The child tax credit (CTC), created in 1997, is a federal tax credit available to taxpayers with children. As with most tax laws, the CTC has been modified over the years. In 2021, the American Rescue Plan Act (ARPA) introduced the concept of “advance payments” of the CTC for the […]
For many, the COVID-19 pandemic wreaked havoc on our daily lives. In the professional space, it created quite a challenge for business owners as they navigated supply chain issues and difficulties retaining workers at a time when business income was suppressed. On the issue of employee retention, the federal government […]
When the coronavirus pandemic hit the United States in the early months of 2020, many small businesses ground to a halt as customers stayed home and did not dine out or shop the way that they previously had. Small businesses lost much of their income, but they still had expenses—such […]
Camden & Meridew, P.C. is pleased to announce that firm partners Julie A. Camden and Corey R. Meridew have been selected for inclusion in the Indiana Super Lawyers® 2022 listing. Julie is recognized in Super Lawyers in the area of tax law in Indiana, while Corey is included in the […]
Taxes may be one of life’s unpleasant certainties, but there are ways to minimize or eliminate potential frustrations and unnecessary expenses. Preparation is key to filing a tax return that maximizes credits and deductions without triggering red flags for IRS audits. In this blog, an Indiana tax attorney answers some […]
Paying taxes to the State of Indiana or to the federal government is generally unavoidable, and owing a large amount of taxes or back taxes can be particularly difficult to overcome. Fortunately, there are options to reduce that amount, one of them being an offer in compromise (OIC). Taxpayers may […]
Indiana tax cases can arise under one of several Indiana tax laws. Every individual and business in Indiana is subject to various state and local taxes, but few understand the reasons behind tax disputes. Learning about the different types of tax cases, Indiana Tax Court proceedings, and having an experienced […]
Generally, if you haven’t paid your federal, state, or local taxes at all or haven’t paid your state or federal taxes in full, you may begin to receive notices warning that a tax lien may be filed against your assets. If a governmental entity files a lien, then it has […]
Before the weight of a tax debt becomes overwhelming, let an Indiana tax settlement attorney help get you back on track. The consequences of having unpaid tax debt range from being turned over to collection to seizure of future refunds, wage levies, and even criminal charges. Meanwhile, interest and penalties […]
Imagine the surprise of learning your spouse has improperly reported items on your joint tax return and that the IRS is looking at you to pay back taxes, interest, and penalties. It hardly seems fair, especially if you had no idea. Fortunately, the Internal Revenue Service (IRS) provides a way […]