Private Specific counties in Kentucky, Illinois and Tennessee are eligible for filing extensions due to dissentious storms in December 2021. Filing and payment due has been extended to May 16, 2022, and includes individual taxes for fourth quarter 2021 estimated taxation, get-go quarter 2022 estimated taxation and returns filed in 2022 (for revenue enhancement year 2021). Returns received after the deadline will be considered late. More information is bachelor on DOR'south Disaster Relief webpage. Corporate Specific counties in Kentucky, Illinois and Tennessee are eligible for filing extensions due to dissentious storms in December 2021. Filing can be extended to May 16, 2022 and includes C-Corp, S-Corp, Financial Institutions and Partnership taxes for fourth quarter 2021 estimated tax, first quarter 2022 estimated revenue enhancement and returns due Dec. fifteen, 2021 through April 18, 2022. Entities who would like to utilise this relief program should contact DOR using the secure messaging feature in INTIME at intime.dor.in.gov. Returns received after the deadline volition be considered late. More information is available on DOR'due south Disaster Relief webpage.
Of import Detect Regarding Changes to Form ST-109NP&Thou
Form ST-109NP&G has been revised to allow it to be issued by utility service providers in add-on to not-for-profit organizations and federal and land governments. Utility service provides will exist able to upshot a ST-109NP&G to other utility service providers from which they are buying utility services for their own use or for resale to end customers. The grade and instructions have been updated to address the proper utilize of the exemption certificate for the buy of non-metered utility services such equally telecommunication services. There was also a change to the instructions to clarify that the certificate does not relieve a utility provider from the collection of sales tax on payments by a federal or land government instrumentality if the payment is not directly proffered by the federal or state government.
Note that existing exemption certificates that have been issued for utility services of not-for-turn a profit organizations, state or federal authorities instrumentalities, or utility providers remain valid. A ST-109NP&G is only required for meters or services that have not already been granted exemption past the Section or if there is a meter change for accounts non subject area to an existing blanket exemption.
$125 Automated Taxpayer Refund Information
Thank you to efforts over the final nine years that have allowed Indiana to fund critical needs while maintaining our country's competitive tax surround, many Hoosier taxpayers will receive a onetime $125 taxpayer refund under Indiana's "Use of Excess Reserves" law.
The Automatic Taxpayer Refund is carve up from any Indiana Private Income Tax refund you may receive. There is nothing yous demand to do to receive this refund. More than information, including eligibility, is available on DOR's Automatic Taxpayer Refund information page (encounter beneath).
School Scholarship Tax Credit Update
A School Scholarship Tax Credit is bachelor for individuals or corporations who donate to scholarship-granting organizations (SGOs).
The tax credit program can award upwards to $17.five meg in credits for fiscal year July 1, 2021 - June xxx, 2022.
Visit the Scholarship page for information and to subscribe to e-mail updates for the School Scholarship Tax Credit.
Increment in Gasoline License Tax and Special Fuel License Tax
P.L. 218-2017 requires the section to publish the new rates constructive July 1, 2021, for the gasoline license tax (IC 6-6-one.ane-201) and special fuel license revenue enhancement (IC 6-6-2.5-28) on the department's Internet website no after than June ane, 2021. For the flow July one, 2021, to June 30, 2022, the following rates shall be in effect:
0 Response to "How to Know if Kentucky Revenue Is Reviewing Your Estate?"
Post a Comment