New Legislation Allows Increased Property Tax Deductions

Indiana recently passed two new laws that increase the ability of city and county councils to grant real and personal property tax abatement deductions. Under prior law, the amount of any property tax abatement deduction for a given year was based on (1) the increase in assessed value of the property as a result of rehabilitation (of real property) or installation (of equipment), multiplied by (2) a percentage based on a fixed schedule provided by statute. The schedule…

Seeing RED and Feeling Good About It? Planning for Retirement, Education and Disability

The Bingham McHale Women’s Forum and KeyBank’s Key4Women are excited to announce the fourth presentation in their quarterly speaker series entitled, “What Women Want.”  The presentation, “Seeing RED and Feeling Good About It?  Planning for Retirement, Education and Disability,” will be presented by Nancy Pitt, J.D., from Financial Partners Group.  A panel discussion will follow featuring Meredith Carbrey (Bedel Financial Consulting, Inc.), Amy DeMuth, CPA (BGBC Partners, LLP), Derek Hamilton (Bingham McHale LLP) and Ivan Hoffman (Key Bank). …

Protect Your Business By Understanding the Requirements of the Indiana Home Improvement Contract Act

Brad Wilt and I recently authored this article on the Indiana Home Improvement Contract Act, which impacts both home improvement contractors and anyone looking to have improvements made to their residence. A preview is below. Visit the Indiana Association of Plumbing, Heating and Cooling Contractors website for the full article >> The Indiana Home Improvement Contract Act, Indiana Code Section 24-5-11-1, et seq., was enacted to place specific minimum requirements on the contents of home improvement contracts because…