News & Resources

Tax Incentives Highlights

Somerset has been working at the forefront of assisting clients with their expansion plans and financing, and we are excited to share with you one of the most lucrative financing options: applying to the Indiana Economic Development Corporation (IEDC) for

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How To Avoid A Tax Refund Delay

  The Indiana Department of Revenue (DOR) generally processes and mails or electronically deposits tax refunds within three weeks of receiving the tax filing. Most tax filings are delayed due to preventable errors or lack of follow-up from the taxpayer

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Keeping Your Child’s Identity Safe

  Have you checked your child’s credit report? This may seem like an odd question, but identity thieves are looking to steal identities that can be used for many years. Unfortunately, a child’s identity is valuable to identity thieves. The

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CollegeChoice 529 Plan

  Are you looking for a last-minute gift or tax deduction this holiday season? Get both by contributing to a CollegeChoice 529 Direct Savings Plan, sponsored by the Indiana Educational Savings Authority. Taxpayers who contribute to a CollegeChoice 529 Plan

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Growing Company Incentive Update

  Indiana knows it is costly to relocate your business office, train your workforce and purchase the necessary equipment to keep your company competitive. If your company, ownership or management group is discussing your company’s footprint into 2018 and beyond,

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Online Sales Tax

Charges of “online sales tax” have always been a challenge by state tax departments. A US Supreme court case has upheld that states cannot enforce a seller to charge and collect sales tax if the seller does not have a physical

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