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2015 Annual Report -- The Indiana Department of Revenue recently published its FY 2015 annual report. To read it, click here.
School Scholarship Tax Credit Update -- The deadline for individuals and corporations to receive the School Scholarship Tax Credit through donations to scholarship-granting organizations is June 30, 2016. The tax credit program cannot award more than $8.5 million this fiscal year (July 1 – June 30). $5,313,877 currently is remaining for the credit. Should the credit cap be reached before the June 30, 2016 deadline, no further credits will be awarded until after July 1, 2016 when a new fiscal year starts. For more information, visit www.in.gov/dor/4305.htm
New Fuel Tax Update Issue -- Check out the latest edition of Fuel Tax Update, a publication designed for fuel distributors and retailers. This edition features articles about Tax Amnesty 2015, the recent INtax upgrade, alternative fuel decals, and much more. Read Fuel Tax Update…
TaxTalk Blog -- Did you know you may be subject to different types of taxes depending on how you make your purchases? Whehter you choose to shop in store or online, both carry a tax. Read more...
LOIT Handbook Now Available -- The LOIT Handbook for County Auditors is now available! This 61-page handbook designed specifically for county auditors provides detailed guidance and instructions for managing Local Options Income Taxes. Click here to download the Handbook.
Electronic IT-20S Now Available -- The 90,000 Indiana S corporations now are able to electronically file their 2014 annual business tax filings (IT-20S), filed in 2015. For a list of certified tax vendors and those working to become certified to support the electronic IT-20S, click here.
Notification to Gasoline Distributors -- Effective December 1, 2015, the gasoline use tax rate in Indiana for the period from December 1, 2015 to December 31, 2015, is $0.122 per gallon. For more information, read Departmental Notice #2.
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