Showing posts with label Indiana Department of Revenue. Show all posts
Showing posts with label Indiana Department of Revenue. Show all posts

Saturday, March 9, 2019

DOR Reports Processing Over 100 Tax Returns per Minute This Tax Season

Posted on March 9, 2019
Author Jacque Ryan, WKVI

The Indiana Department of Revenue has already processed more than 1.4 million individual tax returns this season, collectively processing over 100 per minute!

Officials report that as the 2019 individual tax season inches past its halfway point with a filing deadline of April 15th, the DOR has been busy issuing over 930,000 tax refunds.

Over 87 percent of those refunds are being issued within 14 days or less. Those who file electronically are receiving refunds even faster with an average processing time of fewer than 11 days.

Meanwhile, those who file by paper are receiving refunds in an average of 20 days. While that may not be as quickly as those who filed electronically, it’s still 22 days sooner than the 2018 tax season.

The Department of Revenue offers a variety of ways to find the status of refund. You can call their automated line at 317-233-4018 or call or visit a district office. Those offices and phone lines are generally open from 8 a.m. until 4:30 p.m. Monday through Friday.

Individuals can also check information by using the DOR’s online refund status interactive tool. You can access the tool on the page entitled “Check the Status of Your Refund Online or by Phone” on dor.in.gov.

Monday, April 9, 2018

Indiana Department of Revenue Urges Taxpayers to Avoid Mistakes That Could Delay Refunds

Posted on April 9, 2018
Author Michael Gallenberger, WKVI

As the income tax deadline approaches, the Indiana Department of Revenue has a few tips for avoiding refund delays. Department officials say many delays are caused by preventable errors, and an easy way to stop those from happening is to file electronically.

If you decide to use paper forms, make sure you have all the documents in the right order and that the filing is signed and dated. Including your phone number will allow the Department of Revenue to get a hold of you if there are any issues.

Make sure you send your tax filings to the right address. Federal forms go to the IRS, while Indiana forms go to the Department of Revenue. There are also different addresses depending on whether your filing requires a payment or is claiming a refund.

If you’ve moved, update your address with the Department of Revenue, since the post office may not be able to forward certain types of mail. Also, if you’re asked to complete an Identify Confirmation Quiz, do it as soon as possible.

Tuesday, March 6, 2018

Department of Revenue Warns Parents to Guard their Children’s Personal Information

Posted on March 6, 2018
Author Jacque Ryan, WKVI

As odd as it may sound, the Indiana Department of Revenue is asking individuals to check their children’s credit reports, regardless of their age.

Identity thieves are always looking for identities that can be used for many years which is why children are typically seen as apt targets since thieves can to use their information unnoticed for a while.

Often times the theft is not discovered until the child grows up and applies for a student loan or a credit card and gets denied for having large amounts of debt or bad credit; it is only then that they realize their identity has been stolen and used for several years.

To prevent this from happening to your child, the IDOR tells parents to refrain from carrying their child’s social security card with them and they suggest that parents check their child’s credit report annually.

If parents recognize that identity theft has occurred early enough, they will have time to correct any errors on the report before it affects a child’s chance of getting a job, taking out a college loan or receiving a credit card.

Additionally, before sharing any of a child’s personal information, ask why it is needed and how it will be protected and be sure that you’re providing those details to a legitimate source. Don’t be afraid to ask for proof that the information will be protected. There’s no such thing as asking too many questions when it comes to protecting your child’s identity.

If you fear that you or your child have been victims of identity theft, follow the link provided for additional IDOR resources related to identity theft.

Friday, January 5, 2018

Indiana Department of Revenue Offers Tax Tips, As Filing Season Approaches

Posted on January 5, 2018
Author Michael Gallenberger, WKVI

The 2018 tax season is about to get underway, and the Indiana Department of Revenue has a few tips to help save you some money. Taxpayers with an adjusted gross income of $66,000 or less may file for free, with the INfreefile program. The Department of Revenue expects that almost 2 million Hoosiers will qualify for free filing this year.

State officials add that filing electronically tends to be faster, safer, and more accurate than using paper returns. But if you do want to file on paper, printable forms for both individuals and businesses are available on the Department of Revenue’s website.

Elderly and low-income taxpayers may also qualify for tax preparation help through the IRS Volunteer Income Tax Assistance and Tax Counseling for the Elderly programs. The AARP Foundation Tax-Aide program also provides help to those over 60, as well as those with low and moderate incomes.

Tuesday, August 1, 2017

State Officials Encourage Residents and Businesses to Catch Up on Prior Years’ Tax Filings

Posted on August 1, 2017
Author Michael Gallenberger, WKVI

It’s never too late to pay your taxes, according to the Indiana Department of Revenue. State officials remind residents that if they filed a federal return, they need to file a state return, as well.

To bring your tax filing status up to date, go to the Indiana State Prior Year Tax Forms web page and choose the tax form for the year you need to file. You can then complete and return the form. If you’re not sure whether you filed for a particular year, call the Indiana Department of Revenue at 317-232-2240.

Businesses that have fallen behind in their state tax payments can catch up with the state’s voluntary disclosure agreement program.

Monday, August 29, 2016

INbiz Expands Resources for Hoosier Businesses

INbiz Expands Resources for Hoosier Businesses
Posted on August 27, 2016Author Tyler Maffitt
  
The state of Indiana launched INbiz earlier this year, but now additional services can be accessed through the site.

INbiz was formed as a one-stop shop for businesses to register, file key reports, and request corporate documents like a Certificate of Existence. The portal allows businesses to meet all of the requirements of state statute in one location.

Now, business owners are able to access services from the Department of Revenue and the Department of Workforce Development on the portal. The additional services will now allow businesses to provide employer reporting, wage reporting, unemployment claims, and tax registration.

Officials with the state say this modernizes their current infrastructure of business resources. Since its launch in April, INbiz has logged 57-thousand users.

Friday, November 13, 2015

2015 Tax Amnesty Program Ends Monday

  
 
Those behind on their taxes still have a chance to repay the state without incurring any penalties.
Indiana’s Tax Amnesty program for 2015 will come to a close on November 16th at Noon EST. The program allows residents and business owners to pay any past-due taxes without interest, collection fees, or other penalties.
According to the Indiana Department of Revenue, taxpayers can participate by paying in-full or establishing a payment plan before the deadline. Those interested in doing so can go online, or stop into any one of the Department of Revenue’s 12 district offices. The nearest offices to this area are located in South Bend, Merrillville, or Lafayette.
Taxes received through the 2015 amnesty program are used to fund the Regional Cities Initiative. The General Assembly has allocated $84-million in grant funding to a region of the state for infrastructure projects that can retain and attract the state’s population.
Additional taxes received in the $6-million will go to fund the Hoosier State Passenger Rail. So far, the program has collected more than $68-million, meeting its goals for the year.
Those who participated in the 2005 Tax Amnesty Program are disallowed from participating in this year’s program.