Tagged: form 103

3 articles tagged with "form 103".

Property TaxesJun 19, 20267 min read

Indiana's BPP Tax-Cut Paradox: Why Removing the 30% Floor Can Raise Your 2026 Assessment

Indiana's 30% BPP floor removal was sold as tax relief, but 2026 assessments can rise. The aggregate-floor math, PPOP-IN shutdown, and post-May 15 fixes.

Property TaxesJun 4, 20267 min read

Indianapolis Small Businesses: You Still File Form 103/104 Under the $2M Exemption

The 2026 business personal property exemption jumped to $2M in acquisition cost. Most Indianapolis small businesses owe no tax - but you must still file by May 15.

Property TaxesApr 10, 20265 min read

Indiana's Business Personal Property Exemption Just Jumped 25× — What the New $2 Million Threshold Means for LLCs, Landlords, and Small Businesses

SEA 1 and HEA 1427 raised Indiana's business personal property exemption from $80,000 to $2,000,000 effective with the January 1, 2026 assessment. Most small businesses, rental LLCs, and short-term rental operators now owe zero BPP tax — but the filing requirement stays. Here's what changed and how to claim the exemption on Form 103.