In a dark little corner of the tax code known as Section 132(f), the IRS lets employers provide tax-free benefits—typically, payroll deductions and/or subsidies—to employees for commuting costs. That includes vans, buses, bikes, trains, and even parking. And both parties can save, since they’re not getting dinged for their respective taxes on the amount of the benefit.
Figures released Wednesday by the State Budget Agency show August's tax revenue came in at about $948 million, or 1.7 percent below projections.
Indiana Gov. Mitch Daniels says he never asked Purdue University to spruce up the president's office before he takes over the university's helm in January.
An affiliate of the Steak n Shake restaurant chain has agreed to pay $3.8 million to acquire downtown's Ober Building from the Capital Improvement Board of Marion County. The restaurant chain likely will move its headquarters to the 1910 building.
Republican gubernatorial candidate Mike Pence says the iron fist of the federal government, with its freedom-crushing mandates, has no place in Indiana, except for when the government is ordering drivers to put Hoosier corn in their cars.
Following a legal battle decided by the Indiana Supreme Court, the Hamilton County Election Board has agreed to give residents of Fishers and Fall Creek Township the opportunity in November to vote on merging the two into a single city.
Republican presidential candidate Mitt Romney told veterans Wednesday in Indianapolis that he's already started planning how to change veterans' services to help them find jobs during a Romney administration.
Republican presidential candidate Mitt Romney will focus on veterans' issues with a Wednesday afternoon speech to the American Legion in Indianapolis as speakers at the GOP convention in Florida address defense and foreign affairs.
Indiana Republican gubernatorial candidate Mike Pence is calling for more innovation on energy sources, improved transmission infrastructure and a renewed focus on nuclear energy.
A proposal that would expand a downtown tax-increment financing district to the northeast and northwest was approved Monday by the City-County Council's Metropolitan and Economic Development Committee.
Candidates for Indiana's open U.S. Senate seat and the governor's office have largely avoided talk of social issues this election season. But the national firestorm over Missouri Republican Todd Aikin's comments have nudged the topic back to center stage.
The Indiana Department of Workforce Development has caught more than 135 people falsely claiming benefits since 2006. Sixty-two of those have been convicted of felonies, including 14 this year.
The Libertarian candidate for governor said he initially favored a state-run exchange to administer the federal health care law, but chose a joint venture with the federal government after meeting with the governor's staff.
Indiana lawmakers are discovering there are challenges in implementing a new state law designed to give people a chance to have old low-level criminal conviction records sealed by a judge.
The fund was established with an initial $2 million investment from a Securities Division account that's funded by fines paid by violators.
Indianapolis will spend $2 million this year to create its first comprehensive, modern inventory of its streets and sidewalks.
The ordinance covering city employees offers insurance coverage to both same-sex and heterosexual unmarried couples. The mayor also signed the “Complete Streets” proposal.
The two leading candidates for governor offered starkly different plans for improving the state's economy Thursday. Democrat John Gregg wants the state to increase exports by 50 percent. Mike Pence pushed for programs to help students graduate from college within four years.
Frank Straub will be the new police chief in Spokane, the mayor of the Washington city announced Wednesday. Straub was director of public safety for the city of Indianapolis until Aug. 10.
Despite their political differences, the three men running for Indiana governor outlined similar outlooks for running the state during a forum Tuesday, from proposing improved job training to imposing tax cuts. But which taxes should be cut and when highlighted their differences.
