Online sportsbooks partnered with Indiana's casinos to obtain a license. There is an annual operator fee of $50,000 and a tax rate for retail and online sports betting of 9.5%, with all sports betting regulated by the Indiana Gaming Commission. ...
(Indy 500) motorsport race, which has been running since 1909. It has always been one of the states that is more cautiouslyopen-minded about the concept of gambling. Furthermore, the state thoroughly researches and investigates the impact that changes to the legal gambling online Indiana ...
The article discusses Indiana Supreme Court (ISC) and Indiana Tax Court decisions issued between November 1, 2022 and December 1, 2023. Topics explored include the real property tax assessments involved in the case Gold Coast Rand Development Corp. v. Lake County Assessor, the request for sales...
Many taxpayers can expect a bigger tax refund on their 2023 taxes. To help you keep up with soaring inflation, the IRS is making bigger changes than usual that could save you big money on your 2023 taxes, which is the tax return you'll file in 2024. ...
collections when federal relief spending ends. senate appropriations committee chairman ryan misher said he worries about the long-term health of the national economy and that it would be better to wait on tax changes until the legislature takes up a new two-year state budget d...
Indiana removed the 200 transaction threshold effective March 29, 2024. Is what you’re selling taxable? Services in Indiana are generally not taxable. However, if the service you provide includes fabrication, alteration or preparation of a product, you may have to deal with the sales tax on ...
Indiana’s individual income tax rate is a flat rate, currently set at 3.05%, but be sure to check for any updates or changes that may apply.³ Sales and Use Tax: If your LLC sells goods or certain services in Indiana, you may need to collect and remit sales tax to the state. In...
General Changes in the CPA Evolution 1. Updated CPA Exam Structure:The CPA Exam will be revised to reflect a more flexible, competency-based structure. It will focus on core competencies in accounting, auditing, tax, and technology, along with deeper skills in one of three disciplines: Business...
Trust the ProfessionalsLocal accounting and tax firm Baden Gage & Schroeder, LLC is keeping a close eye on potential tax changes that could have a big impact on businesses. AlignedWhy Michigan-based Priority Health’s acquisition of PHP is the “perfect partnership.” ...
The sports betting landscape in Indiana changes frequently, with new sportsbooks and hot promotions coming to market all the time. Check this page and our IN revenue page for the latest updates on sports betting in the Hoosier State. We’re always watching reports from the Indiana Gaming Commis...