Filter content by:
The Indiana General Assembly wrapped up its 2025 legislative session on April 25, sending a $44 billion budget and a host of additional bills to Governor Mike Braun, which he signed into law shortly thereafter. Among the most impactful outcomes of this session were sweeping changes to Indiana’s property tax system and significant updates to … Continue reading
Indiana has entered a new era of tax policy. With the passage of Senate Bill 1 on April 15, 2025, and House Bill 1427 on May 6, 2025, state lawmakers have enacted sweeping reforms that will reshape how property is taxed and how local governments can generate revenue. The legislation introduces meaningful relief for property owners and businesses – […]
This legislation continues to evolve. For the most up-to-date information on Senate Bill 1, go here. Indiana Gov. Mike Braun identified property tax reform as a top priority upon taking office, and with the signing of Senate Bill 1 (SB1) this week, that priority has now become reality. The new legislation introduces several significant changes to […]
The Challenge In 2021, KSM Location Advisors (KSMLA) successfully secured a real property tax abatement for a speculative development in Indiana. However, by 2023, a new, out-of-state owner acquired the building but failed to file the required annual paperwork, leading to the loss of nearly $900,000 in tax benefits in the first year alone. Our […]
In a continued effort to respond to the economic difficulties brought on by COVID-19, Indiana Gov. Eric Holcomb signed Executive Order 20-23. The order automatically extends business personal property tax return and related compliance filings until June 15, 2020. This extended deadline applies to: Business personal property tax returns Certain compliance statements Certain property tax incentive […]