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  2. Hoosiers filing state income taxes find it as easy as ... - AOL

    www.aol.com/hoosiers-filing-state-income-taxes...

    Income tax rate for the state of Indiana is 3.15% — Second-lowest (behind Ohio) in the IMOK (i.e., Illinois, Michigan, Ohio, Kentucky) border states quartet. All Indiana counties have a local ...

  3. Taxation in Indiana - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_Indiana

    In 2014, the Indiana state legislature passed a law that cut the corporate income tax from 8.50% in 2014 to 6.25% in 2016, with further decreases to be phased in until the rate falls to 4.9% in 2022. [5] Indiana is the only state that imposes corporate income taxes based on fiscal year instead of calendar year.

  4. Corporate tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Corporate_tax_in_the...

    The first federal income tax was enacted in 1861, and expired in 1872, amid constitutional challenges. A corporate income tax was enacted in 1894, but a key aspect of it was shortly held unconstitutional. In 1909, Congress enacted an excise tax on corporations based on income.

  5. Taxation in the United States - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_United_States

    Tax rates vary by state and locality, and may be fixed or graduated. Most rates are the same for all types of income. State and local income taxes are imposed in addition to federal income tax. State income tax is allowed as a deduction in computing federal income, but is capped at $10,000 per household since the passage of the 2017 tax law ...

  6. When are taxes due in 2024? And how soon should you ... - AOL

    www.aol.com/taxes-due-2024-soon-file-134119471.html

    The filing deadline for most 2023 federal and state of Indiana income tax returns is April 15, 2024.

  7. Heads up if you’re a freelancer or small business owner: The ...

    www.aol.com/finance/heads-freelancer-small...

    Small business owners, independent contractors and gig workers soon will be getting 1099-K tax forms if they used any payment platform on which they had at least $5,000 in business transactions in ...

  8. Use tax - Wikipedia

    en.wikipedia.org/wiki/Use_tax

    In 2007, 22 states, [6] including New York, California, Ohio and Virginia have included an entry on their state individual income tax return for taxpayers to voluntarily calculate an amount for use tax liability. Taxpayers, however, have been reluctant to pay taxes to the state.

  9. Taxes are due Monday. Need more time? Here's how to ... - AOL

    www.aol.com/taxes-due-monday-more-time-130612668...

    Monday is tax day. If you haven't already submitted your documents to the IRS and the Indiana Department of Revenue, here's what you need to know. Taxes are due Monday.

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