January 2016

There is now an adoption credit for Indiana tax returns. The Indiana credit is 10% of the federal credit, but not more than $1,000 per child. The credit is for adoptions finalized in 2015 going forward. 2014 adoption credit carry-forwards on the federal return are...

Beginning on Jan. 1, 2016, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 54 cents per mile for business miles driven 19 cents per mile driven for medical or moving purposes 14 cents per mile driven in service...