyer was “atypically motivated.”  Fort Wayne Portfolio Corporation (“Fort Wayne”) purchased two office buildings on four parcels for $5.1 Million on June 10, 2011; it challenged the properties’ nearly $8.7 Million valuation by the … [Read more...]