General Blog

Notice of Intent to Relocation Pt. 2

In a previous blog post, Julie Camden of Camden & Meridew, P.C. outlined the initial steps and requirements to move to a new residence when subject to an Indiana custody order, parenting time order, or grandparent visitation order. But what happens when the one side objects to the notice of […]

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New Exception to the Economic Loss Theory

In a recent decision, the Indiana Court of Appeals held that a new exception existed to the general rule of Economic Loss Theory. Magic Circle Corps v Crowe Horwath LLP, 71A03-1607-PL-1520 (Ind. Ct. Ap. Mar. 8, 2017). In Magic, Magic Circle and several of its shareholders filed a complaint against […]

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Relief from Automatic Stay in Bankruptcy

One of the most purposeful and effective tools in bankruptcy is the “automatic stay.”  When a debtor files for bankruptcy, the “automatic stay”, codified in 11 U.S.C. § 362, operates to “stay” any collection or assessment efforts of creditors against the Debtor.  For example, if a debtor was facing a […]

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Tax Differences Between LLCs and Corporations

If you are thinking of forming a new business, an important question to consider is how you want that business to be structured.  In Indiana, there are many types of business entities, including sole proprietorships, partnerships, limited partnerships, limited liability companies (LLCs), and corporations.  Most businesses these days are structured […]

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various blank USA tax forms

IRS Tax Credits for Schooling

If you, your spouse, or child is a student, you could qualify for the American Opportunity Tax Credit or the Lifetime Learning Credit.  Even if you qualify for both credits, you can only claim one per student in a tax year. The American Opportunity Tax Credit can be taken for […]

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Donald Trump’s Proposed Tax Legislation

Tax rates for married taxpayers with income less than $75,000 is supposed to be 12%.  If income is between $75,000 and $225,000 and you’re a married taxpayer, the tax rate is supposed to be 25%.  For taxpayers earning more than $225,000 the rate is supposed to be 33% if you’re […]

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Indiana Law and Cohabitation

What happens in the case where an unmarried couple that lives together ultimately breaks up where one party pays the majority of expenses?  Can the party paying those expenses recover from their former partner?  Indiana does not recognize common law marriage between parties who live together; however, Indiana does recognize […]

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Entity Forms to Consider When Starting Your Indiana Business

When starting a business in Indiana, entrepreneurs should consider the advantages and disadvantages of forming a sole proprietorship, a corporation, and a limited liability company. The simplest form of business is the sole proprietorship.  A sole proprietorship is a business entity owned by one individual who performs the majority of […]

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