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Jan 1, 2021 · 26 states have notable 2021 state tax changes, including 2021 state income tax changes, 2021 state property tax changes, and 2021 state sales tax changes.
Indiana businesses are facing significant changes in sales tax regulations that will have a profound impact on their operations. It’s crucial for business owners and operators to understand these changes and how they will affect their bottom line.
Jan 1, 2021 · Specifically, the new law creates an Idaho tax rebate fund and directs the state to distribute a one-time refund to taxpayers in an amount equal to 9 percent of the taxpayer’s 2019 individual income taxes paid or $50 per taxpayer and dependent, whichever is greater. [5]
Nov 12, 2021 · The size of the state surplus is triggering Indiana’s automatic tax refund law, with about $545 million being divided evenly among taxpayers through an estimated $170 credit on state tax returns...
Nov 16, 2021 · Indiana ended its 2021 fiscal year at the start of July with nearly $4 billion in reserves due in part to an influx of stimulus money, unintentionally triggering an automatic refund to...
Oct 29, 2021 · With Indiana’s state tax collections surging, a top Republican legislator is looking at possible significant changes to the state sales tax and cutting property taxes for some businesses.
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Nov 12, 2021 · Indiana’s 7% sales tax is among the highest in the country and greater than any surrounding state. Cutting a full percentage point off that tax rate would cost about $1.2 billion, according...
