Wednesday, January 06, 2010

Big Brother Indiana Government Strikes Again - Fail to File Income Tax Return Even if You Owe Nothing - Get Fined $500

The Indiana General Assembly, with one house controlled by Democrats and the other by Republicans, has introduced another Big Brother is watching tax law.

Starting with the 2010 Indiana income tax return, the failure to file a tax return, even if you owe no taxes or are owed a refund, means you may be fined $10 a day up to a maximum $500.

For the lawyers out there, the new provision is found in Indiana Code 6-8-10-2.1(g).

File your voluntary income taxes, or else! (Sarcasm intended).

Since this provision passed both a Republican controlled chamber and a Democratic controlled chamber, it is further proof that there is little difference between the old political parties.

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